Very Successful Fast Food Business For Sale in Central Manchester - Fallowfield

Manchester, Greater Manchester
REF: INT2038

Asking Price:
£350,000
Annual Turnover:
£600,000
Annual Net Profit:
£120,000
REF: INT2038
Photo of Very Successful Fast Food Business For Sale in Central Manchester - Fallowfield
Photo of Very Successful Fast Food Business For Sale in Central Manchester - Fallowfield
Photo of Very Successful Fast Food Business For Sale in Central Manchester - Fallowfield
Photo of Very Successful Fast Food Business For Sale in Central Manchester - Fallowfield

Overview

Tenure:
Leasehold
Established:
2021
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Well Equipped Business

For sale is an absolutely amazing fast food business that, despite having only been open for a short period of time, has already seen impressive levels of growth. The business is in the most ideal trading position in Fallowfield and is no more than 500 yards from student accommodation with a capacity of 20,000, providing high levels of footfall.

The business has been furnished to an extremely high standard and the current owners have dedicated plenty of time and effort to ensure this is a stand out business in the local area.

Part of a franchise, there are currently 105 stores across the UK. As it stands, this store is highly ranked 5th out of all stores an impressive accolade.

Recently, the owners have successfully applied for a license to allow them to remain open for longer hours, and are now one of the only businesses locally able to trade in this way.

This is a business that thrives on delivering delicious fast-fired pizzas that combine traditional Italian methods of preparation with innovative flavours, using only the best ingredients. They have taken the United Kingdom and Europe by storm due to their unique and brilliant taste.

Due to the global shift towards finding authentic and environmentally-friendly experiences, this franchise is the leader in the pizza market with a fresh taste and fewer calories than expected by customers.

The business benefits from very high footfall due to its ideal location in Fallowfield, with over 20,000 students being within 500 yards of the takeaway.

There is a 10-year leasehold on this property, with 9 years left to run and the rent being £1,666 PCM.

The growth potential for this business is exceptional due to its well-known name and high footfall from its ideal location. The business would benefit from further marketing around student areas and could even focus on bringing in more customers from further afield.

There is potential for further expansion as the business is ever-growing and could open more locations nationally. They already have an established presence so expanding this could be highly beneficial to the business and the new owner.

This opportunity would be ideal for anyone who is looking for a well-run pizza shop that is positioned in the most visible of locations.

Features

Key Information

  • Number of Covers: 12
  • Delivery Services: Deliveroo, Foodhub, Just Eat, Uber Eats

Reputation

  • Google: 4.7
  • TripAdvisor: Excellent

Online Presence

  • Facebook: Yes
  • Twitter: Yes
  • Instagram: Yes

Website: www.fireaway.co.uk

Location

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  • Residential Location
  • Close to University
  • High Footfall
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£19,992
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2032
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
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Number of Employees
XXXX
Current Ownership
XXXX

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