Restaurant/cafe for sale in Wallsend, England, United Kingdom NE28

£119,995
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Restaurant/cafe for sale

Property description

Business
Please quote reference B07638

CoGoGo welcomes to the market Flying Pigz, an extremely reputable Takeaway & Food Truck Business.

The business was establised by our client in 2021 and has been a real labour of love, only now does it come to the open market due to our clients wish to move onto other business ventures.

The business is currently running part time with massive potential to open full time and there is enough space in the shop to make into a bistro style restaurant.

Flying Pigz have their own ipa which can be sold to local pubs and clubs. More information is available upon request.

Flying Pigz is currently in the process of franchising and would like the new buyer/owner to carry on with the franchise process. The franchise manager has agreed to help the new owner/buyer achieve this.

The business has a website for van bookings/enquires and has a lot of connections for festivals and locations which will be passed over with the sale of business.

Flying Pigz has an amazing Just Eat score of 4.9 stars out of 5 with 111 reviews, the business also benefits from having a loyal customer base.

Training will provided to buyer on how to cook the food the way we have been doing it.

Strong social media presence with real engaging with customers, the business boasts an impressive following and with the likes combined on both platforms are in the region of 19000 people.

Sellings Points:


  • Excellent Catchment Area

  • Outstanding Reputation

  • Lots of Repeat Custom

  • Handover Period Offered

  • Scope for Further Expansion

  • Trademarks are pending


Scope for development


  • Push advertising

  • Increase trading hours

  • Embark on more events with the food truck



Location
The business is located within Wallsend which is town within North Tyneside and is only 4 miles from Newcastle upon Tyne.

The business benefits from the food truck which allows the business to go far and wide.

Premises
The business is comprised of the following:

Service area with large menu stand, bespoke décor and lighting, counter and til systems

Fully fitted commercial kitchen with ample storage, stainless steel work benches and easy clean flooring.

Also included is:


  • Menu stands

  • Til systems

  • Extraction hood

  • Fryers

  • Grill

  • Bain marie

  • Commercial cooker

  • Fridges and freezer

  • Storage


Food truck

Fully fitted to suit the trade with fridges, bain marie, double fryer, large grill, wash area, til system, stainless steel wall coverings and a 5 star hygiene rating.

Tenure
We are instructed to sell the business on a Leasehold basis an orginal 10 year Lease currently in place.

The rent is £800 per month.

Hours
The business trading hours are:

Monday to Wednesday - Closed

Thursday to Sunday - 17:00pm - 21:00pm

Staff
The business is run and managed by our client with Adhock staff as required.

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £260,000. Further financials can be made available upon request.

Please quote reference B07638

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For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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