Profitable Takeaway Business in Norwich Norfolk - Hot Grill Kebab/Pizza and Burger House
Norwich, Norfolk
- Status
FOR SALE
- Date Submitted:
08/03/24
- Advert ID
607972
- Reference
B07885 / Rightbiz
- Call Agent:
- Leasehold: £99,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Well Established Takeaway For Sale
BusinessPlease quote reference B07885
CoGoGo are delighted to welcome to the market Hot Grill Kebab/Pizza and Burger House, in Norwich.
Hot Grill was first established in 2016 and came under our client's careful ownership back in 2020. Ever since our client took ownership, the business has become extremely well established within the area and built up an excellent customer base.
The business now comes to the market, only due to our client's desire, to spend more time with their young family.
You can take advantage of their website which can be navigated easily, where they offer both home delivery and collection. They offer a variety of flavourful foods and some classic favourites such as, Calzones, Pizzas, Burgers, Kids Meals, Desserts and much more. ALL at affordable prices.
Scope for Improvement:
- Increase Advertisement
- Apply for a late license
- Increase trading hours
- Expand Delivery Catchment area
- Website
- Pizza Oven
- Fryers
- Bain Marie
- Menu Boards
- Cooker & Hob
- Crockery
- Fridges
- Freezers
- Kebab Machine
Location
Hot Grill Kebab/Pizza and Buger House is located on a busy high street in Norwich.
The business advertises an eye catching signage attracting many customers.
Premises
Basement Floor
- Bathroom
- Basement leads to a large riverside garden, which is subject to license to expand or open as a coffe shop, beer garden ect.
- Open plan service area (with menu boards)
- Commercial Kitchen
- Storage area
- Two bedrooms
Tenure
We are advised the business is being sold on a Leasehold basis with 8 years remaining on a 10 year lease. The advised rent is £1,200 per month.
Hours
The current trading hours are:
Monday to Saturday - 5:00pm to 11:00pm
Sunday - Closed
Staff
The business is run and managed by our client with the help of 4 staff members.
Financial Profile
The business achieved £300,000 - £350,000 back in 2023. Due to them deciding to shorten their trading hours for 2024 they have decreased the forecasted turnover to £250,000.
Full financials can be made available upon furhter request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
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