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Fried Chicken Shop for Sale in Hatfield
An established fried chicken shop is now available for sale in Hatfield, Hertfordshire. The business boasts significant potential for growth and success.
The shop enjoys popularity within the local community, particularly among students who are looking for more dining options in the area. It has been recognized in a local newspaper's feature, ranking among the top five customer choices for the best takeaway in Hertfordshire.
Location and Amenities
The shop is conveniently located just a five-minute walk from the University of Hertfordshire, which has approximately 38,000 students enrolled. Additionally, it is situated near several warehouses like Yodel, DHL, and Arla, as well as across from a cinema, making it an attractive destination for a diverse customer base.
Market Competition
There is minimal competition in the area, with very few fast food restaurants, which presents a unique opportunity for the business to capture a larger market share.
Included Equipment and Staffing
The sale includes all necessary fixtures and fittings, such as the fried chicken and kebab machines. Currently, the business employs seven staff members who are integral to its operations.
Online Presence and Training
The business has an established online presence on popular delivery platforms such as Just Eat, Deliveroo, and Uber Eats, enhancing its visibility and customer reach. The current owner is also willing to provide one week of training to the new owners to ensure a smooth transition.
Financial Information
The leasehold price is £55,000, with a current turnover of £301,600. The annual rent for the premises is £16,500. Detailed financial accounts are available for review.
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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