Wood Fired Pizza Restaurant in Hampshire For Sale

Situated in an Industeral Park, prominent trading position, office and commercial area, Hampshire.

Turnover £ 3,350
Price £150,000

Features

Licenced Wood Fired Pizza Restaurant

5 BENCHES FOR OUTSIDE SEATING
5 DAYS OPENING
4 STAR HYGIENE RATING

Ample customer's car parking as there are no parking restrictions.

GLASS FRONTED PREMISES with Concrete floor, ceiling with hanging lights. Bar, under counter drinks display fridge (glass fronted), 2 x EPOS tills. Tables and chairs providing seating for 56 People.

Open plan kitchen area, wood fired Pizza Oven, wood fired BBQ grill, Blue Steel Turbo Fan Oven, stainless steel double door fridge, stainless steel double door freezer, Large Adexa fridge, Holding Oven, SunMix Dough mixer, 3 door refrigerated making table..

Toilet with w.c. and wash hand basin.
Disabled Toilet with w.c. and wash hand basin.

Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,350 p.w. with a Gross profit of 65% approx. (£200 VIA PORTALS)

Staff

The business is at present operated by the vendor with 1 full time staff & 3 part time staff.

Trading Hours

5 Day week
TUESDAY - THURSDAY 12 noon - 2.30pm then 5pm - 8.30pm
FRIDAY 12 noon - 2.30pm then 5pm - 9pm
SATURDAY 4pm - 9pm

Outside

Parking space for 10 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 6 years in 2023 with reviews every 3 years (next review 2026) at a current rent of £15,000 p.a. + VAT In addition we understand there is a Service charge of £3,200 p.a. approx.

Business Rates from April 2024 £3,800 approx. (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 £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote