business for sale

Pizza Delivery Company

Businesses for Sale

Sale Memorandum

Pizza Delivery Company


Ref.AF066

Location Essex

Asking Price £ 165,000

Confidential offered for sale

Asking price includes:

Sales of circa £260,000 per annum
Established client/customer base
Computer administration system
Excellent supplier partnerships
Superb opportunity to grow
Sales growing year on year key
Complete Turn Operation
All fixtures and fittings
Training and handover
Enviable reputation
Good profit margins
Excellent premises
Security System
Great location
Advertising
Goodwill
Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA

Business profile:

The company has been established for four years and trades from a fantastic high street location. The business prepares and delivers fresh pizzas, breads and side orders straight to customer’s doors – free of charge.

The business is a well-known reliable name within the community, and is renowned for it’s choice of products, flexibility in baking to order and quality.

Equipment:

State of the art ovens and prep machines are used to prepare and bake the pizzas.

Customer Service:

The business considers simply that happy customers come back and on that simple basis has maintained levels of product and service quality intended to best guarantee that happiness. The results of this commitment are evident in the degree of return custom and the reach of its reputation.

Key Strengths:

The business is well established with a strong, growing customer base managed by a comprehensive and sophisticated blend of management expertise and technology. The business retains a high level of repeat business, particularly among a number of customers returning on a regular basis and having done so for many years.

The company has earned an outstanding reputation for its food quality, service, reliability, value for money and experienced staff.

Growth and Expansion:

The current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.

Key Opportunities:

This is an outstanding opportunity to build on the existing business services and customer base of this company. With a strong demand for its combination of good location, food quality, menu and together with a capacity to increase turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform.
Premises:

The premises are fantastically located in the centre of a thriving town. If is superbly located to benefit from the fall of passing traffic and has a car park for customers to collect their order. The property is leasehold on a ten-year lease with seven years remaining. The annual rent is £22,000 with rates at an additional £7,000 per annum.

Business Hours:

Monday – Friday and Sunday’s 12 pm – 12 am. Saturday’s 12pm – 1 am.

Security:

An alarm secures the building with the added protection of CCTV in the high street in operation 24 hours a day.
Advertising and Marketing:

A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation. However, the company is consistent with their leaflet drops, delivering over 36,000 leaflets every quarter.
Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable with low overheads, positive cash flow, and has shown consistent growth over 4 years trading.
Turnover is circa £260,000 per annum with a £5,000 weekly turnover.
Employees:

Two Part time employees support the current vendor in the day to day running of this business.
Support and Training:

Full support, training and a hand over will be offered to the successful purchaser.
Reason for Sale:

The current vendor is selling the business due to family commitments
Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Next steps

If you are interested in finding out more about this business please:

  1. Click here to generate the Confidentiality agreement with your details
  2. Print the confidentiality agreement
  3. Sign the confidentiality agreement and fax each page of the document to 0870 432 3611
  4. We will contact you and put you in touch with the seller of the business.

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