Pizza Restaurant in Suffolk For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, Suffolk.

Turnover £ 2,000
Price £39,500

Features

Pizza Restaurant

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 510 ft² with wood strip floor, ceiling with spot lights, sales counter, EPOS till. Tables and chairs providing seating for 14 People.

Kitchen, pizza oven (2-deck), refrigerated making table, cutting table, drinks display fridge (glass fronted upright), 2 x freezer, 2 x large fridges, 2 x fridge.

Preparation room, Dough mixer.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx. (80% DELIVERIES)

Staff

The business is at present operated by the vendor with 2 full time & 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 10pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 21 years in 2021 with reviews every 3 years (next review 2027) at a current rent of £9,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 19,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote