£0 £1000000
£0 £1000000

Archived

Popular Artisan Pizza Takeaway/Restaurant For Sale

Nottingham, Nottinghamshire

  • Asking Price: £44,995 +SAV
  • Turnover: We are advised the business generated a tunover of circa £50-100,000 as of 2021, further financial information can be made available upon request.

    Please quote reference B06645

  • Tenure: Leasehold

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Please quote reference B06645

Hilton Smythe is excited to present to the market a new and confident Neapolitan Pizza Brand, recently voted as the best pizza in Nottingham!

Canotto pizza is a vibrant, quality driven, artizan pizza business which is proud to offer the only pizza made with true neapolitan passion!

The exciting business opportunity is now only being offered for sale at this early stage due to the family/work commitments of its creator who can only commit to opening 3 evenings of the week.

We are advised a full business handover including training on how to make the artisan pizzas will be offered.

As you can see from the business photographs attached, our client has invested as much passion into creating an eye -catching brand appearance to the quality of the pizza menu.

The new opportunity is currently run on a very part time basis and any new owner will be able to capitalise on the early hard work input, to allow easy and significant growth in 2022.

As the students return to the city centre and the weather becomes warmer, the new 32 cover terrace area will become extremely popular.

The current menu includes -

  • Choice of 6 12” neapolitan pizzas
  • Garlic bread
  • Soft drinks
  • Frappes
  • Big Mike Artisan Cheesecakes
What makes their pizzas different?

  • Hand stretched bases - using 48-hour slow rise dough (made using Petra Vida Flour)
  • The finest ingredients used
  • Cooked in just 90 seconds at 500 degrees
Further menu potential -

  • Increase the pizza options
  • Add alcohol drinks
  • Add barista coffees
As the business is currently being run to suit, there has been no advertising or promotion activities carried out, all sales are achieved by word of mouth only.

There is currently a very limited delivery side to the business due to the short opening hours.

Key Selling Points -

  • Only open 3 x evenings of the week
  • 5 Star Google reviews
  • £30,000 investment made
  • Best pizza in Nottingham
  • Excellent rental terms for location
  • Nil Business rates payable
  • Lots of instant growth potential
  • 5 Star hygiene rating
  • Eye catching red coloured signage/brand
  • Full business handover & pizza making training offered
  • Opportunity to franchise to other locations
  • Commercial refuse collection included in lease
Included in the sale:

  • 4 x Effeuno Italian Pizza Ovens
  • 1 x 65ltr Fimar Dough Mixer (150 dough ball capacity)
  • 1 x Granite Pizza Prep Fridge (3 door full trays)
  • 1 x Stainless steel under counter fridge (3 door)
  • 20 x Pizza Tray Boxes and Trolly
  • 1 x Double Glass Display Fridge
  • 1 x Double Stainless Sink Unit
  • 1 x Blendtec Connoisseur Blender (Frappe, Milkshake etc)
  • Lots of GI accessories including paddles etc
  • 1 x Commercial digital scales
  • 1 x neon sign
  • 32 x white outdoor chairs
  • 8 x wooden strong commercial folding tables
  • 2 x 4m square commercial parasols with LED lighting
  • 1 x iPad and Square terminal
  • 1 x Deliveroo Unit
  • 1 x Just Eat Unit
  • 1 x UberEats Unit
  • 1 x BT Wi-Fi and 5G Units
  • Window scaffold window unit
  • Commercial metal shelving for pizza boxes
         Combined investment -  £25-30,000

Very rarely to brands offering so much growth potential at this accessible price point come on to the open market and we strongly advise early enquiry to avoid disappointment.

The business is run and managed by 2 part time staff members.

The business trading hours are as followed:

Monday to Wednesday - Closed

Thursday - 16:30pm - 21:30pm

Friday & Saturday - 12:00pm - 21:30pm

Sunday - Closed

Canotto Pizza occupies a highly sought-after trading position within the heart of Nottingham's city centre.

The Canotto Pizza unit sits at street level under the TK MAXX store and is surrounded by other major destination brands such as John Lewis, The Gym Group (directly facing) and Cineworld.

The modern unit is part of the Trinity Square retail/ leisure complex and enjoys close proximity to the larger Victoria Shopping Centre.

There are currently 700 students living the accommodation above the unit which is due to increase by a further 1,000 as a new student development is about to be finished (Nottingham Trent University and campus is located directly behind).

The unit enjoys high footfall both throughout the day from shoppers and local residents as well those visiting the area in the evening for drinks and food.

Nottingham is a thriving city in the Midlands, their university is listed as one of the UK’s top 20 and 8th in the UK for research power.

There are two large car parks within walking distance and the mainline train station is approx 10 minutes’ walk away.

Front external -

  • New pavement terrace area for 32 people
  • Newly fitted takeaway unit
  • Separate storage unit

Tenure
We are advised the business is being sold on a Leasehold basis with 5 years remaining on the Lease, the rent is £1047 per month.

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