Prime North End Portsmouth Pizza & Kebab Takeaway Shop for Sale, Great Location
Portsmouth, Hampshire
- Status
FOR SALE
- Date Submitted:
07/09/22
- Advert ID
499770
- Leasehold: £120,000
- Rent: £21,600
- Turnover: £540,000 (£10,385 Per week)
- Net Profit: £80,000 (15% Profit margin)
Key Features
- Established Business
- Prime Location
- High Turnover
- Fully Fitted
Business Details
Busy Pizza & kebab Takeaway & Delivery corner shop Best location in north end Portsmouth
Busy pizza and kebab takeaway shop for sale
The business has been established for 14 years in Portsmouth, Hampshire. It is a double-fronted corner shop. I have owned it for ten years. It is in a prime location on the main road with the town centre nearby.
There is a lot of competition and, it is a thriving business. The sale is for the leasehold of the business at £120,000, or your nearest offer. The sale includes fixtures, fittings and available stock.
The business is currently trading. We make a yearly turnover of £540,000. It has been increasing over the years. The current opening hours are three pm - three am (7 days a week). The licence is available to open for longer hours (24 - hour licence). We have a staff of eight employees.
We have partnered with food delivery platforms like Just Eat and Uber Eats. We are willing to offer training opportunities to the new owners. The reason behind the sale is the breakdown of the partnership.
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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.
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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.
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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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