Restaurant/cafe for sale in Norwich, England, United Kingdom NR1

Business
Please quote reference B07885

CoGoGo are delighted to welcome to the market Hot Grill Kebab/Pizza and Burger House, in Norwich.

Hot Grill was first established in 2016 and came under our client's careful ownership back in 2020. Ever since our client took ownership, the business has become extremely well established within the area and built up an excellent customer base.

The business now comes to the market, only due to our client's desire, to spend more time with their young family.

You can take advantage of their website which can be navigated easily, where they offer both home delivery and collection. They offer a variety of flavourful foods and some classic favourites such as, Calzones, Pizzas, Burgers, Kids Meals, Desserts and much more. All at affordable prices.

Scope for Improvement:

• Increase Advertisement


• Apply for a late license


• Increase trading hours


• Expand Delivery Catchment area

Assets included:

• Website


• Pizza Oven


• Fryers


• Bain Marie


• Menu Boards


• Cooker & Hob


• Crockery


• Fridges


• Freezers


• Kebab Machine

Location
Hot Grill Kebab/Pizza and Buger House is located on a busy high street in Norwich.

The business advertises an eye catching signage attracting many customers.

Premises
Basement Floor

• Bathroom


• Basement leads to a large riverside garden, which is subject to license to expand or open as a coffe shop, beer garden ect.

Ground Floor

• Open plan service area (with menu boards)


• Commercial Kitchen


• Storage area

Top Floor

• Two bedrooms

Tenure
We are advised the business is being sold on a Leasehold basis with 8 years remaining on a 10 year lease. The advised rent is £1,200 per month.

Hours
The current trading hours are:

Monday to Saturday - 5:00pm to 11:00pm

Sunday - Closed

Staff
The business is run and managed by our client with the help of 4 staff members.

Financial Profile
The business achieved £300,000 - £350,000 back in 2023. Due to them deciding to shorten their trading hours for 2024 they have decreased the forecasted turnover to £250,000.

Full financials can be made available upon furhter request.