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Italian Restaurant Pizza Pasta Mondo in Yeovil Somerset Up for Sale with Growth Potential

Yeovil, Somerset
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Well established Italian Restaurant for sale Photo 1
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Well established Italian Restaurant for saleWell established Italian Restaurant for saleWell established Italian Restaurant for saleWell established Italian Restaurant for saleWell established Italian Restaurant for sale
  • Status

    FOR SALE

  • Date Submitted:

    30/10/23

  • Advert ID

    601844

  • Reference

    B07605 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £149,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well established Italian Restaurant for sale

Business
Please quote reference B07605

CoGoGo are delighted to welcome to the market Pizza Pasta Mondo Yeovil, a highly rated and authentic Italian restaurant in Yeovil. 

This business opportunity was first established by our clients in 2011, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews, the business is extremely popular within the local community. 

Pizza Pasta Mondo Yeovil has now come to the open market due to our clients desires to relocate and pursue other business interests. 

Pizza Pasta Mondo Yeovil is an authentic Italian restaurant that uses the freshest ingredients. They cook all their pizza, pasta, and salads from fresh and their authentic menu is available for both delivery and collection. They also serve breakfast, fantastic coffee, cakes, savoury Italian treats, wraps and Focaccia paninis.

The online menu allows customers to either eat in, takeaway or get it delivered. 

Key selling points -

  • High footfall location
  • Modern décor and lighting
  • Turnkey business
  • Scope to increase
Scope for further growth -

  • Increase opening hours
  • Expand delivery catchment
  • Increase marketing – leafleting


Location
Pizza Pasta Mondo Yeovil is located on Westminster Street, in the town centre. 

The premises has eye catching signage and receives high levels of footfall due to its location. 



Premises
Ground floor -

  • Fitted bar
  • Restaurant area with plenty of seats and tables
  • Male and female WC
  • Large commercial kitchen
  • Modern and Bespoke décor


Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease. The current rent is £25,000 per annum. 



Hours
The current trading hours are -

Monday to Wednesday - 4:00pm - 9:30pm

Thursday to Sunday - 11:00am - 9:30pm



Staff
We are advised that the business has 10 to 12 members of staff. 



Financial Profile
Further financials can be made available upon request. 



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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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