Kebab and Pizza shop for sale in Barnet London with a 20 year lease available
Barnet, London
- Status
FOR SALE
- Advert ID
636928
- Leasehold: £59,999
- Rent: £17,400 (£1,450 per month)
- Turnover: £260,000 (£5,000 per week)
- Profit: £60,000 (24% Profit margin)
Key Features
- Town Centre location
- Established Business
Business Details
Established Kebab & Pizza shop for sale in City of London 20 years Lease
Kebab & Pizza Shop for Sale in Central London
Available for purchase is an established Kebab and Pizza shop located in a prime area of Central London. This business benefits from a high-traffic location, ensuring excellent visibility and accessibility for customers. With over 20 years in operation and a loyal customer base, this is a fantastic opportunity for a new owner to take over a successful venture.
Currently, the business operates on a collection-only basis, which presents significant growth potential for anyone looking to introduce delivery services. Despite the absence of delivery options, the shop maintains a strong performance in sales, proving its capability for sustained success.
Business Features
- High foot traffic location with prominent visibility.
- Established customer base resulting in strong repeat business.
- Essential kitchen equipment and inventory included in the sale.
Business Details
The current owner has operated the business for three years but is selling due to obligations in Turkey and Dubai where they have separate business interests. The shop is family-run, with four employees comprising the owner’s wife and son.
Location and Amenities
This kebab and pizza shop is surrounded by various amenities, including two nearby pubs, enhancing its attractiveness to customers. Notably, there is limited competition in the immediate area, allowing the business to thrive without direct rivals.
Financial Overview
The leasehold price for this business is £69,999, and it currently generates a turnover of £260,000, with a profit margin of approximately £60,000. The annual rent for the premises is £17,400, making it a viable investment for future growth.
Online Presence
While there is an existing online presence, it has not been actively managed as the business focuses solely on collection. A new owner could easily capitalize on this by revitalizing its online delivery capabilities to reach a broader customer base.
Contact us today on: 07305414352
2-East Barnet Road
EN4 8RW
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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.
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.'.
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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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