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Reference R9663

Pizza Takeaway & Delivery in Kent For Sale

Register to see map and to make an appointment Residential area KENT

Turnover 4,000
Price 112,500

Features

Pizza Takeaway & Delivery

DOUBLE FRONTED PREMISES with tiled floor. The equipment includes counter, 2 computers for ordering.

OPEN PLAN KITCHEN 30" single deck pizza oven with conveyor belt, 1 second small double deck pizza oven, 3-door refrigerated making table with refrigerated topping section, walk-in coldroom etc.

Turnover

WE ARE INFORMED the turnover is in the region of 4,000/4,500 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further development in the right hands. We understand the business is operated as a Franchise Operation to be taken over by a prospective purchaser.

Staff

The business is at present staff operated. Staff employed 3 full time plus 3 part time.
It will be appreciated upon inspection that with active owners, the wage bill could be reduced.

Trading Hours

11.30 a.m. - 11.30 p.m. seven days per week

Accommodation

The SPACIOUS accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

5 Bedrooms
Bathroom with bath, w.c. & wash hand basin
Kitchen with fitted units

We understand the accommodation is let on a room by room basis & at present provides a total rental income we understand of 2,050 per month.

To the rear on the ground floor is additional accommodation of 2 bedrooms, however we understand this does require refurbishment.

Outside

Parking at rear for 3 cars

Tenure

We understand the landlord, subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease in respect of the ground floor with accommodation over at a rental of 20,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years. (As will be appreciated with the current rental income from the accommodation of 24,600 p.a. at the present time there is a profit rental of 4,600 p.a).

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 112,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 56,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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