Business for sale

Business description

Location this business is located in devon.

Turnover we are informed the turnover averages £4,000 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx. We understand the purchase of this business will require entering into a franchise agreement with a fee payable to the company of £7,500 plus a royalty charge of 9% net of turnover.

Price to include the secure lease, goodwill, fixtures & fittings £89,500 plus stock at valuation
substantial loan to an approved applicant

features customer's car parking in front of parade for 6 cars.

Single fronted medium sized premises, well equipped including industrial non-slip floor, suspended ceiling with spotlighting. The equipment includes large counter, 1 till with epos system plus computer (on lease), ben & jerrys ice-cream deep freeze.

Open plan kitchen area, fully equipped including 2-deck pizza oven, stainless steel extractor canopy, hot bag system, double sink and drainer and separate wash hand basin, walk-in coldroom, walk-in deep freeze etc.

* Staff toilet with w.c. And wash hand basin.

Staff the business is at present operated by the manager and an additional 5 part time staff employed. We are informed the wage bill averages £800 per week approx. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening hours 7 day week
monday - thursday 4.30 pm - 11 pm
friday - saturday 12.00 - midnight
sunday noon - 11 pm

outside rear yard

We understand the premises are held on a secure under-lease, having approx. 9 Years unexpired at a rental of £12,000 p.a. For the next 1 year, with rent review at that time and thereafter every 4 years.

Uniform business rates: £1,200 p.a. Approx.


Reference : r8631