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PIZZA DELIVERY

Visits: 1229
Country: UK
City: Hampshire
Location
This superb business opportunity is situated in the town of Bordon, in Hampshire. The premises form part of a parade of three retail outlets which are prominently located in a lay by just off the main arterial road. The town centre is only a two minute walk and all local amenities are very convenient. There are also parking facilities immediately outside the premises. The local Prince Philip army barracks are very close by and this business is very popular with the soldiers.
The surrounding area is very densely populated and the area offers a good lifestyle. The business only operates within a 3 mile radius.

Business Details
Phoenix Business Transfer Agents are delighted to place onto the market this franchised pizza delivery business which has been established for over 20 years. The business has been in the careful ownership of the present owner since 2002 and he now wishes to sell to concentrate on other business interests.

This very good business opportunity provides a pizza delivery service offering burgers and Haagan Daz ice cream and a selection of complimentary dishes. About 80% of the income is derived from pizzas.

The franchisors have 25 or so national outlets offer good national advertising and are paid only £2,500 per annum. They have a very non intervening approach to this operation so the owner is able to operate the business as he pleases. .

The concern employs 4 full time and 2 part time staff. The business is fully managed.
The owner has very little to do with the business which is run as a turnkey operation.

The owner has found that local leaflet drops are the most effective form of advertising. 1000 leaflets are distributed continuously each week.

There is only one other local pizza delivery business but they are not able to compete with the quality of service and the taste of the pizzas.

The concern benefits from all the latest technology and has an up to date computerised till and is fully equipped.
The particular highlights of the business are:
- A franchised operation with limited outlay. There are no renewal fees ever to pay and the franchise is for an indefinite period.
- Congenial hours for the industry.
- A branded and well known business which has over 20 years trading record
- No real competition
- A fully managed turnkey operation
- There is sizeable living accommodation with the lease.

The concern has huge potential. In particular the turnover and profits can be increased by:
- An owner operator will increase profits
- The business presently only caters for clients within a three mile radius and the owner has kept the operation very simple. Coverage of leaflet drops to say a 9 mile radius will increase sales and profitability.

The owner would be available for an extended business familiarisation period if required.

Property Details
The premises are very well presented and are branded according to the franchise. It is spacious and modern and has recently been refurbished. There is a branded shop front with a large window providing excellent visibility and leads to the main retail area. There are 6 covers and a very prominent menu board which has been very well put together. The Haagan Daz fridge is a large stand up unit. The operation is tidy and professional. The large serve over counter has a display area and to the other side has the pizza preparation area. There are 2 large and modern ovens as well as a hot plate and a double fryer.
To the rear there is a large cold room and a further preparation area with another ice cream fridge and a drinks fridge. There is also a large wash up area with a stainless steel double sink. There is also a large safe and toilets.

Equipment with sale
The business comes fully equipped and all fixtures and fittings are included in the sale. The equipment is valued at approximately £40,000.

First Floor
On the first floor there is very spacious accommodation which consists of two bedrooms, a lounge and a kitchen and bathroom. It is presently used by staff but could yield a rental income of £600 per month.

External
To the front there is a car park.
To the rear there is a large concreted area with side access for deliveries.

Financial Details
The turnover of the business is in excess of £250,000 per annum with a gross profit of 75%. The net profit is in the region of £50,000 plus. The stock value is approximately £3,000.

Opening Hours
The business operates from 4 pm to 11 pm Monday to Thursday and Sunday, and on Friday and Saturday the opening times are from 12 noon until 12 midnight.

Tenure: Leasehold
The original length of the lease was 20 years with 19 years remaining. The rent is £16,000 per annum with a review in 4 years time. The rates are £2,300.
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