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High-Traffic Italian Halal Pasta Takeaway in Birmingham City Centre for Sale

Birmingham, West Midlands
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Italian Pasta Takeaway Located in Birmingham City Centre Photo 1
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Italian Pasta Takeaway Located in Birmingham City CentreItalian Pasta Takeaway Located in Birmingham City CentreItalian Pasta Takeaway Located in Birmingham City CentreItalian Pasta Takeaway Located in Birmingham City CentreItalian Pasta Takeaway Located in Birmingham City CentreItalian Pasta Takeaway Located in Birmingham City CentreItalian Pasta Takeaway Located in Birmingham City Centre
  • Status

    FOR SALE

  • Date Submitted:

    27/07/23

  • Advert ID

    517215

  • Reference

    11254 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £159,950 (Stock at valuation)
  • Rent: £33,000
  • Turnover: £338,000 (£6,500 Per week)
  • Net Profit: On request

Key Features

  • Established Business
  • Fully Fitted
  • High Turnover
  • Attractive Business
  • Offers Invited

Business Details

Italian Pasta Takeaway Located in Birmingham City Centre

The takeaway has been established since 1996 and operates from a super location in Birmingham City centre opposite New St Station with a very high footfall. Gross takings average around £6,500 per week with the usual high gross profit margin operating 10am to 10pm 6 days per week (closed on Sundays). The business which is mainly takeaway with very few deliveries and some interior seating serves pasta paninis ciabatta baguettes sides salad boxes jackets desserts and drinks all prepared fresh each day. The premise is secured on a 5 year lease with a rent of £33,000 per annum inclusive of VAT and briefly comprises ground floor sales area with some seating and kitchen area and to the first floor further kitchen and storage area with toilets in the office building next door. Over £100,000 has been spent on fitting out the property with brand new commercial kitchen products in the last couple of years. The business is run by a husband and wife team with 4 part time staff. There is a service charge of £1,000 per annum and the business has a 5 star hygiene rating. This is an absolute quality business operating to a very high standard with the latest commercial equipment being sold due to the owners moving abroad.

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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.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'Italian Pasta Takeaway Located in Birmingham City Centre - 11254 / 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.