Restaurant for sale

Green Lane, Coventry CV3

Leasehold Pizza Takeaway Franchise Located In Finham, Coventry
Fully Fitted & Newly Refurbished
Ample Off Road Parking
Unopposed
Licensed
Ref 3231

Asking Price £99,950 plus sav (£4,500)

Location
This respected Pizza Takeaway Franchise in located in the desirable suburb of Finham, Coventry. Situated within a prominent and highly visible trading position on a busy parade of shops. Finham is an affluent residential area with great schooling and sits (2.5 miles) south of Coventry city centre and is close to the A45 & A46 which gives you quick access to Kenilworth, Warwick and Leamington Spa. Area.

Business Description
Veritas Business Sales are privileged to offer to the market this delightful Pizza Takeaway Franchise which is located in Finham, Coventry. The takeaway was established by our client 5 years ago and he is reluctantly offering the business for sale due to unforeseen ill health.
Since ownership they have refurbished, redecorated and installed brand-new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Fireaway Pizza is owner operated with the help of 2 part time member of staff and has an average weekly turnover of £3,500-£4,000. Approximately 65% is delivery with the remaining 35% deriving from instore sales. The menu offers pizzas, pastas, sides, salads, deserts milkshakes and soft drinks.
We believe that there is further potential to increase turnover by increasing the current opening times, and conducting your own deliveries instead of the delivery portals. There are 4,500 new houses being built nearby which will enhance turnover. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established turnkey business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday - Friday - 12:00 - 14:00 - 16:30 - 21:30
Saturday & Sunday - 16:30 - 21:30

Leasehold
Term: 10 years
Remaining: 5 years
Rent: £14,400 pa
Reviewed Jan 2027 increasing to £18,000 for the remainder of the term
Rates: Zero

Ground Floor
Takeaway comprising: Upright drinks fridge (Blizzard), upright drinks fridge (Coca-Cola), customer waiting area with seating for (5), high table for delivery collections, 4 x digital menu boards, serve over sales counter, epos till, red bull counter-top drinks fridge, 2 x saladettes, marble top pizza prep with three door under counter fridge (Atosa), stainless steel worktop with three door under counter fridge (Atosa), 2 x wall mounted shelves, wash basin, insect zapper, upright drinks fridge (Coca-Cola), 8 x pizza delivery warming bags, 2 x wall mounted shelves for pizza box storage and gas stone baked pizza oven (Pavesi).
Storeroom comprising: Storage shelving, 2 door upright fridge (Prodis), 2 door upright stainless steel fridge (Atosa), chest freezer, stainless steel table with can opener, 2 x domestic microwaves, chest freezer, saladette with 3 door undercounter fridge (Adexa), dual stainless steel sink drainer, wall mounted soap dispenser, wall mounted paper towel dispenser, stainless steel table with 2 x shelves, first aid kit, upright fridge (Blizzard), upright freezer (Servis), dough mixer, chest freezer(Blizzard) 3 x storage units, meat slicer, insect zapper, CCTV monitor, rear exit door, side exit door for deliveries with electric roller shutters.
Staff W/C with wash basin and wall mounted paper towel dispenser.
The premises benefits from CCTV (6 camera system)

External
Rear bin area. Rear parking for (2). Frontage with off road parking for (3).