Restaurants for sale in City of London

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Growing Pizza Franchise Opportunity

City of London, London, England

  • Leasehold Price: £44,995
  • Turnover: £60,000
  • Gross Profit: £42,000
Seller Reference: B05637
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Business Description
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05637
Request Details
Business Description
Business
Hilton Smythe are privileged to present to the market an exciting and growing Pizza Franchise opportunity in one of London’s most exciting new development areas.

The unit offers both the standard takeaway option as well an area for covered dining for up to 20 guests which includes a further option to increase in the evening.

Fireaway Pizza established itself in London 3 years ago by Mario Aleppo whose aim was to bring authentic Italian pizza to the U.K. by only using fresh toppings, handmade dough and a 400-degree fire oven able to produce the finest pizzas in just 180 seconds!

Since opening its first unit in 2016, they have carefully added 10 franchise sites in London, Surrey and Kent.

There are rave reviews through Google, 5 stars from Yell.com as well a certificate of Excellence from TripAdvisor.

If Gordon Ramsey is a fan which shows the quality of the product being served.

The company currently looks for any investment of £50,000 by any new Franchisee however due to the need for a very quick sale, our client is looking to reduce his selling price to just £42,995! This price will also include a full business handover and all of the franchise equipment installed.

Our client admits due to his other business interests he has not yet pushed the delivery side of the business since opening here, the key to this pizza model is the ability to make and deliver good pizzas quickly and any new owner will be able to triple the current weekly turnover by adding this service instantly.

Any new buyer would also be advised the extend the current opening hours later in the week and further add weekend opening hours as currently closed. Establishing links with many of the local companies for larger orders will also instantly boost sales levels.

The menu is constantly developing and now includes an exciting choice of 8 starters, vegan options, Oreo milkshakes, Nutella pizzas, cannoli, drinks and gelato space rocks.

Our client pays a very attractive monthly franchise fee of just £349 which includes full marketing, advertising and website support. The franchise delivers all the necessary ingredients and can advise on other trusted suppliers for any add on options.

Rarely will a franchise of this standard and exciting area come on to the open market and we therefore any serious buyer to make immediate enquiry to avoid disappointment.

Location
Fireaway Pizza occupies a prominent trading position at the front of Acton Business Centre on School Road, Park Royal in northwest London.

Acton Business Centre is a vibrant multi-let industrial estate containing a variety of light industrial units ranging from 100 sq. ft to 4,000 sq. ft with parking available including smaller studio space in a separate building for smaller business uses and types.

The site is located within minutes of the A40 busy link road as well being just 4 minutes’ walk from North Acton Tube Station in the Central Line.

School Road sits in the centre of major multi million pound redevelopment projects, spearheaded by the future plans for the new HS2 station to be built to link with the Elizabeth Line (formerly known as Crossrail) which will create thousands of new jobs and opportunities for people living in the area. 

New residential buildings will be located within minutes’ walk of this business making the opportunity to purchase now highly sought after and extremely rare as new building start to appear.

The Old Oak and Park Royal Development Corporation is planning a whole new centre of business and community hub never seen before in this part of west London.

There is currently a free limited parking on School Road.

Premises
Covered seating area for approx. 20 diners

Secure Service unit includes -

Glass fronted drinks chiller

Solid wood service counter, 2 x glass fronted fridges, New EPOS till system and card machine, under counter storage and chilled cabinets

Rear prep area and shelving, prep sink, hand wash sink, chest freezer, 10 x pan pizza ingredient chilled unit, pizza prep station, dough mixer, 2 x deck pizza oven (£13k), extraction hood.

CCTV system.

Premises are circa 1278sqm.

Tenure
The business is being sold as a Leasehold with 3 years remaining on a 5-year lease term paying just £12,000 per year, the rental figure also includes the buses rates.

Hours
Currently run to suit -

MONDAY TO FRIDAY - 11am - 6pm only.

Staff
The business is run and managed by our client and 1 x pizza chef only.

Financial Profile
The business currently averages at £1,000 per week from limited hours and walk in trade or telephone orders only. Gross profit of £42,000.

Tenure:
Leasehold
Listed by:
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