Prime Location Fish and Chips/Fried Chicken Shop for Sale in Southgate, North London
City of London, London
- Status
FOR SALE
- Advert ID
623100
- Leasehold: £75,000
- Rent: £26,400 (£2,200 per month)
- Turnover: £114,400 (£2,200 per week)
- Profit: £1,200 (2% Profit margin)
Key Features
- Accounts Available
- Established Business
- High Turnover
- Prime Location
Business Details
Fish and Chips freid chicken shop for sale in Southgate North London
The business, a well-established fish and chips and fried chicken shop, is located in a prime area of Southgate, North London. This central location in the City of London ensures excellent footfall and visibility, making it an attractive option for potential buyers. With 20 years of establishment, the shop recently underwent a full refurbishment, introducing modern exposed brick walls and contemporary lighting, complemented by a fully equipped commercial kitchen with stainless steel appliances. This has enhanced productivity and service standards, making the business competitive in the dynamic food industry.
Providing both dine-in and take-out services, the shop features a comfortable dining area with booth and table seating, appealing signage, and a visible storefront to attract a constant stream of customers. Additionally, the shop is located near various amenities such as shops, restaurants, and public services, drawing more potential patrons. The presence of nearby competition, including Burger King, highlights the shop's robust positioning.
Currently under a leasehold for £75,000, the business boasts an impressive turnover of £114,400, with an annual rent of £26,400 and a profit margin of £1,200. All fixtures, fittings, and stocks are included in the sale price, and the accounts are available for review. The business is ready for immediate takeover, ideal for those looking to invest in a high-turnover operation without the constraints of a tie leasehold.
The business has been under the ownership of the current proprietor for six months and offers training opportunities for new owners. Operating with two employees, the shop also maintains an online presence to further engage with customers. Potential buyers will benefit from a split-level trading area, an open plan, and the option for alternative uses, all reinforced by the inclusion of a nearby car park. This investment represents an attractive business opportunity for entrepreneurs aiming to tap into a flourishing market in an unbeatable location.
Map
What's Nearby
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
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
Get Solicitor
