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Business Opportunity: Established Fried Chicken Shack in Essex
We are excited to present an outstanding opportunity to acquire an established fried chicken shop, specializing in southern fried chicken wings, tenders, burgers, and sides. Located in the bustling town center of Billericay, Essex, this business offers an attractive proposition for food enthusiasts and entrepreneurs alike.
The business currently operates three days a week: Thursday through Saturday, from 5 PM to 9 PM, with the potential to expand trading hours to every day from 12 PM to 10 PM. With an impressive average weekly revenue of £1,250, the shop has demonstrated a consistent increase in turnover over the past year.
The asking price for this leasehold establishment is £35,000, with a current annual rent of £7,200 including ALL UTILITIES. This price includes all fixtures, fittings, and stock, making it a comprehensive purchase for the right individual. The projected profit margin stands at approximately £26,000, highlighting the business's financial viability.
This location benefits from its proximity to nearby amenities, including bustling pubs and a shared car park with a private members club, making it a prime spot for attracting customers. Notably, there are no competing fried chicken shops within a mile radius, which enhances the potential for sustained business growth.
The shop boasts a solid online presence and currently employs two staff members. The seller is willing to offer training opportunities to ensure a smooth transition to the new owners. This business also offers the potential for alternative uses, providing flexibility to the new proprietor.
The sellers are relocating abroad, presenting a fantastic opportunity for passionate food lovers or aspiring entrepreneurs. This well-established business is not just a takeaway; it is a unique venture situated in an affluent village, adjacent to multiple retailers and close to local amenities.
For serious inquiries only: please no time-wasters. This is a remarkable opportunity for the right person to step into a thriving business in a suitable and advantageous location.
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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