FOR SALE
08/04/21
274916
C 979 / Rightbiz
This well established business is for sale for the first time in many years and is only offered due to the owner wishing to spend more time with his family. The business, which is located on the east side of York, enjoys an excellent location in a densely populated residential area quite close to York University therefore the area is very popular with students as well as residents.
The premises are spacious and fully equipped with a vast range of catering equipment all of which is included in the very realistic asking price. Like many takeaways the business has been open during the pandemic and has had a busy year with sales derived from several sources including repeat business from regular customers and Buffalo’s own web site. More recently a growing emphasis has been placed on promoting the business via an app which has resulted in a further boost to profits.
Viewing of this excellent business is highly recommended.
ACCOMMODATION ( note, all dimensions are approximate )
Sales / preparation areas 54 sq m, having twin arched features separating the sales area from the preparation and kitchen areas but leaving an attractive open plan layout. Equipment includes a walk in cold store, refrigerated display counter, EPOS system, Blodgett gas pizza oven, dough roller, Archway kebab machine, 4 pan bain marie, griddle, electric deep fat fryer and a double gas fired deep fat fryer, stainless steel salad and prep fridges, chip warmer, Kuroma chicken fryer, chest freezer, tall freezer, Lincat heated display unit.
A rear preparation area houses a twin bowl stainless steel sink, dough mixer, Buffalo salad prep.
Further store room with chest freezer and shelving.
Separate staff wc and wash basin.
RATES
The premises are shown on the Valuation Office Rating web site as having a RV of £8800. Under current arrangements for small businesses, no rates should be payable however interested parties should check this information prior to proceeding.
LEASE
A new lease is available on effective full repairing terms for a length to be agreed at a commencing rent of £1000 per month. All other terms to be agreed.
BUSINESS
Full accounts information will be available to genuinely interested parties after having viewed the business. Turnover is extremely impressive with substantial net profits being shown.
EPC
The property has an EPC rating of TBC
COSTS
The purchaser will be required to pay a contribution of £450 vat towards the landlords legal costs involved in preparing the lease.
PRICE
We are seeking offers around £74500 for this excellent business to include all equipment .
VAT.
All prices and rents are deemed to be exclusive of any VAT which may apply
IMPORTANT
Where staff are employed in a business, it is possible that they are unaware of any impending sale,therefore it is essential that all viewings are arranged through us and no direct approaches should be made under any circumstances. Buyers will be required to provide details of their identity ( passport / driving license and two utility bills) and proof of funding ( bank statements / mortgage offer ).
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'REDUCED !! Very Profitable Pizza Takeaway For Sale in York - C 979 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.