Pizza Restaurants for sale in London

View the "Very Profitable pizza restaurant with 3 flats for sale in South-East London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £380,000 Weekly Turnover: £13,000
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Business Description
Established and very popular single-fronted 38 seater restaurant and take-away.

Situated on a busy high road, just off the South Circular, 1 minute walk from the Overground and train station. Affluent area popular with professionals and young families.

Property comprises of ground floor, very spacious basement used as storage and 3 self-contained flats.

Wood burning oven, fully fitted prep area and pot wash. 2 cold rooms in the basement.

Currently operating limited opening hours and offering lunch only at weekends. 1 Delivery driver (Thursday to Sunday), Deliveroo and collection.

Fully licensed.

Staff managed with 5 full-time and 3 part-time staff. The wage bill could be greatly reduced with working owners.

ACCOMMODATION:

1 Studio flat with large terrace
1 1-bedroom flat
1 2-bedrooms flat

The combined annual rental revenue from the 3 flats is £34.000, which fully offsets the rent (£31000) and gives a profit of £3000
Trading Hours:
Monday: closed
Tue - Fri: 5 PM - 10 PM
Sat: 12 PM - 10 PM
Sun: 12 PM - 10 PM

Number of Employees: 5-10

Tenure: Leasehold

Support & Training:
Handover period - if required - to be agreed with new owners

Location Details:
High road position in a very desirable area of South East London

Find out more about this business opportunity.

 
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PAX01292403692
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