Business Summary

Summary

Asking price:£ 150,000

Sales revenue: £250,000

Net profit: Undisclosed

Employees: 2 full and 6 part timers

Business Description

40 COVER PIZZERIA AND 60 COVER RESTAURANT – UNOPPOSED

BUSINESS – This is a well established concern which has been in the present hands for 3 years and which is now only being marketed as a result of the Vendors other business opportunities. Tremendous potential exists for the introduction of Lunch trade, weddings and functions.

TURNOVER – £250,000 P.A. at 65% G.P.

Property Information

Property: Leasehold

Lease terms: 3 years remaining on current lease – extension available RENT - £15,360 P.A. (3 year reviews)

Location: These superbly presented premises occupy a prominent trading position forming part of a comprehensive parade fronting a busy street in the center of this charming Village located some 6 miles from Chichester. Close by is a popular beach and there is a significant influx of tourists in Summer months. The business serves a well populated, affluent residential area which provides regular all year round trade.

Energy Performance Rating:D

Other Information

Trading hours: 5.00pm to 10.00pm – 7 Days (Summer) and Weds – Sat (Winter)

Fixtures value: Undisclosed

Stock value: Undisclosed

Property Details