Seaside Town Fish & Chips Shop for Sale in Worthing, West Sussex - Huge Potential
Worthing, West Sussex
- Status
FOR SALE
- Date Submitted:
06/09/22
- Advert ID
499746
- Leasehold: £75,000 (Stock at valuation)
- Turnover: £218,000 (£4,192 Per week)
- Net Profit: £93,600 (43% Profit margin)
Key Features
- Potential for Alternative Use
- Attractive Business
- Accounts Available
- Prime Location
- Town Centre location
- Established Business
- Small Business
- Open Plan Trading Area
- Fully Fitted
- Close to Local Amenities
Business Details
Fish and Chips in Seaside Town for Sale
Fish & Chip Shop For Sale in a Seaside Town.
Fish & Chips takeaway for sale in a prime location in Worthing with huge potential to increase (Longer opening hours, adding pizzas etc)
For sale is a fully refurbished fish and chip shop which opened a couple years ago already well known in the area in a parade of shops.
The business benefits from very low rent and no rates with lot of repeat customers across all platforms (Just Eat, Uber Eats, Deliveroo, Website & Telephone). Majority orders are via own website as this is what is promoted more. There are a lot local businesses, schools and offices close by with the seaside being only a three minute walk. There is a very high footfall due to being located on the parade with a supermarket. Delivery service and collection available with a few seats inside.
Currently open seven days a week from 4pm to 10pm run by 2/3 staff and two delivery drivers. Potential to increase business by longer opening hours. There is space to add a pizza machine which would give the business a massive boost. Would be ideal for a small family business.
Takeaway comprising: serve over sales counter, cash register, three pan range (Florigo) with chip box, scraps box, three food warming cabinets, three door salad fridge, two pot wet bain-marie, extraction canopy, upright freezer, griddle, three commercial chest freezers, plastic potato bin, two slice toaster, menu boards, worktop with base units%UFFFDPreparation room with stainless steel upright fridge, microwave, wash basin, stainless steel sink, batter mixer, vinegar barrel and worktop with base units. Storage room with shelves. %UFFFDChipping room with potato chipper (Bold), potato peeler (Bold), potato soak tank, two wall mounted metal shelves, combination boiler, hallway with potato storage area and rear exit door.
Staff changing rooms, staff toilets and storage.
Rear yard consists of oil bin storage and commercial bin storage.
Genuine reason for sale due to other commitments and looking to purchase another business.
Turnover: Very Good (Available on Request)
Leasehold asking price: £75,000 (Plus stock)
Lease Remaining: 10 Years.
Rent: £12,000 Per Annum.
Rates: None.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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