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Leasehold Pizza Franchise In London For Sale

Eltham, London, UK
Asking Price:
£100,000
Turnover:
£260,000
Net Profit:
On request

This immaculate well presented Franchise concern has been established in this location for some 3 years having been in the current vendors hands for the past two. The business is part of a very successful brand which has expanded across the country over the past 9 years and now operates from numerous locations globally selling authentic oven baked pizzas along with pasta dishes and other popular Italian dishes.

The business uses the delivery firms Just Eat, Deliveroo and Uber Eats.

TURNOVER
The business has accounts to show sales of £250,000 pa @ 60% GP.
The vendor pays the franchise £500 + VAT per month. Please note that approx. 60% of the turnover is delivery.

STAFF
Vendor + 2 full time + 1 part time.

HOURS
11.00am - 11.00pm Mon to Wed
11.00-3.00am Thurs to Sat

PREMISES
Modern premises with double frontage and single entrance to Restaurant Area: tiled flooring, Servery counter with built in bain marie/salad servery and display units, cash register, TV menu displays over, Drinks display cabinet, seating for 8, air conditioning, security cameras. Kitchen to rear fully fitted with pizza oven and full inventory of commercial equipment. Staff WC with hand wash basin. Rear access.

Separate kitchen area at the back which can be used to run a catering business, area is fully equipped with a newly built ventilation system.

Property Information

Property:

Leasehold

Lease Terms:

10 years

Leasehold Rent:

£22,000 per annum

Location:

Prime area in Eltham near Eltham high street.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

With marketing investment we project business performance can increase by 30%

Competition / Market:

In the area there are simular competiors such as Domino's, Pizza Hut, and Papa Johns

Reasons for selling:

downsizing portfolio

Employees:
2 full time and 1 part time
Years established:
2023

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Relocatable:
This business can be relocated