For Sale
Well Established Takeaway For Sale
Bathgate , West Lothian
- Asking Price: £125,000 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £215,000 as of 2021, further financial information can be made available upon request.
Please quote reference B06580
- Tenure: Freehold
Please quote reference B06580
Hilton Smythe are delighted to welcome to the market on a freehold basis, an extremely popular and well performing pizza take away business.
Taste Pizza has been under the careful and meticulous ownership of our clients for the last 7 years, and who have taken the business from strength to strength with a flourishing reputation for quality. The business has only now come to the open market as our clients are looking to relocate and wish to see the business pass to someone with the same enthusiasm to take the business to the next level.
Taste Pizza is renowned for serving authentic woodfired pizzas, where all the ingredients are freshly prepared, including the pizza dough. They also sell chips and fried starters as popcorn chicken, chicken nuggets and pastas. The pizzas come in many sizes, traditional 10" and 12", and also 18”- and one-meter pizza. They also sell dessert as well, tiramisu, fudge cakes and S. Luca ice creams from Musselburgh.
We feel there is scope to increase the already impressive turnover for the business, with the undertaking of a robust marketing campaign via local press, radio, social media along with further promotion of the business website, along with the introduction of further online delivery platforms and additional opening hours as the business is currently closed Monday and Tuesday.
The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
All fixtures and fittings and catering equipment will be included in the sale of the business.
A tremendous opportunity to own this turnkey business, and early viewings are highly recommended to avoid disappointment.
The business is run and managed by 2 full time and 2 part time staff members.
The business trading hours are as followed:
Monday & Tuesday - Closed
Wednesday to Sunday - 16:00pm - 21:00pm
The business is located on the main road that runs through the popular West Lothian town of Whitburn, ideally positioned within a parade of similar type premises that leads to a good level of footfall and passing trade.
Whitburn is a town situated between Glasgow and Edinburgh and is close to the M8 motorway network, making this a popular commuter base for both cities. The town itself, is well serviced in terms of local amenities with a selection of local shopping and banking facilities along with primary and secondary schooling and excellent transport links.
The business is located in a purpose-built commercial property in a parade of similar units and briefly comprises, main entrance into shop with service counter and seating for waiting customers, behind the counter is the main pizza preparation and cooking area, with the business having invested heavily in a “feature” traditional wood fired pizza oven. To the rear of the property is further storage, food preparation and refrigerated storage areas.
The premises have undergone a programme of investment under the current ownership, leaving a new owner very little in the way of further investment.
Tenure
We are advised the business is being sold on a Leasehold basis, the rent will be £12,000 per annum. A new lease for 5 years is to be negotiated.
Leasehold option available.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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