CONFIDENTIAL
FOR SALE
634411
Chicken Shop for Sale in Plymouth, Devon
This established takeaway and delivery service specializes in delicious chicken and is located in a prime area of Plymouth, Devon. The shop operates daily from 3:30 PM to 11:00 PM, with potential for an additional seating area to enhance customer experience.
Business Overview
The business has been successfully running for 16 years, and the current owner has operated it for the past year and a half. It benefits from proximity to Plymouth Dockyard and residential areas, bringing in a steady flow of customers.
Market and Competition
The competition in the area is moderate, allowing for ample opportunity to attract local patrons who are looking for quality takeaway options.
Sale Details
The sale includes full fixtures and fittings, as well as all stock, making it a turnkey operation for the new owners. The asking price for the leasehold opportunity is available upon request, with a current turnover of £416,000 and an annual rent of £15,000.
Support and Training
The current owner is willing to provide training to the new owners to ensure a smooth transition, along with complete access to the business's accounts for transparency.
Staff and Online Presence
The business currently employs three staff members and has an established online presence, allowing for further marketing opportunities and customer engagement.
Reason for Sale
The reason for selling the business is due to family issues, presenting a unique opportunity for a potential owner to step into a well-run enterprise.
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.
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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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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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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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