Fish and chips shop for sale in Sutton Hull with potential to add pizza to the menu
Kingston Upon Hull, East Riding of Yorkshire
- Status
FOR SALE
- Advert ID
638366
- Leasehold: £150,000 (Stock at valuation)
- Rent: £16,500 (£1,375 per month)
- Turnover: £310,000 (£5,962 per week)
- Profit: On request
Key Features
- Prime Location
- Retirement Sale
- Company for Sale
- Fully Fitted
Business Details
Fish chips shop can add pizza in HUll HU7 4TA
We are excited to announce the availability of a well-established fish and chips shop located in Sutton on Hull, East Riding of Yorkshire. This successful business, which has been operational for over 10 years, presents a unique opportunity for potential buyers to expand on an already thriving model by ADDING PIZZA to the menu, enhancing the offerings for customers in the HU7 area.
The current owner is selling the business due to personal circumstances; their children are heading off to university, and they plan to move to another city. With four years of ownership, the seller has built a strong brand with a recognized logo and reliable packaging, along with a solid community presence that fosters a loyal customer base.
Key features of the fish and chips shop include:
- A prime location that benefits from excellent street visibility and foot traffic.
- Pub and local newsagents around
- A well-equipped kitchen with professional frying equipment, ready for immediate operation.
- No direct competition from other pizza or kebab shops, ensuring a unique market position, as the nearest competitors are Chinese takeaways.
The business currently employs three family members on a daily basis, with one additional employee during weekends. Despite the lack of an online presence, the business has maintained a steady turnover, and all necessary fixtures and fittings for daily operations will be included in the sale price.
The leasehold for the property is priced at £150,000 with an annual rent set at £16,500. This opportunity not only promises a high turnover but also the potential for future growth, particularly with the introduction of pizza to the menu.
The seller is willing to provide training to the new owners to ensure a smooth transition and share insights into the operations that have contributed to the business's success.
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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.
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.'.
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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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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.
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