Pizza Restaurant and Takeaway in Hertfordshire For Sale

Situated an a multi-purpose building, sort after trading position, residential and commercial area, Hertfordshire.

Turnover £ 9,250
Price £175,000

Features

Pizza Restaurant & Takeaway

5 STAR HYGIENE RATING.
FULL KITCHEN DISPLAY SYSTEM (KDS)
2019 Smart Car

SINGLE FRONTED PREMISES with tiled floor, spot lights, sales counter, EPOS till, Tables and chairs providing seating for 37 People, CCTV system (7 cameras).

Open plan kitchen area, pizza oven (2-deck), refrigerated making table, 2 Dough fridges, drop freezer, Rational Combi Pro, Hot Rack.

Preperation Kitchen with fridges, freezers, deep freezer, Dough mixer, milkshake blender, etc.

Toilet with w.c. and wash hand basin.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,250 p.w. with a Gross profit of 65% approx. (ONLINE £1,220 p.w.)

Staff

The business is at present operated by 3 full time staff 6 drivers.

Trading Hours

7 Day week
MONDAY - FRIDAY 3pm - 10.15pm
SATURDAY - SUNDAY 12 - 10.15pm

Outside

Parking space for 3 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2023 with reviews every 3 years (next review 2026) at a current rent of £23,358 p.a. + VAT

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2012, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £175,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 87,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote