Pizza Restaurants for sale in London

View the "Fulham Gourmet Italian Restaurant & Pizzeria + Delivery Business" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (March 2017)
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Leasehold Price: £325,000
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Business Description
o Thriving Italian restaurant in dynamic Fulham, West London

o Double-fronted with space for 60-70 covers

o Outdoor Terrace and retractable windows allow an open-air effect in nice weather

o Famous for artisanal pizza with Fornitalia Diamante brick pizza oven

o Very active delivery business comprises 50% of turnover:
• Average 300 deliveries per week; 90 in a single day in May
• Top-ranked on Deliveroo, Amazon, and Uber Eats, by their algorithmic ranking systems, meaning the restaurant is at the top of search results
• Licensed for highly profitable alcohol and tobacco delivery as well as food
• Rear service entrance facilitates delivery

o Expansion plan in place to activate satellite kitchens for additional delivery business, with sites already identified

o For sale due to owner’s health issues

Due to the owners’ retirement with unexpected health issues, this thriving and widely acclaimed Fulham Italian restaurant and pizzeria is for sale, with Transworld as exclusive agent. The restaurant is very profitable, with 50% of custom from loyal neighbourhood customers in the high income Fulham area, and 50% (and growing) from a very active delivery business. The restaurant has a high-tech and high capacity kitchen to facilitate both current business and the considerable expansion plans in the delivery business, where the owner has plans in place (and sites identified) to open satellite kitchens servicing a much wider area. The restaurant is licensed to deliver not only food, but alcohol and tobacco as well, which significantly adds to profitability. The business also has a growing catering business, with a major London bank alone accounting for at least one event for 80+ per month. This is an outstanding business opportunity for an ambitious business person to take over an already thriving business, and continue the robust business plan which will lead to substantial growth in profitability.

Prospective buyers are encouraged to contact Bo Scott at Transworld as soon as possible on 07452 960 217, or by email to BScott@Tworld.com.
Tenure: Leasehold

Support & Training: 4 weeks

Website:

Listed by: Transworld Business Advisors
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66661-83748
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