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WELL ESTABLISHED FISH&CHIP SHOP RESTAURANT TAKEAWAY–WEST MIDLANDS

Birmingham, West Midlands
Leasehold Price:
£149,995
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
231223
Reference
4550 / Rightbiz

Details

WELL ESTABLISHED FISH&CHIP SHOP/ RESTAURANT/ TAKEAWAY–WEST MIDLANDS
Monopoly trade within local area
Ideal partnership opportunity
Regular and repeat trade
Genuine retirement sale
Walk in condition
LEASEHOLD

Business for Sale 

Meridian Business Sales are pleased to offer to the market this well equipped Fish & Chip shop/ takeaway/ restaurant takeaway business which was established by our client over 10 years ago and is only now being reluctantly offered to the market due to our clients desire to take well deserved retirement. Since the business was established our client has invested time and money into the business, meaning that it is in full walk in condition. They have continually introduced new lines and income streams which have enhanced the business massively. Our client informs us that the annual turnover currently runs at £364,000 with a gross profit of 70% with the predominant trading point of 80% being Fish and Chips. It has established a good loyal customer base and has a monopoly trade within the area. It derives its income from the sale of fish and chips, pizza, and kebabs together with hot and cold drinks and other associated products to eat in or take away. The Fish and Chip shop/Restaurant has seating for 40 and caters for lunch and evening meals as well as also providing a small breakfast menu and a takeaway service. There is scope to expand the current pizza menu, offer a delivery service and could increase income with advertising promotions. The business is a member of Just Eat and enjoys much regular and repeat trade.  This is a superb opportunity for a partnership to purchase a well established business which is a great base to build upon and as such, early viewing is strongly recommended to appreciate the potential of this business.

Seller Details
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Listing Details
Leasehold Price: £149,995
Tenure: Leasehold
Sector: Fish And Chips Shops, Take Aways Businesses, Fast Food Businesses
Financials
Annual Turnover: £364,000
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