Established Italian Pizzeria in South Croydon London Up for Sale
South Croydon, London
- Status
FOR SALE
- Date Submitted:
05/12/23
- Advert ID
603549
- Leasehold: £120,000
- Rent: £16,200
- Turnover: £194,000 (£3,731 Per week)
- Net Profit: On request
Key Features
- Accounts Available
- Offers Invited
- Small Business
- Unique Business
Business Details
Italian Pizzeria Restaurant for sale in Croydon London
Italian Pizzeria Restaurant for sale in Croydon London
A reputable Italian pizzeria on the market holds a leasehold price of £125,000 and currently boasts a turnover of £194,000. While this is the listed price, the owner is open to negotiations and will consider the nearest offer.
In the past 4 to 5 years, this flourishing venture has built up a reputable business, consistently attracting and satisfying a strong customer base. The pizzeria benefits immensely from its strategic location. Positioned parallel to the main road, it boasts excellent transport links which make it a convenient option for the customers.
What makes the business more appealing is its solid online presence. The pizzeria is partnered with online delivery platforms, expanding its reach and serving the needs of modern customers who appreciate convenient food delivery options.
The reason for sale is a personal one. The owner is looking to relocate back to Italy. Therefore, they are seeking a dedicated individual or group to continue the legacy of their successful pizzeria.
Business accounts relevant to this sale are available for prospective buyers. To access the full details concerning this business, please don't hesitate to contact me.
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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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