Thriving Fish & Chip Shop for Sale in Prime Sutton Surrey Location
Sutton, London
- Status
FOR SALE
- Advert ID
611711
- Leasehold: £130,000 (Stock at valuation)
- Rent: £19,000
- Turnover: £364,000 (£7,000 Per week)
- Net Profit: £91,200 (26% Profit margin)
Key Features
- Attractive Business
- Established Business
- Company for Sale
- Fully Fitted
- Prime Location
- Close to Local Amenities
- Potential for Alternative Use
- High Turnover
- Town Centre location
Business Details
Fish and Chip shop for sale Sutton Surrey
After many fulfilling years of service to the community, I have decided to part with my well-loved fish and chip shop in Sutton, Surrey. Located in a prime town centre spot, this well-established business offers a fantastic opportunity for its next owner. With a loyal customer base, a reputation for quality, and a warm, inviting atmosphere, it is a local favorite within the community.
The new proprietor who steps into this thriving venture can expect a lucrative turnover of £364,000 with a profit margin of £91,200. Open to offers, the leasehold price currently sits at £130,000. This isn't just an ordinary local shop though. The strategic location, close to local amenities, makes it an attractive business venture and opens possibilities for alternative use. It's a fully fitted, ready-to-run company that promises high turnover and a prime location.
As I embark on new adventures, I'm fully committed to the seamless transition of this business and will provide support to the new owner to uphold the high-quality standards that our customers expect and love. This restaurant has been more than just a business to me, and I believe that it can be a successful and rewarding venture for the next owner as well. It's not just about running a restaurant; it's about being a part of a thriving community. I look forward to passing this on to a capable owner who will cherish and enjoy the support from the community as I have.
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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.
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.
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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.
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