Pizza Restaurants for sale

View the "Renowned Pizza Restaurant - North London (Zone 2)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Renowned Pizza Restaurant - North London (Zone 2)

  • Price: £600,000
Seller Reference: 08671-851961
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Business Description
 
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Seller Reference: 08671-851961
Request Details
Business Description
FOR SALE – asking price £600,000

Imagine yourself as the owner of this unique business:

• Based in North London (N16)
• Authentic traditional Neapolitan pizza
• Regularly appears in national surveys
• Global recognition
• Bright space with a warm & friendly atmosphere
• Very high standards
• Annual turnover over £700k
• 50 covers
• Highly trained and experienced staff

This is a highly rated, well run and successful business that has created and maintained a strong brand reputation over the years. The restaurant, located on a very busy high street in North London (N16), is without a doubt one of the key players in the authentic Neapolitan pizza scene of London. It has been recognised as one of the best pizza spots in Europe.

The premises include a large ground floor where the main dining room and kitchen are located, a first floor with tables to accommodate more people and a small back garden available for bookings of small groups.

The lease agreement, which is within the Act, is renewable at the end of term, in 2027.

Revenues exceed £ 700k per annum with Gross Profit margins at c. 80% and very high levels of discretionary earnings.

The owner has decided to sell the business to focus on different opportunities.

Further information is available under a confidentiality agreement.
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