Prime London Location Fish and Chips Restaurant with Takeaway for Sale, High Profitability
Hornchurch, London
- Status
FOR SALE
- Advert ID
629105
- Rent: £29,000 (£2,417 per month)
- Turnover: £800,000 (£15,385 per week)
- Net Profit: On request
Key Features
- Accounts Available
- Established Business
- High Turnover
- Offers Invited
- Owner Financed
- Prime Location
- Unique Business
- Ideal for Full Refurbishment
- Potential for Alternative Use
- Close to Local Amenities
- Trade Gardens Available
- Attractive Business
- Central Position in Affluent Village
- Fully Fitted
- Planning Consent Available
- Incentives May Be Available
Business Details
Fish and chips restaurant and takeaway
Located on the bustling main high street, an esteemed fish and chips restaurant and takeaway is now available for sale. This thriving business boasts a prime town center location in Hornchurch, London, and has shown strong profitability over the years. The restaurant's annual turnover stands at £80,000, reflecting its popularity and financial success in the area. The opportunity comes as a leasehold, with an asking price available upon request, and an annual rent of £29,000. Notably, all stock, fixtures, and fittings are included in the sale price, providing a turnkey opportunity for potential buyers.
The restaurant is renowned for its modern interior design, which features vibrant greenery décor, creating an inviting and refreshing atmosphere. Customers are drawn to its spacious seating capacity, making it ideal for large groups and events. Beyond the traditional fish and chips, the versatile menu offers a variety of options, catering to a broad audience while maintaining a warm and elegant ambiance enhanced by tasteful lighting. This adaptability ensures it is suitable for both dining in and takeaway services.
The current owner has successfully operated the business for the past three years. The location benefits from nearby amenities including shops, other restaurants, and public services that consistently attract customers. The business enjoys a unique competitive edge as the only fish restaurant on the high street, helping maintain its high turnover with continuous growth reported in recent years.
This well-established restaurant is supported by a team of five employees, and the current owner is willing to offer training opportunities to new proprietors, ensuring a smooth transition. The sale is motivated by family reasons, offering a fantastic opportunity for new owners to capitalize on an excellent track record. With accounts available for review, prospective buyers can gain a solid understanding of its financial health.
The business presents additional appeal with planning consent available, the potential for full refurbishment, and opportunities for alternative use. Located close to local amenities, in a central position within an affluent village, this unique business offers attractive prospects for further development. Potential buyers should note that owner financing options may be available, and incentives may also be offered to enrich the purchasing experience. Overall, this is a high-potential opportunity for investors or entrepreneurs wishing to step into a thriving food service venture. Offers are currently being invited.
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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.
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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.
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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.
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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.
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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.'.
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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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