Family-run Pizzeria in Colchester with 5-Star Reviews, Offering Bottomless Pizza, Leasehold for Sale
Colchester, Essex
- Status
FOR SALE
- Date Submitted:
03/01/23
- Advert ID
505806
- Leasehold: £75,000
- Rent: £17,500
- Turnover: £125,000 (£2,404 Per week)
- Net Profit: On request
Key Features
- With Car Park
- Accounts Available
- Prime Location
- Close to Local Amenities
- Attractive Business
- Established Business
- Fully Fitted
Business Details
Leasehold pizzeria for sale in Colchester
Family run pizza restaurant for sale. Established over four years ago and now the owners are reluctantly selling for personal reasons. We have consistently received five star reviews and were the first pizzeria in Colchester to offer bottomless pizza.
The restaurant is fully fitted and the pizza oven is a Dragon duel fuel gas/wood oven. The building is on two floors with walk in fridge and dry store upstairs and there is a small office that could be sublet. No business rates are payable. There are five allocated parking spaces in a car park adjacent to the restaurant and one space at the back of the restaurant. The restaurant is situated on the edge of a business park housing many small businesses and the main Colchester sorting office, so there is scope to expand the business by offering a lunchtime service. The trade is currently Wednesday through to Sunday from four pm to nine pm (Wed/Thurs/Sun) and 10 pm Friday and Saturday. The restaurant is licenced and is set up with Just Eat, Deliveroo and Uber Eats for deliveries.
The two owners have worked really hard to establish the business which has strong branding and an excellent reputation.
All fixtures and fittings are included in the sale and there is a vintage Teenage Mutant Ninja Turtle arcade game (£1 play) to be sold as a separate item.
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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.
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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.
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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.
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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.'.
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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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