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Reference R8994

Pizza Takeaway in North London For Sale

Register to see map and to make an appointment Situated in a parade, NORTH LONDON

Turnover 9,500
Price 160,000

Features

Fully Equipped Pizza Takeaway & Delivery

SPACIOUS SINGLE FRONTED PREMISES with tiled floor, counter, 3 computers for ordering. Breakfast bar with seating for 8 persons. Woodfired pizza oven, 3-door refrigerated making table with refrigerated topping section, 2 small fridges, 1 deep freezer, walk-in coldroom, double sink & drainer, wash hand basin etc.

BASEMENT ideal for storage purposes

Turnover

WE ARE INFORMED the turnover averages 9,500/10,000 p.w. takeaway & delivery, in our opinion offering further potential to increase in the right hands. PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS SUBJECT TO ENTERING INTO A FRANCHISE AGREEMENT. FULL DETAILS AVAILABLE UPON REQUEST. We are further advised that the gross profit is in the region of 74%.

Staff

Mainly staff operated. Staff employed 4 full time & 2 part time.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Sunday - Thursday inclusive - 5 p.m. - 10.30 p.m.
Friday & Saturday - 11 a.m. - 11 p.m.

Outside

Small yard

Tenure

We understand the premises are held on a secure renewable under-lease for a period of 15 years from 2012 at a rental of 31,500 p.a. exclusive of rates up to April, 2021 with rent to be agreed thereafter.

Uniform Business Rates: 7,212 p.a.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 80,000 (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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