Highly Rated Skipper Fishmongers Business in East Ham, London For Sale
City of London, London
- Status
FOR SALE
- Date Submitted:
30/12/23
- Advert ID
604394
- Reference
B07730 / Rightbiz
- Call Agent:
- Leasehold: £169,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Highly Rated Fishmonger For Sale
BusinessPlease quote reference B07730
CoGoGo are delighted to welcome to the market Skipper Fishmongers, a highly rated business opportunity in East Ham area of Greater London.
The business was originally established over 10 years. The business has built up an excellent reputation and regular customer base over its many years of trading, resulting in some great online reviews.
Skipper Fishmongers has now come to the open market due to our clients desire to relocate overseas.
Skipper Fishmongers is highly rated and has an excellent reputation within the area, for its large range of fresh stock.
The business has been able to achieve a regular customer base, with a majority of the trade being walk in customers. They do however have a few commercial customers.
Key selling points -
- Well established
- Great reviews
- Turnkey business
- Great location
- Low overheads
- Hand over
- Living accommodation
- Expand commercial client base
- Increase advertising and marketing
- Increase online presence
Location
Skipper Fishmongers occupies a highly desirable trading position on Barking Road in East Ham, Greater London.
The business has eye catching signage, receiving high levels of footfall and passing trade.
Premises
Ground floor -
- Service area with large fish fridge/serve over counter
- Commercial preparation area to the rear with storage area and WC
- 3 Bed flat
- Could be used as living accommodation or continue to rent to the current tenant
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year rolling lease agreement (commencement year of 2024). The rent is £26,500 per annum.
The flat above also generates a rental income.
Hours
The current trading hours are -
Monday to Sunday - 8:30am - 7:30pm
Staff
We are advised that the business has 2 full-time members of staff.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £468,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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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.
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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
Contact seller
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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