Pizza Takeaway in North London For Sale

Situated in a parade, residential area NORTH LONDON

Turnover £ 7,500
Price £125,000

Features

Busy Pizza Takeaway

4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 380 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with spotlights. Waiting area. Sales counter, EPOS till, glass fronted upright drinks display fridge, ice cream freezer. CCTV system (4 cameras, 1 monitor).

OPEN PLAN KITCHEN. Stainless steel extractor unit, 2-32" single deck pizza ovens with conveyor belt, refrigerated making table, dough mixer, dough roller1 fridge, 4 freezers.

Walk-in coldroom.

Staff toilet with w.c. and wash hand basin

Large Basement, used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,500 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 1 pizza maker & 3 drivers.

Trading Hours

7 Day week
MONDAY - SUNDAY 4 p.m - 1 a.m

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £16,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote