Fish and chips business for sale in Torquay Devon with new equipment and no local competition
Torquay, Devon
- Status
FOR SALE
- Advert ID
639989
- Leasehold: £25,000 (Stock at valuation)
- Rent: £10,800 (£900 per month)
- Turnover: £93,600 (£1,800 per week)
- Profit: Not Applicable
Key Features
- Town Centre location
- Potential for Alternative Use
- Close to Local Amenities
- New Lease
Business Details
Fish and chips for sale in Torquay Devon
For sale: a fish and chips business located in Torquay, Devon. This recently established venture offers a prime opportunity for potential buyers, complete with brand new fryers and kitchen equipment.
The business is situated in a modern, well-equipped premises that benefit from a strategic location with high foot traffic. It has built a reputation for excellent service, supported by an established customer base. Additionally, the sale includes all necessary fixtures and fittings required for efficient food preparation and service.
This business has only been operational for one month, and the current owner is selling due to health issues. The area boasts nearby amenities, such as shops and restaurants, which attract additional customers. Notably, there is no direct competition in the vicinity, providing a unique advantage for the new owner.
The asking price for the leasehold is £25,000, with an annual rent of £10,800. The current turnover stands at £93,600, indicating strong earning potential from the outset. Although the business is new and has yet to experience a turnover increase, there is room for growth.
The business also has an online presence through Just Eat, which can help in generating additional sales. The current owner is willing to provide training opportunities for the new owner to ensure a smooth transition and continued 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.'.
Stay Safe
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.
Stay Safe
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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