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Thriving Italian Pizza & Grill Takeaway Business For Sale in Saint Neots, Cambridgeshire

Saint Neots, Cambridgeshire
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  • Status

    FOR SALE

  • Date Submitted:

    15/04/24

  • Advert ID

    609794

  • Reference

    B07973 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £129,999
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Popular and Growing Takeaway For Sale

Business
Please quote reference B07973

CoGoGo are pleased to welcome to the market Forno Rosso, a highly rated, thriving Italian Pizza & Grill business for sale in St. Neots.

Forno Rosso has been in operation for 4 years, where they have built up an excellent reputation and strong, loyal customer base. 

The business now comes to the market due to their Ill Health.

They are a family Run business and they have a passion for creating enjoyable quality dishes. In their kitchen they produce homemade pizza's and burgers, using fresh ingredients everyday, never failing to impress each customer.

Forno Rosso has a strong online presence, with a fully functional website and app in place to facilitate orders, it also maintains active social media accounts on both Facebook and Instagram. Moreover, the business has established partnerships with the well-known delivery platforms Deliveroo and JustEat. 

Scope to Improve:

  • Extend Opening Hours
  • Elevate marketing advertisement
  • Expand catchment area for delivery
Forno Rosso are well known locally, and as seen by the online ratings and reviews the business is popular:

  • '' Just had an absolutely banging pizza from here. Visting from Essex for work and it just made my trip even better. Would definitely eat from here again. Staff very friendly.''
  • '' Food is always great here - ordered a burger recently and it was amazing! ingredients very fresh and patty tasty! Service is always impeccable, I'm regular of their takeaway and have never had any issues with their delivery or service.
  • '' Fantastic takeaway. Good variety of excellent food. Don't often use takeaway but usually head for Forno Rosso when I do.''
This is a highly desirable business and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector which is already established or for an experienced operator looking for an additional business with the potential for an attractive income stream.



Location
The prime location of the business makes it an attractive proposition to capitalise on the bustling local area.

Forno Rosso being situated opposite a cinema centre and only a 10-minute walk from the town centre and train station, they also benefits from being well-connected to several major cities. A 40-minute drive from London, 20 minutes from Cambridge, and 15 minutes from Bedford, it truly enjoys an advantageous position. 



Premises
Forno Rosso occupies a single fronted premises on a busy high street in St Neots.



Tenure
This business is being sold on a Leasehold basis with 10 years remaining on a 15 year lease.

The current rent is £17,000 per annum (plus VAT).



Hours
The current trading hours are:

Monday to Sunday - 12:00pm to 9:00pm

There is an option to extend the opening hours.

 



Staff
The business is run and managed by our client with the help of 7 staff members.

  • Chefs
  • Drivers
  • Part time staff
  • Full time staff


Financial Profile
The busines generated a turnover of £286,000. Full financials can be made available upon further request.



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Stay Safe

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.

Stay Safe

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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