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Trendy Pizza Restaurant In The City Of London For Sale

London, UK
Asking Price:
£110,000
Turnover:
Available on request
Net Profit:
Available on request

Description Imagine yourself as the owner of this unique business:
• Based in the City of London (EC1)
• Strong and loyal customer base
• Bright space with a warm & friendly atmosphere
• High quality pizza
• Annual turnover of £235k
• 30/40 covers
• High online rating

FOR SALE – asking price £110,000

This is a highly rated, well run and successful business that has created a strong brand reputation in the area over the last 20 years. The restaurant, located on the corner of two very busy streets in the heart of the City of London, has been a favourite lunch-time destination for the office workers in the area.

The businesses extensive customer base is, in fact, represented by big corporations and includes accountancy firms, legal practices, financial institutions etc… who like to enjoy the genuine Roman style pizza.

The premises are very large and include a ground floor with a long display/serving counter for food, as well as customer seating and a spacious basement with a dining room – each floor has its own toilet. There are two fully fitted kitchens - one upstairs, with an electric pizza oven, and one in the basement.

The lease agreement, which is within the Act, is renewable at the end of term and runs until 2023.

Revenues exceed £234k per annum with Gross Profit margins at c. 80%.
The owner has decided to sell the business to focus on other business interests.

Contact Mark Devonshire at TBA - London City Group Limited
[email protected]/ Mobile 07972 634 187

Business Operation

Reasons for selling:

other opportunities

Contact Transworld Business Brokers UK

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