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£106,300

PIZZA TAKEAWAY

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Country: UK
BUSINESS DETAILS:
LOCATION
The pizza takeaway business is conveniently located centrally, to an area which is very popular with tourists in a very busy, upmarket, historic North Warwickshire town. It is surrounded by complimentary businesses such as bookshops, boutiques for bridal wear, children’s wear, restaurants, as well as a private girls and boys school which is just across the road. These all bring additional people to the area.

Warwickshire is a beautiful historic county with both the West and East Midlands to its north. It is well provided with both rail links to the capital and also the M1, M6 and M40 motorways.
THE BUSINESS
Advent Business Sales are pleased to offer to the market this well established pizza takeaway business, which has been trading successfully for the past 4.5 years.

The current vendor has been in ownership since its inception and is reluctantly selling due to other business commitments.

The pizza takeaway offers a comprehensive range with sizes from 10” to 16” and toppings meat, seafood or vegetarian, from the basic to the exotic ie; Texas chipotle beef scorcher or peri peri chicken, just to mention two of their specialities.

The takeaway also sells wraps, jacket potatoes, garlic bread, salads, chicken, dips and desserts as well as soft drinks.

Although many of the shops customers are local, it also attracts the many visitors who are drawn to the historic town. Due to the computer linked till, which stores names and addresses of all deliveries made, a data base of some 2600+ customers now exists. This would neatly link into website ordering, adding further possibility for increasing turnover.

The area has good car parking, the décor, fixtures and fittings are to the highest standards.

The turnover is excellent on self restricted hours with high gross profits.

The business is allowed to sub lease the flat above and also the ‘shop’ next door, which is a Turkish restaurant, at a rate of £1210 per month, this gives £14,520 per annum to the company, which is 64.5% of the total rent, an extremely valuable asset, the sub leasee pay their own rates. The shop is fully alarmed.

The business is staffed by the owner, 1 full time, 2 part time employees and 1 full time driver.
REF: 9116CV

TRADING HOURS
Mon - Sun: 5pm – 11pm
EXPANSION POTENTIAL
This is ideally a business for a family, it suffers from restricted opening hours. It would be ideal to open at lunchtimes as the footfall past the takeaway is very high.

Website ordering would also be a big advantage linked into the ordering computer.

FINANCIAL INFORMATION
We have been advised by the vendor of the following:

Weekly sales: £1,200
Gross Profit: 65%

Accounts will be made available to interested parties after a viewing has taken place.

Please let us know if you require finance for the purchase of a business.

BUSINESS PREMISES

Ground Floor
• The takeaway occupies the width of 2 shops and is double fronted with central doorway leading to
• Large public area with 2 small seating areas and a wide split counter across the width of the shop
• Computer linked till and ordering system
• Coffee and Pepsi machines
• Behind the counter is a cold display, jacket potato machine, pizza bag warmer for deliveries, microwave, hot servery from the kitchen and a hot chicken display
• Behind this are 2 double deep fat fryers, chip keeper, double pizza oven, conveyor burger machine – all with hood and extraction.
• To the side is a cold under servery, cold pizza topping servery, small freezer, hand wash, double bowl, single drain wash up sink, dough cutter for pizza base making

• Rear storage area and office
• Second doorway leading back to large walk in fridge and deep freezer
• Rear door leading to rear garden, staff w/c and remote compressors/heat exchangers for walk in refrigeration

The owner has spent £135,000 on equipment and to set up this takeaway, the equipment has been very well looked after.

External
• Paved to shop front

TENURE: Leasehold
Original lease: 20 years
Remaining lease: 16 years
Review every: 4 years
Rent: £22,500 P.A.

We are advised that the annual business rates are currently: £7.700
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