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Fish & Chips Shop & Cafe in Stockport

Stockport, Manchester
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Fish & Chips Shop & Cafe in StockportFish & Chips Shop & Cafe in StockportFish & Chips Shop & Cafe in StockportFish & Chips Shop & Cafe in StockportFish & Chips Shop & Cafe in Stockport
  • Leasehold: £39,000
  • Turnover: £52,440 £1,008 Per week
  • Net Profit: Not Applicable

Business Details

    Chip shop trading in this location for over 60 years

    **Accounts to Year End 31 Jan 2020**

    Annual Turnover £52,440 (Audited 31 Jan 2020)

    Gross Profit £34,568 (Audited 31 Jan 2020)

    2019 - JUSTEAT Introduced - Over 200+ Reviews

    Seating area for over 30 people

    Closed Sundays

    Scope for Accommodation

    EPC - D

Description:
REF 5939 – Leasehold Fish & Chip Shop
Blacks Business Brokers are proud to bring to the market this leasehold fish & chip shop located in a popular and busy area of Stockport.

INTRODUCTION
There has been a fish and chip shop trading at this location for over 60 years, and as such has an established clientele of regular customers. In 2016 the current owners bought the business and changed its name to The Fish Inn and it success continued.

LOCATION
The Fish Inn is an established fish and chip shop occupying a grade 2 listed property on little Underbank in Stockport. This is a characterful street with a cobbled road and predominantly a commercial area. The surrounding businesses are mainly independent operations such as hair salons, boutiques and coffee shops.

REASON FOR SALE
The Fish Inn is only being offered for sale due to our client’s other business interests.

BUILDING LAYOUT AND DESIGN
As well as being a popular fish and chip shop, is also a popular destination as a coffee shop thanks to its ability to provide approximately 30 covers. Customers therefore enjoy a variety of cuisine, obviously focused around fish and chips, however the catering kitchen is able to provide hot and cold sandwiches as well as other traditional English dishes

The centrepiece of the servery is an Edwards of Oldham 2 pan range, this was new in 2005 and has been meticulously serviced to date. Supporting the dining area and servery is a prep room which houses the rumbler and chipper as well as a variety of fridges and freezers, ovens and microwaves.
Above the restaurant area the first floor presents two rooms that are currently use for storage as well as 2 WC’s. Formerly this was accommodation, and should the need arise, with a bit of attention could be turned back to a competent one bedroomed flat.
From Monday to Thursday the business caters predominantly for lunchtime trade, opening at 11 and closing at 3 o’clock in the afternoon, on Fridays and Saturdays this extends to 4 o’clock.

STAFF
The Fish Inn is currently operating with two part-time members of staff.

FINANCIAL DETAILS
Financial details are available upon a viewing of the business and the Fish Inn has traded solidly over its trading history **Accounts to Year End 31 Jan 2020**, Annual Turnover £52,440 (Audited 31 Jan 2020) Gross Profit £34,568 (Audited 31 Jan 2020). The owner has recently introduced JustEat for local deliveries with a view to increase sales online.

SUMMARY
New owners will undoubtedly consider that the business is missing out on prime evening trade here, once consideration is taken that the business doesn’t open on Sundays, new owners will doubtlessly consider that there is tremendous scope to increase turnover from extended opening hours.
This therefore represents tremendous opportunity for new owners, and the ability to increase what are already impressive figures.

Fixtures & Fittings:
2 Pan Range
Electronic Chipper
Rumbler
Microwave
Drinks Fridge
x2 Freezers
Till


Opening Hours:
Mon - Thu: 11:00 - 15:00 Fri & Sat: 11:00 - 16:00 Sun: Closed


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Energy Performance Certificate (EPC)

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Stay Safe

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. Rest 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.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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