Pizza Takeaway in Balham For Sale

Situated in a parade, excellent main road trading position, SW LONDON BALHAM

Turnover £ 8,500
Price £210,000

Features

Fully Equipped Pizzas Takeaway & Delivery

SPACIOUS SINGLE FRONTED PREMISES in the region of 970 ft², non-slip floor. Counter, 3 computers for ordering with additional 3 computers in the kitchen area. 2-deck pizza oven with conveyor belt, 1 stainless steel table, 1 refrigerated topping section, walk-in coldroom, chest deep freezer, 1 small deep freezer, double sink & drainer etc.

Staff w.c. & wash hand basin

Basement in the region of 450 ft² with office

Turnover

WE ARE INFORMED the turnover is in the region of £8,500 p.w. including approximately 35% takeaway with the balance in respect of deliveries. PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS SUBJECT TO ENTERING INTO A FRANCHISE AGREEMENT, FULL DETAILS AVAILABLE UPON REQUEST.

Staff

The business is at present staff operated. 2 full time plus 5 part time staff employed.
It will be appreciated upon in spection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Sunday - Thursday inclusive - 11 a.m. - 11 p.m.
Friday & Saturday - 11 a.m. - 2 a.m.

Tenure

WE UNDERSTAND the premises are held on an UNDER-LEASE from Papa Johns granted for 15 years in 2018 with reviews every 5 years (next review 2028) at a current rent of £26,000 p.a. plus VAT

Business Rates from April 2023 £1,700 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE UNDER-LEASE, GOODWILL, FIXTURES & FITTINGS £210,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 105,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote