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Leasehold Wimpy Restaurant & Pizza Delivery Franchise For Sale

Chatham, Kent, UK
Asking Price:
£79,950
Turnover:
Available on request
Net Profit:
Available on request

50 COVERS
EXTENSIVE WELL EQUIPPED PREMISES
TURNOVER £7,000 PWK
PRIME LOCATION

LOCATION
These well presented premises occupy a coveted trading location fronting the High Street of this prominent Kent town. The business enjoys an excellent level of passing trade augmented by a high percentage of local trade.

BUSINESS
Well established having been in the present hands for some 6 years and now only being marketed as a result of the vendors other business commitments. Tremendous potential exists for the introduction of Longer opening hours especially evening trade. Deliveries are made through Uber Eats, Deliveroo and Justeat.

TURNOVER
£7,000 PWK @ 65% GP. (£2,000 PWK Restaurant Trade and £5,000 PWK Pizza Deliveries)

STAFF
Totally Staff Run (3 full and 3 part timers) Wages - £2,000 PWK

HOURS
Restaurant - 11.00am to 6.00pm - 7 Days. Pizza Delivery - 4.00pm to 11.00pm - 7 Days

PREMISES
Immaculate mid parade premises with double frontage and single entrance to: Restaurant Area: Laminate flooring, suspended ceiling, air con unit, tastefully decorated, 50 covers at quality furniture, counter with, elect cash register with kitchen printer, CCTV, espresso coffee machine, shake machine, carbonated drinks dispenser. Kitchen: Griddle, 2 fryers, chip scuttle, microwave oven, toaster, extractor canopy, under counter refrigeration, dishwasher, st/stl sink. Sep. Ladies & Gents Customer toilets: First Floor: Pizza Kitchen - with XLT auto Pizza oven, refrigerated toppings unit, under counter refrigeration, extractor canopy, dough mixer, walk in coldroom. OUTSIDE: Yard: 2 parking spaces.

OBSERVATIONS
Note: The pizza franchise is with The Fat Pizza Company and a one off franchise payment of £6,000 will be required along with a 6% of turnover royalty payment.

TENURE
15 years remaining on original 20 year lease. RENT - £26,000 P.A. (5 year reviews - next review 2026)

EPC RATING
Band C

BUSINESS RATES
£9,000 P.A. Payable

Property Information

Property:

Leasehold

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