Fish & Chip Shop Takeaway Wolverhampton

Wolverhampton, West Midlands

Status

FOR SALE

Date Submitted:

19/01/21

Advert ID

270944

Reference

7346 / Rightbiz
Leasehold: £35,000
Annual Turnover: £64,972
    Busy Main Road Trading Position

    **Accounts Available Year End 31st August 2019**

    Annual Turnover £64,972

    Gross Profit £32,230

    Family Business

    Established 2005

    Retirement Sale

    Excellent Google Online Reviews

    Just Eat Deliveries Since 2016

    High Footfall Area

    Parking Nearby

    Fully Equipped &Well Presented

    CCTV Throughout

    Could Accommodate Any Cuisine

    Scope To Create Website

    Potential For Longer Opening

    EPC TBC

Description:
REF 7346 – Leasehold Fish & Chip Shop/Takeaway
Blacks Business Brokers are pleased to bring to the market this leasehold takeaway located in Wolverhampton, West Midlands.

INTRODUCTION
Fryday's was established in this bustling area of Wolverhampton in 2005 and our client has been in ownership since 2012. The business offers a wide range of takeaway foods and is very well known in this area. The business has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google.

LOCATION
Fryday’s occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Aldi and Texaco. The business is immediately behind a main bus stop which brings a constant amount of passing trade. The area is well linked by the M6 with very strong public transport links and parking is available in the surrounding area.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a eighteen year lease which began in 2012 at a cost of £192 per week.

STAFF
The business operates with two full time members of staff.

FINANCIAL DETAILS
Fryday’s has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st August 2019 show that the business has an annual turnover of £64,972 and a gross profit of £32,230. Full financial information can be made available after viewing.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This well known and well established business occupies an enviable trading position in a bustling and popular area of Wolverhampton. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu choices and new opening hours. A website and new delivery service could also be extremely beneficial. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Accomodation:
BUILDING LAYOUT AND DESIGN
Fryday’s operates from the ground floor of a spacious mid terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage. Inside, the servery/counter is positioned to the front of the shop with fully equipped kitchen and small storage area to the rear of this. All areas are presented nicely.



Fixtures & Fittings:
Double Fryer
Fridge
Pizza Oven
Big Freezer
Microwave
Two Donner Meat Stands
Heater
Potato Cutting Machine
Potato Peeler


Opening Hours:
MON: CLOSEDTUE - THU: 12:00 - 22:00FRI: 12:00 - 23:00SUN: 14:00 - 22:00


Weekly Rent:
£192 Per Week. Weekly Rent:
£192 Per Week.
Contact Agent
Advert Reference:
7346 / Rightbiz
Listing Statistics
Impressions
i
The impression statistic is how many people have seen this advert on the search page.
:
Views
i
The view statistic is how many people have viewed this advert.
:
Enquiries
i
The total enquiries statistic displays how many people in total have made an enquiry to the advert.
:
Interested
i
The percentage rate displays the percentage of people that are interested in this business for sale.
:
Watching
i
This figure shows a number of people that have shown interest in this business for sale.
:
Last Viewed
i
The last viewed statistic displays when the last user has viewed this advert.
:
Last Updated
i
The last updated statistic displays when the last time the seller has updated its details.
:
Last Enquiry Received:
Contact the seller for more details, or book a viewing
Disclaimer
The data showed regarding this advert 'Fish & Chip Shop Takeaway Wolverhampton - 7346 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller