| Thriving Pizza Takeaway With Living Accommodation |
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| B4S Reference: |
25903 |
| Asking Price: |
£98,000
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| Net Profit: |
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| Sales Revenue: |
£156,000 |
| Number of Staff: |
3 |
| Established For: |
15 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Crawley, West Sussex, United Kingdom |
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The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £156,000with a gross profit of £137,000. (See financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for couple or partnership.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern provides Pizza home delivery and takeaway Kebabs and Chicken.
History
Phoenix Business Transfer Agents are delighted to place onto the market this very busy Pizza takeaway which has been established since 1996. The business has been in the hands of the current owner since 2007 and now wishes to sell due to retirement.
Services
This very good business opportunity provides Pizza, Kebabs, Chicken, Home delivery and Takeaway.
Staffing
The concern employs 2 full-time and a part time driver.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner markets the business has a website.
Competition
As far as competition is concerned there is another similar business nearby.
Market
The client base consists of internet, locals and passing trade.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include day times has a license from 11 am to 3 am not fully used.
• Increasing the product line to include fish and chips/burgers.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With the introduction of a website and e-commerce.
• With an enhanced website.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
The present annual turnover is £156,000 with a gross profit of 88%. The wages are £800 per week. The present value of the stock is £2000.
The potential turnover of the business within the next 2 years is forecast to reach £260,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.
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Property: |
Leasehold |
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Lease Terms: |
The original length of the lease was 12 years with 8 years remaining. The rent is £15,540 pa with a review in 3 years. The rates are £2800. |
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Current Rent: |
15540pa |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
On the first floor there are 3 large rooms that can be used as living accommodation. They are being used as storage by the current owner.
EXTERNAL
To the rear is a large shed that is used as storage and a garden area there is room for a further large shed.
There is a side entrance that is gated and secure.
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Location: |
The original length of the lease was 12 years with 8 years remaining. The rent is £15,540 pa with a review in 3 years. The rates are £2800. |
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As far as competition is concerned there is another similar business nearby. |
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The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include day times has a license from 11 am to 3 am not fully used.
• Increasing the product line to include fish and chips/burgers.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With the introduction of a website and e-commerce.
• With an enhanced website.
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The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Sunday to Thursday 5pm to 11.30pm
Friday to Saturday 5pm to 1am
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The concern employs 2 full-time and a part time driver. |
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