Well Fitted Pizza Takeaway in East London For Sale

Situated in a parade, excellent main road trading position, EAST LONDON

Turnover £ 5,750
Price £120,000

Features

Well Fitted Pizza Takeaway

4 STAR HYGIENE RATING
FORECOURT WITH PARKING FOR 1 CAR

SINGLE FRONTED PREMISES in the region of 685 ft² WITH ELECTRIC SHUTTERS, Concrete floor, suspended ceiling with spot and LED lighting, sales counter, EPOS till, 2 x LED Menu Boards, 2 x glass fronted drinks display fridge, Ben & Jerry's Ice Cream display freezer, CCTV system (6 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, pizza oven with conveyor belt (single deck), refrigerated making table, Dough mixer, slaber, milkshake machine, 2 x call fridge, fridge, etc.

Walkin coldroom

Walkin Freezer.

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,500 - £6,000 p.w. with a Gross profit of 65% approx. (65% VIA PORTALS)

Staff

The business is at present operated by 3 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 2am
SUNDAY 12 noon - Midnight

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (council) granted for 10 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £18,000 p.a.

Business Rates from April 2025 £4,900 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote