Pizza Delivery & Takeaway London SE14 For Sale New Cross Gate area, London, United Kingdom Advert ref: TA501CG Franchise terms
A franchise fee of around £60 per week is payable.
Business description
A small easily run pizza takeaway & delivery shop with sales area and kitchen on ground floor with further rooms at basement level and enclosed rear garden.
The vendor of this business informs us that the takings are currently in the region of £2,500 per week and in our opinion there is significant scope to lift turnover simply by increasing leafleting in the densely populated local area.
This business operates under a franchise for which the franchise fees are in the region of £60 per week, the franchisor has 12 other outlets in the London area.
Potential purchasers will be given an opportunity to verify the takings after a formal viewing of the business.
Please see the Full Sales Details for further information.
Trading hours: 12.00 to 11.00 7 days a week
Property: Leasehold
Lease terms
We are informed that these premises are held on a renewable 20yr lease which commenced in 2008. The current rent is £15,000 (plus VAT) per year. Prospective purchasers should note that the landlord will require a rent deposit of £3,750 (plus VAT)
Location
Situated in the very busy New Cross Gate area of London and surrounded by shops, houses, flats and student accommodation. Close to 2 schools and near to main rail routes and close to bus station.
Expansion potential
There is great scope to increase the sales of this business by leafleting the densely populated surrounding area.
Financing available
This business may be able to support finance (subject to status), for details please contact Lakey & Co on 0845 094 8275
Related documents
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| | Financial details Asking price: £69,950
Sales revenue: £150,000
Net profit: < £100k
Furniture / Fixtures value: £10,000
Inventory / Stock value: Undisclosed |
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