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High-Performing Leasehold Fish & Chip Takeaway in Aldridge West Midlands For Sale

Aldridge, West Midlands
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Leasehold Fish & Chip Takeaway Located In Aldridge Photo 1
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Leasehold Fish & Chip Takeaway Located In AldridgeLeasehold Fish & Chip Takeaway Located In AldridgeLeasehold Fish & Chip Takeaway Located In AldridgeLeasehold Fish & Chip Takeaway Located In Aldridge
  • Status

    FOR SALE

  • Date Submitted:

    31/08/23

  • Advert ID

    518936

  • Reference

    2909 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £180,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway Located In Aldridge

Leasehold Fish & Chip Takeaway Located In Aldridge
Ratings / Just Eat 4.5 / Uber Eats 4.6 / Google 4.2
Newly Fitted Shop
Ref 2909

Location
This respected Fish & Chip Takeaway is located in Aldridge. Situated within a prominent and highly visible trading position on Croft Parade. Aldridge is an industrial town situated between Sutton Coldfield (5.7 miles) and Walsall (4 miles). The immediate area offers plenty of residential houses, businesses and industry. All of which bring high levels of footfall to the area. The area also has great transportation links.

Leasehold Asking Price: £180,000 plus SAV (£3,000)

Business Description
Veritas Business Sales offer to the market this renowned Fish & Chip Takeaway which is located in Aldridge. The fish and chip shop has been trading since early 2023 and has seen real growth in the first five months, with sales continuing to increase month on month. Our client is offering the business for sale so that they focus on other business interests.
Since ownership they have totally refurbished, redecorated and invested in brand new equipment (some of which is bespoke) along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Takeaway is owner operated with the help of 4 full time and 6 part time members of staff and has an impressive average weekly turnover of £9,000. Walk in trade equates to approximately 50% of turnover with the remaining 50% deriving from the online delivery portals Uber Eats, Just Eat and Deliveroo. They serve a fine range of fish & chips, along with, pies, sausages, sundries, condiments, kebabs, burgers, southern fried chicken, ice cream and cold drinks. They have a fantastic reputation for the quality of their food and are famous for their battered chips. They have a large social media following with 4,200 Facebook followers and 3,231 Instagram followers. They also operate a dark kitchen where they do burgers, purely on delivery and the additional turnover is £3000- £4,000 per week.
We believe that a new operator could increase turnover should they wish by extending the current opening times. The business has built a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a new and fully fitted turnkey business where all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Thursday – 11:45am – 9:30pm
Friday & Saturday – 11:45am – 10:00pm
Sunday – 4:00pm – 9:30pm

Leasehold
Term: 10 years
Remaining: 9.5 years
Reviewed: 5 yearly
Rent: £16,800 pa
Business rates: zero

Ground Floor
Takeaway comprising: serve over sales counter, EPOS till system, drinks machine (Pepsi Max), bespoke 3 pan range (Henry Nuttall) with 2 x chip boxes and 3 x warming cabinets, 5 x digital menu monitors, stainless steel tables, 2 x metal shelves, 2 x commercial microwaves (Kenwood), stainless steel table with cupboards below, 4 pot wet bain-marie, 4 x single kebab machines, 2 x kebab meat shavers, electric knife, extraction canopy, bespoke hot food hold (Henry Nuttall), worktop, panini press , CCTV monitor (4 camera system), stainless steel table and undercounter freezer.
Preparation room with wash basin, batter mixer (Bold), southern fried chicken fryer, bespoke chip batter mixer (Manica), boiler, walk-in freezer and 4 tier storage unit.
Staff W/C with wash basin.
Office with desk, CCTV and safe.
Dry store with 2 x metal storage units.
Chipping room with stainless steel double door fridge (Polar), stainless steel fish fridge, stainless steel raw meat fridge, potato chipper (Bold), 2 x wall mounted knife racks, sink, potato peeler (25KG), plastic chip bin, potato storage area and rear exit door.
All equipment is AA rated

External
Rear service road with parking.

EPC Rating E

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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. 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.

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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