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Successful Food Franchise Resale for sale in Reading

Reading, Berkshire

Asking Price Open to offers
Turnover £543,000

Business overview

A busy franchised Italian Street Food restaurant with great reputation and great customer base. Located in Reading Town Centre with huge daily footfall & large corporate businesses

Business details

  • Property type
  • Net profit
  • Accomodation
  • Staff
  • Rent per annum

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Business description

This business is a great opportunity as it has an already established customer and supplier base. It is very well known for its fresh and tasty food and great customer service. Being a franchised brand, we pay 5% on sales and 1% marketing fee. So the total is 6% on net turnover excluding VAT.

We currently have full time staff and part time staff. Our opening hours are 11:00 - 20:00 Monday to Saturday (10:00 - 18:30 Sunday), we are seven days per week. The business is located in the heart of Reading town centre on the busy footfall street called Broad Street (94 Broad Street, Reading RG1 2AP).

Additionally there are some very big companies in the local area like Thames Water, SSE, The Blade, Thames Tower, Primark, The White Building, Abbey Gate, Apex Plaza, Prudential, many offices and a lot more.

We currently have about 200 customers everyday and regular food orders from companies around us with further development opportunity. We believe that a new owner could start a strong breakfast offering, develop the deliveries options and drive office platters in the local and further afar business zones.

This is a confidential sale.
We are open for reasonable offers.
Viewing is strictly by appointment.

Business location

Central Reading, 94 Broad Street RG1 2AP

Sector specific information

  • Franchise agreement for (number of years)
  • Original franchise fee paid

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