Pizza Shop & Shisha Lounge for Sale in High Heaton, Newcastle upon Tyne
Newcastle upon Tyne, Tyne and Wear
- Status
FOR SALE
- Advert ID
503310
- Leasehold: £135,000
- Rent: £18,000
- Turnover: £500 (£10 Per week)
- Net Profit: £90 (18% Profit margin)
Business Details
Leasehold Pizza Shop with Shisha Lounge in High Heaton for sale
Leasehold pizza shop for sale
The shop has been established since 2009. It is in a great area with public transport links on the main road. There is healthy competition in this well-populated area. The sale is for the leasehold of the business for £120,000 or your nearest offer. The sale includes fixtures, fittings and stock.
The current opening hours are four pm - 12 am, seven days a week. We have a staff of eight employees (3 drivers). There is not much social media presence. We are already busy but the scope is to expand by introducing more active social media profiles and increasing marketing. We have partnered with food delivery platforms like Uber EATS and Just Eat. We have the company website we take orders on.
We are willing to offer training opportunities to the new owners. The reason behind the sale is other business ventures.
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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.
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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