Business
Please quote reference B07973

CoGoGo are pleased to welcome to the market Forno Rosso, a highly rated, thriving Italian Pizza & Grill business for sale in St. Neots.

Forno Rosso has been in operation for 4 years, where they have built up an excellent reputation and strong, loyal customer base. 

The business now comes to the market due to their Ill Health.

They are a family Run business and they have a passion for creating enjoyable quality dishes. In their kitchen they produce homemade pizza’s and burgers, using fresh ingredients everyday, never failing to impress each customer.

Forno Rosso has a strong online presence, with a fully functional website and app in place to facilitate orders, it also maintains active social media accounts on both Facebook and Instagram. Moreover, the business has established partnerships with the well-known delivery platforms Deliveroo and JustEat. 

Scope to Improve:

• Extend Opening Hours
• Elevate marketing advertisement
• Expand catchment area for delivery

Forno Rosso are well known locally, and as seen by the online ratings and reviews the business is popular:

• ” Just had an absolutely banging pizza from here. Visting from Essex for work and it just made my trip even better. Would definitely eat from here again. Staff very friendly.”
• ” Food is always great here – ordered a burger recently and it was amazing! ingredients very fresh and patty tasty! Service is always impeccable, I’m regular of their takeaway and have never had any issues with their delivery or service.
• ” Fantastic takeaway. Good variety of excellent food. Don’t often use takeaway but usually head for Forno Rosso when I do.”

This is a highly desirable business and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector which is already established or for an experienced operator looking for an additional business with the potential for an attractive income stream.

Location
The prime location of the business makes it an attractive proposition to capitalise on the bustling local area.

Forno Rosso being situated opposite a cinema centre and only a 10-minute walk from the town centre and train station, they also benefits from being well-connected to several major cities. A 40-minute drive from London, 20 minutes from Cambridge, and 15 minutes from Bedford, it truly enjoys an advantageous position. 

Premises
Forno Rosso occupies a single fronted premises on a busy high street in St Neots.

Tenure
This business is being sold on a Leasehold basis with 10 years remaining on a 15 year lease.

The current rent is £17,000 per annum (plus VAT).

Hours
The current trading hours are:

Monday to Sunday – 12:00pm to 9:00pm

There is an option to extend the opening hours.

Staff
The business is run and managed by our client with the help of 7 staff members.

• Chefs
• Drivers
• Part time staff
• Full time staff

Financial Profile
The busines generated a turnover of £286,000. Full financials can be made available upon further request.