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Highly Rated Pizza Restaurant in Norwich, Norfolk for Sale with Low Overheads

Norwich, Norfolk
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Highly rated pizza restaurant for saleHighly rated pizza restaurant for saleHighly rated pizza restaurant for saleHighly rated pizza restaurant for saleHighly rated pizza restaurant for saleHighly rated pizza restaurant for sale
  • Status

    FOR SALE

  • Date Submitted:

    14/08/23

  • Advert ID

    518089

  • Reference

    B07464 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £74,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Highly rated pizza restaurant for sale

Business
Please quote reference B07464

CoGoGo are delighted to welcome to the market Little Italia, a highly rated pizza restaurant in Hoveton, Norwich.

The business was first established by our client in 2021, building up an excellent reputation and regular client base. As seen by the many fantastic online reviews and ratings, the business is extremely popular within the local community.

Little Italia has now come to the open market due to our clients desire to pursue other business interests. 

Little Italia offers a versatile menu, allowing customers to either eat in or order through their dedicated website. The business is also on Just Eat, Uber Eats and Foodhub. 

Key selling points -

  • Excellent reputation
  • Repeat custom
  • High footfall location with ample parking in the proximity
  • Fully staffed
  • Hand over period offered
  • Low overheads
Scope for further growth -

  • Increase marketing
  • The business would highly benefit from being owner oprerated. Our client plays no part in the day to day running. 
  • Leaflet drops


Location
Little Italia is located on Riverside Centre, in Hoveton, Norwich.

The business has attractive eye catching signage and receives high levels of footfall and passing trade. 

During the warmer months, the business offers external seating. 



Premises
Basement room -

  • Used for storage only. 
Ground floor -

  • Well designed restaurant with modern and bespoke décor.
  • Upon entrance is the service area with seating for 12 – 15.
  • To the rear of the service area is the fully fitted commercial kitchen with ample work space and storage


Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £11,500 per annum. 



Hours
The current trading hours are -

Monday to Friday - 12:00 - 22:00



Staff
We are advised that the business has 3 to 5 full-time members of staff. 



Financial Profile
Further financials are available upon request. 



Read more

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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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