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Profitable Pizza Takeaway in Reading Berkshire - Established Turnover, Experienced Staff & New Lease

Reading, Berkshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    18/03/23

  • Advert ID

    510253

  • Leasehold: £50,000 (Stock at valuation)
  • Rent: £12,000
  • Turnover: £250,000 (£4,808 Per week)
  • Net Profit: On request

Key Features

  • Accounts Available
  • Established Business
  • Offers Invited
  • Price Further Reduced
  • Prime Location
  • Close to Local Amenities
  • Attractive Business
  • New Lease
  • Fully Fitted
  • Adjacent to Multiple Retailers

Business Details

Profitable Pizza Takeaway for sale

A single-fronted, well-reputed and low-maintenance takeaway is up for a quick sale. It has experienced staff and an established turnover. The takeaway is fully equipped with two kitchens. The first kitchen has an extractor canopy, commercial hob, two microwaves, prep tables, full curry utensils, crockery and cutlery. However, it is currently out of service and carries the opportunity to increase the revenue for the right hands.

The main kitchen is equipped with a full extractor canopy, pizza conveyor oven, triple grill, double tank fryer, double doner kebab grill, two microwaves, pizza topping fridge, two fridges, a counter with two free EPOS, a PC, ice cream freezer, drink fridge, walk-in freezer/cold room, chest freezer, double door heavy duty fridge, steamer, heavy duty dough maker, storage racks and cabinets. Additionally, a grease management system with double sink and staff toilet with new boiler has been equipped.

Historically, the turnover was averaging 7k per week. However, recently the takeaway started closing on Thursdays, affecting the overall turnover. Realistically, the average turnover can be guaranteed to achieve 6k per week easily within a few weeks. The owner has relocated to the North, and the business is getting neglected, hence the sale. The owner has trained staff (if required) who have worked with him for more than six years. The minimum turnover mentioned is lower than the actual historical turnover when the takeaway was open seven days a week, which can be proved from JustEat's previous invoices.

Full initial support will be provided to settle in, especially for newbies and investors. An open fresh lease will be agreed upon transfer of the business.

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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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