Pizza Restaurant & Takeaway in Hampshire For Sale

Situated in an excellent trading position, sought after HAMPSHIRE MARKET TOWN

Turnover £ 5,000
Price £89,950

Features

Modern Pizza Restaurant & Takeaway Franchise

DOUBLE FRONTED PREMISES. Laminate flooring, suspended ceiling with LED light panels. Tables and chairs seating 16 persons. Sales counter, 2 EPOS cash registers, drinks fridge, Ben & Jerry ice cram freezer.

OPEN PLAN KITCHEN. Stainless steel extractor, double deck gas pizza oven, grill, microwave, blender, double sink and drainer, 2 stainless steel preparation tables, dough roller, 'Make Line' pizza topping station

Walk-in chiller

Walk-in freezer

Office

Disabled cloakroom with toilet and sink

Staff toilet with sink

Storeroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a gross profit of 65% approx. Please note the purchase of this business is subject to entering into a Franchise Agreement, full details available upon request.

Staff

The business is at present operated by the vendor on a part time basis with 1 full time plus the assistance of 2 part time staff & 4 drivers
We are informed the wage bill averages £2,000 p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY - 11 a.m - 11 p.m

Outside

Parking space for 2 cars

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SUB-LEASE (from the franchise company) granted for 15 years in 2023 with reviews every 3 years (next review 2026) at a current rent of £18,000 p.a. plus vat

Business Rates from April 2023 £2,160 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE FEBRUARY, 2023, THE VENDORS OTHER BUSINESS INTERESTS

Price

TO INCLUDE THE SUB-LEASE, GOODWILL, FIXTURES & FITTINGS £89,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 44,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote