Charming, Family-Owned Fish & Chip Shop in Popular Lancashire Coastal Holiday Town for Sale
Undisclosed, Lancashire
- Status
FOR SALE
- Date Submitted:
24/01/24
- Advert ID
605544
- Reference
RB10556 / Rightbiz
- Call Agent:
- Leasehold: £924,950 (Stock at valuation)
- Turnover: £683,427 (£13,143 Per week)
- Net Profit: £220,000 (33% Profit margin)
Key Features
- Close to Local Amenities
- Accounts Available
- Prime Location
- Attractive Business
- Established Business
- Fully Fitted
- High Turnover
- Town Centre location
Business Details
Family Owned Fish & Chip Shop, in the heart of this Well known Lancashire Coastal Holiday Town
Alan J Picken are delighted to offer this family-owned Fish & Chip Shop with rich history and a loyal customer base in the heart of this Well-known Lancashire Coastal Holiday Town.
Run from a large, splendid, spacious double unit freehold premises with two self-contained apartments and occupies a marvellous trading position beloved by both local residents and tourists. The business is now only offered for sale due to our clients wishing to take life a little easier and retire.
Since acquiring the business our clients maintained their family’s excellent quality and standards and have striven to serve the best fish and chips in the area and have won many awards! We trust the business will prove a resoundingly successful acquisition, especially for a dedicated, enthusiastic purchaser to continue to exploit the full potential and derive maximum profits.
Turnover on year-end March 2023 accounts £683,427.
Gross Profit £68%.
Adjusted Net Profit in excess of £220,000.
Over the years the business has attracted a very regular clientele from the area and surrounding conurbations. Sales have shown a marvellous trend and substantial profits are achieved. Since acquiring the business and property, our clients have spared neither time, effort nor expense transforming the premises to their high exacting standards with quality fixtures and equipment.
Justice can only be given to the exceptional family residence by personal inspection. In fact, businesses and properties of this calibre are the exception hence early inspection of this magnificent opportunity is strongly recommended even for the most discerning of purchasers in order to avoid disappointment.
Business & Freehold Property £924,950 SAV
Lancashire.
Reference. RB10556
Contact Agent
Listing Statistics
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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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