For Sale

Well-Established Takeaway Business With A Renowned Reputation

Birmingham, West Midlands

£35,000 +SAV

Ref: B05755

Contact sales negotiator

Jessica Aspinall

01204556307

Email Jessica Aspinall

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Description

Hilton Smythe are pleased to have been given the opportunity to manage the sale of Pizza Fellas which is a well-established Pizza takeaway business with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

There has been a takeaway business at these premises for over 15 years and the current owner has run it as Pizza Fellas for the last two years or so during which time the business has flourished accruing an impressive number of regular customers and a burgeoning reputation.

The business is now being sold albeit reluctantly and with a heavy heart only due to the owners wish to pursue a change of direction, he is keen to see his business pass to an ambitious and entrepreneurial new owner who can take it to the next level.

Pizza Fellas offers a comprehensive menu for collection or delivery including:

  • Pizzas.
  • Burgers.
  • Wraps.
  • Donner Kebabs.
  • Grills.
  • Curries.
  • Drinks.
  • Desserts.
The sale will include the company website and the business enjoys good visibility on the internet.

The business has just signed up with Just Eat and Deliveroo and this is will have a significant effect on turnover and profits.

Reasons to Buy:

  • A well-established business with an enviable reputation and many existing customers.
  • There is owner’s accommodation or immediate rental income from the flat above.
  • Prime trading position with little competition locally.
  • Ideal owner managed or partnership business.
  • Current owner happy to offer a handover to ensure the continued success.
  • All fixtures and fittings included making this a real Turnkey business opportunity.
A real opportunity to increase turnover and profits significantly, current owner has been running at a pace to suit.

Hilton Smythe highly advise early viewing to avoid disappointment.

Tenure

Leasehold

We are advised that Pizza Fellas is being sold as a leasehold business opportunity.

The existing lease has approximately 8 years remaining, and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The current rent is £15,600 per annum which is reasonable given the size and location of the premises and the fact that it also includes one bedroom living accommodation.


Hours

Monday to Saturday 12.30 – 22.00

Sunday 12.30 – 18.00


Staff

The business is run and managed by our client with the help of two part time members of staff.


Financial Profile

Pizza Fellas generates an advised current turnover of circa £127,000 per annum. The business has just signed up for Just Eat and Deliveroo and this should have a significant effect on turnover and profits.

Location

Pizza Fellas is in the Erdington area of Birmingham.

Erdington is a suburb and ward of Birmingham that is historically part of Warwickshire. Its postcodes include B23, B24 and B72. It is 5 miles northeast of central Birmingham and borders Sutton Coldfield.

The business is situated in a small but unusually busy and vibrant shopping parade and sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade along with regular custom.

The business is nicely presented and maintained with clear visible signage and distinctive livery. There is free on street parking immediately outside the premises.

Premises

Pizza Fellas occupies a generous, mid terraced retail unit and briefly comprises:

Shop;

Electric roller shutter. Windows and glazed door to front creating a light, airy and inviting interior, nicely fitted out with a pleasing upmarket feel, tiled floor, LED lighting, built in banquette seating with tables, glass fronted drinks chiller, coffee machine, glass fronted serve over counter, bespoke counter with till, card machines and generous wrapping area, glass fronted pies warmer, feature menu boards.

Open plan Kitchen;

With stainless steel preparation tables, Samsung microwave oven, chest freezer, chip scuttle, 2 twin basket fryers, griddle, full extraction system with stainless steel canopy, Archway kebab machine, Buffalo Bain Marie.

Kitchen;

To the rear of the shop is a generous and well equipped catering kitchen with tiled floor and fluorescent lighting, stainless steel preparation tables, Moulinex food processor, microwave oven, 6 burner range cooker, Rotoquip pizza oven, upright freezer, 3 compartment stainless steel fridge, larder fridge, stainless steel hand wash basin, CCTV monitor.

Wash Up Area;

With window to rear, twin stainless-steel sinks with Monobloc and spray taps, wall mounted boiler, freestanding silver shelving unit.

Freezer / Dry Goods Room;

Twin stainless-steel fridge, large chest freezer, small chest freezer, double doors to rear courtyard.

First Floor;

To the first floor is a self-contained one bedroom flat. The flat is currently rented out and achieves a monthly rent of £490.

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