Fish and Chips Shop for Sale in Telford, Shropshire
Telford, Shropshire
- Status
FOR SALE
- Advert ID
644825
- Leasehold: £70,000
- Rent: £10,500 (£875 per month)
- Turnover: £200,000 (£3,846 per week)
- Profit: On request
Business Details
Fish and Chips Shop for sale in Telford
We are pleased to present an incredible opportunity to acquire a well-established fish and chips shop that has been successfully operating for nine years. This business boasts a solid reputation for delivering top-quality fish and chips, alongside a diverse menu featuring delicious kebabs and burgers. The shop is particularly appealing due to its well-maintained premises and an affordable lease, making it an attractive venture for prospective buyers.
Located in a prime area with high foot traffic, the shop enjoys a steady stream of both local customers and visitors, which significantly enhances its visibility and sales potential. The fully equipped kitchen is fitted with modern appliances, ensuring efficient operations and allowing for increased productivity. Furthermore, prominent signage and effective branding play a crucial role in attracting customers and contributing to the shop’s distinguished presence in the market.
Growth Potential
This business presents considerable opportunities for growth, including the potential to diversify menu options and expand marketing efforts. By leveraging online platforms and local promotions, a new owner could significantly increase customer engagement and overall turnover.
Key Financials
The fish and chips shop is offered at a leasehold price of £70,000, with a current turnover of £200,000 and an annual rent of £10,500. This financial information underscores the profitability and viability of the business, making it a worthwhile investment for anyone looking to enter the food industry.
Proximity to Amenities
The business benefits from its strategic location near Wellington Market, a bustling hub that attracts numerous visitors each day. This proximity to other shops and restaurants not only enhances foot traffic but also creates opportunities for cross-promotion and collaboration with neighboring businesses.
In summary, this well-established fish and chips shop represents a unique investment opportunity with substantial potential for growth. With its strong reputation, prime location, and comprehensive facilities, it is poised for continued success in the competitive food market.
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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.
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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.
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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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