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Thriving Maida Vale Wood-Fire Pizza Takeaway Business with 2 Kitchens and Extra Income for Sale

Maida Vale, London
Wood-fire Pizza takeaway for sale with 2 Kitchens & Additional Income  Photo 1
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Wood-fire Pizza takeaway for sale with 2 Kitchens & Additional Income
  • Status

    FOR SALE

  • Date Submitted:

    24/03/24

  • Advert ID

    608712

  • Leasehold: £100,000 (Stock at valuation)
  • Rent: £23,000
  • Turnover: £208,000 (£4,000 Per week)
  • Net Profit: On request

Key Features

  • Prime Location
  • Town Centre location
  • Fully Fitted

Business Details

Wood fire Pizza takeaway for sale with 2 Kitchens & Additional Income

A thriving wood-fire pizza takeaway business is currently on sale in Maida Vale, London. This established enterprise has been in operation for 15 years, performing increasingly well since my acquisition last October. Nestled in the heart of Marylebone, it enjoys a prime main road location brimming with fast-food enthusiasts. Its nearness to prominent educational institutions like UCL University and the University of Westminster contributes to a consistent, bustling footfall.

One of its unique selling points is the exclusivity of our offering – delicious Italian style wood-fired pizzas. Currently, we are the only pizza shop in the area offering such a traditional, authentic taste, setting us apart from our competition.

The business premises itself contains a major advantage– two functional kitchens. The basement kitchen is currently leased out as a commercial kitchen, providing supplementary income. The upstairs kitchen is used particularly for our pizza enterprise.

Since last year, the business's turnover has been on an upward trajectory, increasing significantly after we took over. However, due to an increasing demand for my attention in other business commitments, I am unable to dedicate ample time to maintaining this business's warranted growth. Therefore, I have reluctantly decided to put it up for sale. The asking price is £100,000, but it is negotiable. The profit before cost is £208,000, making it a profitable venture for any interested buyer.

The current running hours are from 4 pm to 1 am, Monday through Thursday. Friday and Saturday hours extend from 11 am to 2 am. On Sunday, we operate from 11 am to 11 pm, ensuring a consistent income. We have a team of five employees to manage and run the takeaway efficiently.

Our self-owned website allows us to take orders directly from customers. Additionally, we have partnered with established food delivery services like Ubereats, JustEat, and Deliveroo to expand our reach and delivery capabilities. 

For more detailed information about this promising business opportunity, please feel free to contact me.

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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