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Pizza Shop With Flat Near Birmingham For Sale

 
Rubery, Worcestershire, United Kingdom
 
Advert ref: PS873K
  
Business description
This attractive busy shop is part of a row of shops in the main shopping road of Rubery which is in Worcestershire south west of Birmingham and about nine miles from the City Centre. The shop is open all day from 11.00 am seven days a week and although it offers an efficient delivery service, there is good shop trade in addition.

There are three tables with chairs for people who wish to eat on the premises, a Coca Cola cold drinks cabinet and a television.

The owner has several pizza shops and started this one just over a year ago, he has to sell this one for personal reasons but has built if from nothing to a thriving business. The shop was completely re-fitted at the start, so all of the equipment is relatively new, the main business is the preparation sale and delivery if required, of pizzas and these are all made on the premises, which makes this business completely different from the average pizza shop where the pizzas are bought in frozen and re-heated.

A total of twenty three different pizzas are available, all in a choice of sizes and crusts, plus starters, pastas, burgers salads and chicken. Deserts and a selection of cold drinks are also on the menu.

The turnover has been building over the past year and now exceeds £4,000 a week, there are no actual accounts but there are figures that can be examined and the owner is prepared to let any seriously interested purchaser stand in the shop for as many days as they need to judge the turnover.

Based on a turnover of £4,000 a week which would be £177,000 a year after deducting the VAT, the gross profit would be £88,500; this is a 50% mark up and includes the cost of the boxes. Working on the current overheads quoted with two part time drivers and two part time shop workers, a working owner should earn a good living from this business, which should continue to improve.



Years established: one
Employees: Owner two part time drivers two part time shop staff
Trading hours: Sun to Thurs 11.00am to 1.00am Fri & Sat to 1.30am
Property: Leasehold

Lease terms
15 years left on the lease Current rent £17,500pa

Living accomodation
The self contained flat has recently been decorated in a simple fashion and consists of a full width front bedroom with an en-suite shower and front aspect window, there is a toilet just outside the bedroom door, leading off from the hallway, a rear kitchen with a sink unit and some cupboards and a water heater, plus a rear facing lounge, both of these room have rear aspect windows.

Location
Prime position in the main shopping road of the town

Expansion potential
Still areas to expand

Competition / Market
Little locally

Support & training
Full training will be provided

Reasons for selling
Other business interests

Photograph of this business for sale

 
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Financial details

 
Asking price: £55,000
Sales revenue: £177,000
Net profit: Undisclosed
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 

Photos

 
Photograph of this business for sale

Photograph of this business for sale

 

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