Franchised And Leasehold Pizza Takeaway & Delivery Outlet In Bedford | | Kempston Bedfordshire | | Phoenix Business Agents are delighted to place onto the market this Franchised and Leasehold Pizza Takeaway which has been established since 2002. The business has been in the hands of the current owner since 2002 and he now wishes to sell. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61982
ADVERT IMPRESSIONS : 8,617 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Take Aways / Delivery | | SALE: | Agent Sale | ASKING PRICE: | £86000 | LEASEHOLD: | £86000 | ANNUAL RENT: | £12000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | - Situated in the Kempston area of Bedford.
- Prominent location on main arterial road.
- Part of a parade of shops.
- Excellent free parking facilities on the main road.
- Industrial estates nearby.
- Surrounded by a densely populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- A commercially thriving area.
- Well linked with the A6, A5134 and A421.
- Bedford Town Centre, Milton Keynes, Luton and Northampton all lie close by.
- Area enjoying much growth and re generation.
- Excellent local demographics for this type of area.
Business Details
The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £160,000 with a net profit of £19,656. (See financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for a partnership.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern provides Pizza, Pasta, Chicken, Salads, Desserts, Various Side Orders and a Free Delivery service.
History
Phoenix Business Transfer Agents are delighted to place onto the market this Franchised and Leasehold Pizza Takeaway which has been established since 2002. The business has been in the hands of the current owner since 2002 and he now wishes to sell due to relocation.
Services
This very good business opportunity provides Pizza, Pasta, Chicken, Salads, Desserts, Various Side Orders and a Free Delivery service.
Staffing
The concern employs 1 full-time member of staff and 5 part-time delivery drivers.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner markets the business over 3 websites (Just-Eat, Hungry House and fill My Belly).
Competition
There is no local competition.
Market
The client base consists of local residents with a wide radius served by the delivery service.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the product line to include Kebabs, Curries and Fish & Chips.
• Becoming more efficient with staffing levels.
• With an enhanced website.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property Details
The property is terraced and is part of a parade of shops and is approximately 500 sq ft. The front is branded with an attractive glass front. The main customer service area is tiled. It is very well presented and is very conveniently laid out.
To the rear is a store room. There are a toilet and staff facilities and a fully equipped kitchen.
First Floor
On the first floor there is a basic living area for overnight accommodation which is currently used for storage.
Basement
There is also a good sized basement currently used for additional storage space.
External
To the rear there is a small back yard.
Equipment with sale
All fixtures and fittings and equipment are included in the sale price and are valued at £32,000.
Financial Details
The present annual turnover is £163,800 with a gross profit of 24% and a net profit of £19,656. The present value of the stock is £1,400.
The potential turnover of the business within the next 2 years is forecast to reach £200,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Trading Hours
Open 7 days a week: 11am to 12pm
Tenure
The original length of the lease was 20 years with 11 years remaining. The rent is £12,000 pa. The lease may be renewable or negotiable for longer term if required. The rates are currently FOC.
Viewings
The owners are available for viewings at any time by prior arrangement.
Price: £86,000
Ref: 2103
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller. | | | | | | FOR SALE | | | | | REFERENCE: | 2103 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
