South London Pizza Chicken Burger & Kebab Takeaway For Sale

Business description

Pizza, Fried Chicken, Burger & Kebab Takeaway and Delivery Outlet

Now run as an independent outlet – but originally opened as part of a highly successful franchise concept, this is an excellent opportunity to acquire an established takeaway and delivery business - one of the largest and fastest growing areas of the food market. Established in 1995, in an ideal location on the A203 just outside the Congestion zone in South London and under the stewardship of the current Owner for the past two years, this is one of the best performing outlets of its kind within its area.
This business produces superior quality, traditional pizza, chicken, kebabs and burgers using only the highest quality, fresh ingredients. It is particularly renowned for its range of pizzas – made to a unique recipe, reflecting the food’s traditional Italian heritage. Positioned in very well suited premises in an excellent secondary retail location this business prepares and delivers its wide range of wholesome food – free of charge for orders of £10 or more, within selected SE and SW postcodes. Approximately 70% of the turnover of the business is delivery with the remainder resulting from ‘walk-in’ traffic from the high volume of student accommodation and hotel guests located within the immediate vicinity of the premises.
Having formerly been part of a leading franchised group, this business benefits from technology that wouldn’t normally be available in an ordinary independent outlet and which ensures every effort is made to offer the very best service possible. The store is equipped with all the kitchen equipment that is required to produce the perfect pizza, chicken and kebabs and also includes a state of the art EPOS system to maximise the efficiency of the store, the scheduling of deliveries as well as providing detailed management reports and essential sales and marketing data.
Easy to run, this represents an excellent opportunity to acquire a well established food and takeaway business specialising in pizza, chicken and kebabs with all the features and benefits of a former franchised outlet. With annual turnover of between £275,000 to £300,000 generating excellent gross margins of approximately 70% and profits available to the Owner of the business of approximately £75,000 this represents an excellent acquisition opportunity for anyone looking to enter the takeaway and delivery food sector or for an established operator looking to extend their penetration of this highly lucrative marketplace.


Key strengths:
This business is well established with a strong, growing customer base managed by a comprehensive and sophisticated blend of management expertise and technology. The state-of-the-art technology utilised by this business ensures low operating costs whilst providing high quality sales and operations data enabling a high degree of control over business performance. The business retains a high level of repeat business, drawn by its outstanding reputation for food quality, service, reliability and value for money, particularly among a number of customers returning on a regular basis and having done so throughout its several years of operation. Working to a very well tried and tested formula the business is particularly renowned for its high quality pizza menu and kebabs – all carefully prepared and cooked to a very high standard by the highly skilled staff.
This business is ideally situated in a secondary retail position surrounded by high volumes of local residents including a growing student population and hotels on a major thoroughfare into the West End of London. This keeps overheads to a minimum whilst maximising the geographical areas it can reach within a reasonable delivery time. A predominantly cash based business, cash flow is excellent.
Key opportunities:
With a strong demand for its extensive menu and capacity to increase turnover, a new owner contributing fresh ideas, enthusiasm and outside influence will build on an excellent base.
The key to the success of this business is a clear understanding of the local marketplace and micro-management. Identifying geographical areas within its delivery area where awareness of the business is not as high as it could be and developing marketing plans accordingly would undoubtedly have a significant impact on turnover and profitability. As would the further development of the website to take orders on-line.
With an A3 licence already in place and significant room for expansion – all of the ground floor cooking facilities could be transferred to the basement, there is also the possibility of converting what is currently a takeaway and delivery business into a fully fledged and successful restaurant, located as it is on a major thoroughfare and in an area gaining an increasing reputation for its restaurants and wine bars.

Financial Information:
The business is offered for sale as a going concern. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Annual turnover is between £275,000 and £300,000 generating very healthy gross margins and profits available to the Owner of approximately £75,000 per annum.
The Asking Price of £130,000 is for a sale of the assets and goodwill in the business.

Property information

Property:

Leasehold

Lease terms:

The premises are leasehold with approximately 13 years remaining on the current agreement. Rent is currently £13,500 per annum and Rates are £3,800 per annum.

Location:

This business operates across the Ground Floor and basement of well maintained premises with the Ground Floor given over primarily to retail, the Kitchen, a cold room and some storage with the basement dedicated to food preparation and additional storage. The premises are leasehold with approximately 13 years remaining on the current agreement. Rent is currently £13,500 per annum and Rates are £3,800 per annum.
The premises are ideally located on a major road in to the West End of London, offering easy access to all of the business’s current areas for delivery.

Other information

Competition / Market:

Prominently located on a major thoroughfare, the A203 in to the West End of London the business enjoys high levels of awareness from the huge volumes of traffic passing its doors every day. Having originally been a franchised outlet and with the current Owner having worked in the business for a period of time prior to acquiring it himself, the business has developed a wide range of proven marketing campaigns – mainly based around local door-to-door leaflet distributions The business also has a very well designed and informative website that performs very well in all the major search engines for all appropriate search terms and participates in the highly successful takeaway ‘consolidation’ programmes operating in the South London area including Hungry House and Just Eat. Above all the business benefits from the most cost effective form of marketing however – strong word of mouth recommendation, testimony to the high quality of food, value for money and excellent service the business provides.

Support & training:

The owner will be pleased to assist with a limited period of handover, however, this is a turnkey business, with a relatively short learning curve for any new owner, particularly with the current staff in place.

Reasons for selling:

The current Owner wishes to emigrate.

Trading hours:

The business currently opens seven days per week; from Sunday to Thursday from 11.00 am until 1.00 am and on Fridays and Saturdays from 11.00 am until 2.00 am.