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CONFIDENTIAL
FOR SALE
621729
This well-established family-run chip shop, located in a prime area of Walsall Wood, has been successfully operating for over 50 years. Its strategic location benefits from a high footfall and proximity to local amenities, including three pubs, two convenience stores, Chinese and Indian restaurants, and a taxi service, contributing to its robust customer base.
Despite its success, I have decided to entertain offers due to personal commitments, including a growing young family and additional work interests. I have owned the business for four years and am seeking a transition that benefits both parties involved. Potential buyers should be genuine and serious about acquiring a thriving establishment.
Competition in the area is minimal, adding to the business's attractiveness. The sale includes fixtures, fittings, and existing stock, with a leasehold price set at £29,999. The shop generates an annual turnover of £60,000, with a profit margin of £26,000. Annual rent is currently £7,800.
The business is fully fitted and includes training opportunities for new owners at no extra cost. It also maintains an online presence, enhancing its visibility and reach. This opportunity is ideal for someone looking to refurbish and further enhance this already profitable venture.
Offers are invited for this attractive business in a town centre location, ready for a new lease. The shop offers a promising opportunity for those interested in a small business with no initial premium required.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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