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(REF: SE001320)  Pizza And Kebab T/Away And Delivery - Worthing, W Sx
 
Seller Reference: SE001320
B4S Reference: 28501
Asking Price: £55,000
Net Profit: Undisclosed
Sales Revenue: Undisclosed
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Worthing, West Sussex, United Kingdom
  Business Summary   
  LOCATION
This busy well equipped pizza and kebab takeaway and delivery business is located in a good secondary location in the coastal town in West Sussex, and enjoys a convenient position on a main route leading to the seafront. The area has a variety of shops, catering outlets and pubs serving the densely populated local community, with on-street parking available in the immediate vicinity.

THE PROPERTY
The lock-up premises occupy a mid parade position with a double width frontage fitted with aluminium framed display windows and a central entrance door. There is a retractable sun awning and a full width illuminated fascia signboard above and an 'A' board on the pavement providing visibility in either direction. There is also space for two tables on the forecourt in front of the shop.

The interior features a fully tiled floor, suspended ceiling with recessed florescent lighting and extends to approximately 320 sq ft in the waiting area. There is a full width serving counter with chilled serve-over display unit, electronic cash register and a full width illuminated menu board above. Behind, the cooking area has been well equipped with high quality appliances including a Valentine double deep fryer, Lincat chip scuttle, charcoal grill, 2 x Archway kebab grill, 3-pot bain marie, stainless steel extraction hood and wall cladding.

A doorway leads to the preparation room fitted with fully tiled floor and walls and equipped with double deck pizza oven, large stainless steel double door fridge, upright freezer, chest freezer, large Hobart mixer, mincing machine, stainless steel work tables, double stainless steel sink and drainer, microwave oven, and a rice cooker. To the side there is a small office.

At the rear of the building a door leads to a yard with staff WC, small shed with two chest freezers and a larger shed with storage and a further chest freezer. There is parking space for one vehicle and access for deliveries and waste removal.

TENURE
The property is held on a renewable lease with approximately 6 years remaining at an annual rent of £4,000. There is a review pending and we understand the new rent will be £4,500 with a further review in 4 years' time.

The premises have a Rateable Value of £3,750 and we are advised that Uniform Business Rates payable in 2009/10 amount to approximately £900 after Small Business Relief.

THE BUSINESS
The business was started by the current owner 5 years ago and was fitted with high quality new equipment at that time. It has built up a good local reputation for freshly prepared pizzas, kebabs, burgers and associated fast foods, and is well known in the area.

The business is mainly run by the owner together with 1 full time and 3 part time members of staff. Trading hours are:
Monday - Saturday 12.30pm to 11.00pm
Sunday 5.00pm to 10.30pm

We are advised that sales now average around £2,500 per week from a mix of takeaway trade and deliveries in the local area. Thanks to low operating costs, the business yields a healthy net profit to the working owner. Additional details can be divulged to seriously interested parties after an initial viewing and meeting with the owner.

We are of the opinion that this is an excellent opportunity to acquire a well equipped and highly successful hot food takeaway business located in well populated area offering genuine scope for expansion. As such it will appeal to experienced entrepreneurs seeking a new venture or a bolt-on to their existing operations.
 
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No





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