CONFIDENTIAL
FOR SALE
644507
Established in 1995, this well-known fried chicken shop has been under the same ownership and management for nearly three decades. Renowned for its delicious fried chicken and pizzas, the business has earned an impressive Food Hygiene Rating of 5, ensuring that customers can enjoy their meals with confidence.
The establishment boasts outstanding ratings on popular delivery platforms, with a perfect score of 5.0 stars on Just Eat and a commendable 4.3 stars on Uber. Such accolades reflect the consistently high quality of food and service that customers have come to expect.
In July 2021, the shop underwent a comprehensive refurbishment, with a significant investment of £40,000 enhancing both its aesthetics and functionality. This renovation included the installation of new fixtures and fittings, providing a modern and welcoming atmosphere for guests. The shop is equipped with state-of-the-art equipment that supports efficient operations, further improving the customer experience.
Established Success and Growth Potential
The business has been successfully operating for over 30 years, supported by a loyal customer base and a steady flow of repeat business. Its strategic location on a busy road attracts both local residents and passing trade. Additionally, the availability of indoor seating and a late-night trading licence allows for extended operating hours, catering to a diverse clientele.
Business Overview and Opportunities
Current employees include five staff members and two drivers, contributing to the shop's smooth operation. Furthermore, the new owners will benefit from the existing goodwill and strong reputation of the business. An online presence is already established, enhancing visibility and accessibility for potential customers.
The owners are offering comprehensive training for a few weeks to ensure a seamless transition for the new proprietors. The leasehold is available for purchase at £80,000, with an annual rent of £14,400, making this an attractive investment opportunity for aspiring business owners.
Reasons for Sale
Having built a successful establishment, the current owners are looking to sell in order to retire, presenting a rare opportunity for new ownership to take the helm of an efficient and beloved local business
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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