Search more Italian Restaurants for sale in Cambridgeshire
Reference R9600

Italian Fast Food Restaurant in Cambridgeshire For Sale

Italian Fast Food Restaurant in Cambridgeshire For Sale
Italian Fast Food Restaurant in Cambridgeshire For Sale Buy a Italian Fast Food Restaurant in Cambridgeshire For Sale Sell a Italian Fast Food Restaurant in Cambridgeshire For Sale

Register to see map and to make an appointment Sought after position CAMBRIDGESHIRE with McDonalds, Costa and Subway nearby.

Turnover 4,800
Price 100,000

Features

Pizza, Pasta, Fish & Chips Restaurant & Takeaway

PREMISES 1,238.3ft (115.04M) situated in a Food location comprising 4 units including McDonalds, Costa Coffee, Subway & this Italian restaurant.

Large shared tarmaced car parking (free to use, maximum duration 2 hours)

Front side area with space for tables & chairs, if desired

SPACIOUS PREMISES with quality tiled floor, ceiling with concealed lighting.2 air conditioning units. Tables & chairs providing seating for 28 persons. Large counter with cool display section & 6-burner gas hob, large stainless steel extractor system, upright glass fronted single door fridge for soft drinks, 3-door stainless steel counter fridge with marble top & refrigerated topping section, large pizza oven.

REAR PREPARATION AREA with large mixer, stainless steel cladding to walls, stainless steel extractor, 4-burner gas hob, double sink & drainer, additional double sink & drainer, walk-in deep freezer, walk-in fridge etc.

Fully tiled ladies & gentlemen's cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages 4,800 p.w. (takeaways only) with a gross profit of 65% approx. We are advised the split of turnover is approximately 1,800 p.w deliveries with the balance of 1,700 takeaway. In our opinion offering further potential in the region of 5,000 p.w. once lockdown lifted.

Staff

The business is at present operated by the vendor with 1 chef & 3 full time staff employed.

Trading Hours

7 Day week
MONDAY - FRIDAY inclusive 10am - 2pm - 4.30pm - 8pm
SATURDAY - SUNDAY 10am - 9pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2012 with reviews every 5 years (next review 2022) at a current rent of 21,400 p.a. (excluding VAT)

Price

TO INCLUDE THE SECURE, GOODWILL, FIXTURES & FITTINGS 100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Italian Restaurants for sale in Cambridgeshire

Buy an Italian Fast Food Restaurant in Cambridgeshire For Sale on NationwideBusinesses.co.uk