Sea Breeze Fish & Chip Shop with Turkish Classics in Woodford Green, London for Sale
Woodford Green, London
- Status
FOR SALE
- Date Submitted:
07/11/23
- Advert ID
602285
- Reference
GO2173 / Rightbiz
- Call Agent:
- Leasehold: £35,000 (Stock at valuation)
- Turnover: £78,000 (£1,500 Per week)
- Net Profit: £26,000 (34% Profit margin)
Key Features
- Fully Fitted
- Small Business
- Established Business
- Accounts Available
- Prime Location
Business Details
Established Fish & Chip Shop in Excellent High Street Location
Turnover circa: £78k
Adjusted Net Profit circa: £26K
BUSINESS SUMMARY
Business Name: Sea Breeze Limited
Location: 385 Hale End Road, Woodford Green, IG8 9LS
Established: 2017
Type of Business: Fish & Chips Restaurant
BUSINESS DESCRIPTION
Sea Breeze is a popular, family-run Turkish fish & chip restaurant located in the heart of Woodford Green, London. Known for its traditional take on Turkish classics, the establishment is a firm favourite among both locals and visitors to the area with the benefit of being located on a busy residential housing estate, along a parade of local shops.
PRODUCT/SERVICE OFFERINGS
Fish & Chips: Freshly battered cod, haddock, skate, plaice, served with golden crispy chips.
Chicken & Ribs: Fried chicken 1 – 6 pieces, BBQ ribs, chicken, and various pies
Burgers / Kababs: donner kebabs, chicken, or lamb shish, kofte kabab. Beef burgers, chicken burgers and veggie burgers.
Kids Meals: Various kid’s mealsDrinks: A range of soft drinks
Desserts: A range of desserts
Takeaway & Delivery: Working with delivery partners the business caters for walk in, telephone and delivery orders.
MARKET ANALYSIS
Woodford green boasts a dense population with a strong affinity for traditional chip shop food. Sea Breeze has a loyal customer base, owing to its quality of food, location, and service. The business has also gained custom among tourists who flock to London for its rich history and culture.
FINANCIAL OVERVIEW
Gross Revenue: £78,000
Net Profit: £26,000
KEY ACHIEVEMENTS
Reviews:
3.6 star rating on 'Google Reviews' with over 60 reviews.
3.9 star rating on 'Just Eat' with over 55 reviews.
Loyal Customers: Regular, repeat customer base provides ongoing consistent revenue.
Hygiene Awards: Rated 4 star hygiene by the Food Standards Agency in March 2022.
EXPANSION OPPORTUNITIES
Delivery: Implementing a delivery service to cater to the increasing demand for at-home dining through directly employed staff to compliment food app orders.
Catering: Catering services for events, parties, and corporate lunches.
New Menu Items: Introducing vegan and gluten-free options to cater to a wider audience.
Website Development: The business attracts custom through delivery partner apps, local reputation and passing trade, however there is an opportunity to develop and implement a dedicated website with ordering capabilities for click and collect and/or deliveries.
PREMESIS
The premises is a ground floor retail unit on an extremely busy residential estate parade of retail shops. The premises is available by way of a lease at £15,240 per annum.
The vendor has made significant improvements to the property over the years and introduced new catering equipment and furnishings which offer a warm and welcoming environment for customers and requires no further investment from an incoming operator who can capitalise on the extensive fit out to date.
Viewing is essential to appreciate the quality of the business on offer.
FINANCIAL INFORMATION
Financial information is available upon request.
FURTHER INFORMTAION
Further information is available by speaking with the us and viewings are strictly by appointment only as the sale of this business is strictly confidential.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
Be safe, use a Rightbiz Solicitor
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