Established Fish & Chip Shop for Sale in Dundee, Scotland
City of Dundee, Dundee
- Status
FOR SALE
- Date Submitted:
05/03/24
- Advert ID
607808
- Freehold: £240,000
- Leasehold: £100,000
- Rent: £14,300
- Turnover: £468,000 (£9,000 Per week)
- Net Profit: On request
Key Features
- Established Business
- Fully Fitted
- Accounts Available
- High Turnover
Business Details
Fish and chip shop for sale Dundee Scotland
I have been the proud owner and operator of a well-established Fish & Chip Shop for the past 15 years, a business that originates back half a century. Currently, the shop is staff-run as I am preparing for retirement due to personal family reasons. This distinguished establishment is situated in the heart of Dundee, a thriving city centre location. The business continues to boast a robust turnover, currently standing at an impressive £468,000.
The shop is in prime move-in condition, open seven days a week from 4pm to 9pm, to cater to the high footfall of our loyal customer base. For balance, the business is closed for a well-earned break three weeks of the year for holidays.
As part of my exit strategy, I'm open to genuine offers in the vicinity of the current business valuation. Rest assured, all our inventory will also be included in the sale price. We maintain a solid business account and can present a full business portfolio upon request, which attests to our financial health and profitability.
I want to emphasize that this is an established, high turnover business, complete with all the necessary fittings. Therefore, this opportunity provides a prospective buyer with a turnkey solution should they wish to enter the fast-food sector, or expand an existing operation. I'm looking forward to handing over this thriving business to a buyer who is as passionate about serving quality fish & chips as I have been.
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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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