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Hot Food Takeaway Business In Bacup For Sale

Bacup, Lancashire
Asking Price:
£19,950
Turnover:
£156,000
Net Profit:
Not applicable

This well established business has been owned by our client since 2011 and is only for sale today due to a change in our clients’ trade. The business achieves its current level of turnover, whilst offering further potential for an enthusiastic owner operator to increase the takings, by way of, for example, introducing both lunch time openings and later closing times. Pizza King has already gained an excellent reputation within the area, achieving a 4.5 star rating on .

Property information

Property:

Leasehold

Lease Terms:

21 year lease from July 2012, with 3 yearly rent reviews

Leasehold Rent:

£9,516 per annum

Location:

This business is ideally located in the middle of a busy parade in the town centre, surrounded by shops, other businesses a good amount of industry, pubs and a large residential area. The business also benefits from high levels of passing trade.

Premises Details:

The premise provides waiting/ordering area, large service counter, open plan kitchen providing large charcoal grill, kebab spit, 4 pot Bayne Marie, chilled preparation bench, large double deck pizza oven, cold storage, storage, washing up room and exit to bin area. The 1st floor provides store area, large store room and WC facilities.

Energy Performance Rating:
E  View EPC Graph for this property

Business Operation

Competition / Market:

• Taking £3,000 per week
• 60% deliveries
• Town centre
• Surrounded by shops, other businesses and a good amount of industry
• Surrounded by large residential area
• Huge scope for lunch time openings and later closings
• Rent £183 per week
• Hours of Opening 4:00pm – 12:00midnight Sunday to Thursday & 4:00pm – 12:00midnight Friday & Saturday
• 21 year lease from July 2012, with 3 yearly rent reviews

Trading hours:

4:00pm – 12:00midnight Sunday to Thursday & 4:00pm – 12:00midnight Friday & Saturday

Other Information

Related Documents:

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