Pizza Takeaway in Kent For Sale

Situated in a parade, excellent main road trading position, town centre, KENT

Price £67,500

Features

Pizza Takeaway with Optional Franchise - Temporarily Closed Due To Staff Shortages

NEWLY FITTED 2021

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 900 ft². Laminated strip floor, suspended ceiling with panel lights. Air conditioning with hot air. Tables and chairs providing seating for 12 persons. Cool display counter with refrigerated storage section, EPOS till, stone based pizza oven, refrigerated making table, 2 under-counter fridges, 2 glass fronted uprightdrinks display fridges. CCTV system (8 cameras, 1 monitor).

Walk-in coldroom
Stockroom

First floor

Staff room.
Toilet with w.c. and wash hand basin and shower
Small Kitchen

Turnover

WE ARE INFORMED by the owner the turnover, when trading, averages £4,000 - £5,000 p.w. with a gross profit of 65% approx. PRESENTLY THIS BUSINESS TRADES AS A FRANCHISE, THE FRANCHISE FEE IS £450 pcm.

Staff

The business was operated by a self employed manager & 2 part time staff.

Trading Hours

were, 7 Day week
MONDAY - SUNDAY 11 a.m - 10 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £13,000 p.a. plus VAT. In addition we understand there is a service charge of £1920 p.a. approx.

NIL Business Rates 2024/2025 after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £67,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 33,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote