Business for sale

Business description

Our client has an ideal location on a parade of complimentary shops on a very busy main through road of an affluent town in Oxfordshire.

Local businesses include: supermarket, estate agents, bank, library, show shop, barbers, cycles, hairdresser and many more, who all contribute in bringing large volumes of both passing traffic and footfall to the area.

There is a very large free of charge car park to the rear of the shop.

Nearby towns include Witney, Burford and Lechlade.

THE BUSINESS
Advent Business Sales are delighted to have been instructed to offer to the market this extremely well established and profitable pizzeria takeaway and delivery business.

Established over 20 years ago and in the hands of our client for 5½ years, it is only now being reluctantly offered for sale as he wishes to retire.

Although almost exclusively a pizzeria, the business does offer a range of side orders and starters including:
• Garlic bread
• Chicken nuggets
• Fries
• BBQ ribs
• Side salads
• Soft drinks
• Desserts

The business has a free delivery service within a 4 mile radius of the shop.

The takeaway is fully equipped for purpose and includes:
• 2 double pizza ovens
• 2 microwaves
• double fryer
• 3 chest freezers & 1 upright fridge
• Twin upright stainless steel fridge
• Range of stainless steel work tables
• Stainless steel extraction unit with 5 point canopy
• Stainless steel splash back around cooking area
• A 2 door soft drinks chiller
• A 42” plasma TV, which is currently leased.

The business employs six full time members of staff including the vendor, two of which are drivers.

The next nearest pizzeria is approximately 8 miles away.

We are advised that stock at cost is approximately £2,000.
REF: 8987OX

TRADING HOURS
Mon-Sun: 5pm – 11pm
EXPANSION POTENTIAL
Whilst our client clearly has a very successful business, there is still huge scope to increase both sales and profits further by:
1. Opening at lunch times, especially at the weekends
2. They have permission to place 4 serving tables outside the front of the shop to allow al fresco dining on the very wide pavement
3. Have tables inside the shop in the large waiting area
4. Offer hot drinks as well as cold
5. Offer other popular side dishes such as burgers, kebabs, chicken
6. Apply for an alcohol licence, as this could be delivered along with the takeaway.

FINANCIAL INFORMATION
We have been advised by the vendor of the following:

Weekly sales: £5,000
Gross Profit: TBA

Accounts will be made available to interested parties after a viewing has taken place.

Please let us know if you require finance for the purchase of a business.

BUSINESS PREMISES
A bright, modern single storey building, which is extremely well presented

throughout. A new purchaser can simply come in and take over straight away.

Side entry door into the large waiting area with 7 chairs, 42” plasma wall hung TV

Wide serving counter with open view kitchen to the rear.

Side door from waiting area into kitchen with pizza ovens to the rear and extraction unit over


Range of fridges and freezers around the external walls

Kitchen side door to storage area, wash area and w/c

Back access to storage yard

The kitchen is fully tiled, floor to ceiling and the whole pizzeria benefits from having attractive floor tiles.

TENURE: Leasehold
Original lease: 8 years
Remaining lease: 7.5 years
Review every: 4 years
Rent: £11,520 P.A.

We are advised that the annual business rates are currently: £3,450

VIEWING

Please DO NOT approach the business or its employees without a prior appointment.
All appointments are to be made via our office.