 | Papa John's Pizza Franchise South London, London, United Kingdom Advert ref: 1053SB FINANCIAL DETAILS | Asking price: £135,000 Sales revenue: £200k < 500k Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Established 18 months ago and offered for sale as owner is planning to open a new central London store. We understand takings are already in excess of £4500 per week and growing. Customer database 5000+. Offered excluding equipment which can be purchased by separate negotiation or if preferred owner will transfer to new store allowing buyer an opportunity to equip brand new. The store is fitted in the latest design of the franchise. Asking price £135,000 + franchise fee £15,000 + equipment
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GENERAL INFORMATION | Years established: 1.5
Employees: Owner plus 4 part time store assistants and 7 part time delivery staff
Trading hours: Sun-Thurs 11.00 a.m. to 11.00 p.m. Fri & Sat 11.00 a.m. to 12.00 a.m. (permiited to open until 1.00 a.m. daily if required)
Property: Leasehold
Lease terms
15 year lease. Annual rent £16,000 which includes self contained 3-bedroom accommodation.
Living accomodation
Self contained 3-bedroom flat presently sub-let under assured shorthold tenancy agreement at £775 per month.
Location
Major thoroughfare with considerable passing trade in an area of high density housing.
Reasons for selling
Other commitments
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The Business Partnership - South East London | | | |
