Birmingham, West Midlands, ID 149507
This is a leasehold sale of a pizza takeaway business in Northfield, Birmingham. The asking price for the leasehold has been reduced from £45,000 to £33,000 for a 5-year lease (extendable). Annual rent is £16,000. What you are buying for £33,000: * The business goodwill (brand, reputation, customer base, 12 years of trading history) * All fixtures and fittings * Fully equipped kitchen * Online presence and established delivery radius * The right to operate from the premises under the lease Financial overview (based on seller’s estimates): * Estimated annual turnover: £150,000 * Estimated gross profit: £45,000 Important: Gross profit is not net profit. From the £45,000 gross profit you would still need to pay: * Rent (£16,000/year) * Staff wages (if not owner-operated) * Utilities (electricity/gas can be significant for a pizza oven) * Business rates * Insurance * Ingredients and ongoing supplies * Accounting, maintenance, marketing, delivery platform fees After rent alone, gross profit would drop to around £29,000 before other expenses. Real net profit could be significantly lower depending on staffing and overheads. If owner-operated with minimal staff, margins improve. Additional value: * A first-floor 2-bedroom flat is included. * Potential rental income: £800–£900 per month (£9,600–£10,800 per year). If the flat is part of the same lease and can legally be sublet, that rental income could substantially offset the business rent. For example: * Rent £16,000 * Flat income ~£10,000 * Effective net property cost ~£6,000/year This makes the deal more attractive, but only if: * Subletting is allowed under the lease * There are no additional service charges * The flat does not require renovation Strengths: * 12 years trading history * Refurbished and ready to operate * Immediate trading potential * Established location with footfall and delivery market * Low entry price (£33k) Risks / things to verify: * Request last 2–3 years of accounts and bank statements * Confirm whether turnover is proven or estimated * Check electricity and gas costs * Confirm lease terms and break clauses * Confirm if the flat is legally rentable * Check food hygiene rating * Understand delivery platform commissions (Just Eat, Uber Eats, Deliveroo) Conclusion: The £33,000 is the price of the business (leasehold goodwill and assets), not the property. It could be a reasonable entry-level food business if the turnover is verifiable and the flat income is real and permitted. The key factor is whether the £150k turnover is supported by accounts.
