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Pizza restaurant and take away for sale in London Colney Hertfordshire with a 20-year lease

City of London, London
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  • Status

    FOR SALE

  • Advert ID

    648228

  • Leasehold: £79,000 (Stock at valuation)
  • Rent: £25,000 (£2,083 per month)
  • Turnover: £200,000 (£3,846 per week)
  • Profit: On request

Key Features

  • Licences and regulatory compliance
  • Licensed to serve alcohol
  • Licensed for late-night operation
  • Licensed restaurant and takeaway

Business Details

Pizza restaurant and take away

Introducing a brand new pizza shop with a state-of-the-art wood-fired oven, positioned in a prime location that offers excellent visibility and high foot traffic. The business benefits from a generous 20-year lease, ensuring stability for future growth. With a modern interior design and comfortable seating, it's an inviting space for customers looking to dine in. The online presence at pizzaonfire.co.uk adds to its appeal, showcasing a variety of enticing pizza options and special promotions.

The shop is fully equipped with a service counter designed for efficiency, featuring the impressive pizza oven front and centre. It is also strategically positioned near a range of amenities, including shops and restaurants, to attract a diverse customer base. The business has implemented student discounts to appeal to a younger demographic, further enhancing its community reach.

Business Details

Although the pizza shop is newly opened, it has already established itself within the local community. Owned for just six months, the current owner is looking to sell due to other commitments. This sale includes all fixtures and fittings, ensuring that the new owner can continue operations seamlessly without the need for extensive set-up. Currently, there are two employees in place, contributing to the operational efficiency of the business.

Licenses and Opportunities

The pizza shop holds all necessary licenses, including those for serving alcohol and late-night operation, making it a versatile venue for dining and takeaway. With low operating costs and a loyal customer base from local residents, this business boasts a solid operational model, including delivery and collection services. The outdoor seating area provides an additional draw for customers, enhancing their dining experience. With an emphasis on growth potential, the location on a busy road is ideal for attracting walk-in customers.

Training and Support

For prospective buyers, training opportunities will be provided to ensure a smooth transition into ownership. The profitable trading history of the business, along with its operational delivery service and engaged staff, can serve as a strong foundation for continued success. The combination of a renewable lease, goodwill included, and a commitment to engaging new owners provides an excellent opportunity for anyone looking to step into the thriving food industry.

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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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