Established Luigi's Pizza and Fish Bar Takeaway Business in Prime Worcester Location Up for Sale
Worcester, Worcestershire
- Status
FOR SALE
- Advert ID
621189
- Reference
B08350 / Rightbiz
- Call Agent:
- Leasehold: £89,995
- Turnover: £210,000 (£4,038 per week)
- Profit: Not Applicable
Business Details
Established Takeaway in Prime Worcester Location
BusinessPlease quote reference B08350
CoGoGo welcomes to the market Luigi's Pizza and Fish Bar, established 7 years ago, it has become a well-loved staple in Worcester, with a loyal customer base, excellent reviews, and consistently high ratings.
This popular takeaway is now on the market due to the owner's other business commitments, presenting a fantastic opportunity for a new owner to take over a highly reputable business in a bustling area.
The business operates from a well-maintained and fully equipped premises, with assets valued at approximately £40,000. Above the takeaway is a one-bedroom flat, currently rented out at £500 per month, providing an additional income stream.
Luigi's Pizza and Fish Bar are run and managed by our client with a dedicated team of three staff members who are highly experienced in delivering the high-quality food service that Luigi's is known for. Current offerings include a wide selection of pizzas, fish, and traditional takeaway items, catering to both local customers and visitors alike.
Growth Potential
While Luigi's is already thriving, there are multiple opportunities to further grow the business:
- Expand Delivery Services: Adding partnerships with popular food delivery apps or extending the current delivery radius could significantly increase revenue.
- Extended Opening Hours: Extending the hours of operation, especially on weekends, could attract more late-night customers.
- Enhanced Marketing: A targeted social media presence, loyalty programs, and local advertising could boost brand awareness and customer retention.
- New Menu Options: Adding popular items like vegan or gluten-free alternatives could broaden the customer base.
Don't miss the chance to acquire this profitable and established takeaway in a high-demand area of Worcester!
Location
Situated in a prime Worcester location with excellent footfall, Luigi's benefits from strong passing trade and high visibility, ensuring a steady stream of customers.
Premises
Luigi's Pizza and Fish Bar occupies a cosy, single-fronted shop with bold, eye-catching signage that draws in passersby, the service area features prominently displayed menu boards above the counter, making it easy for customers to browse their delicious offerings.
Tenure
This opportunity is being sold on a Leasehold basis with 7 years remaining on the lease.
The current rent is £1,200 per month.
We are advised they receive £500 per month from the flat above.
Hours
The current operating hours are:
Monday to Saturday - 4:30 pm to 11:00 pm
Sunday - 4:30 pm to 10:00 pm
Staff
This business is run and managed by our client with the help of 3 staff members.
Financial Profile
This business generated a turnover of £210,000. Full financials can be made available upon further request.
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Listing Statistics
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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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