FOR SALE
649044
The Otley Run Fish Bar is located on a bustling stretch of Otley Road, which leads directly to the vibrant Leeds city centre. This established fish and chip shop has been operational for an impressive nine years, earning a positive reputation among locals and visitors alike. Currently open from Tuesday to Wednesday, 11:30 am to 8:00 pm, and Thursday to Saturday, 11:30 am to 8:30 pm, there is considerable potential for expanding trading hours to include lunch and teatime services. The business boasts ample parking at both the front and rear, as well as easy-to-access restroom facilities. Notably, it enjoys a commendable rating of 4.6 on Deliveroo, further highlighting its popularity within the community. Regrettably, the owner is forced to sell due to pressing health issues.
With a prime location and numerous advantages, this fish bar presents an exceptional opportunity for new ownership. The fusion of a modern, well-equipped kitchen and a bright, welcoming customer service area enhances the overall dining experience. Compliance with necessary health and safety regulations ensures the business meets all operational standards, with available cleaning supplies and fire safety equipment included in the sale.
In terms of competition, the area has minimal rivalry, as there are no other fish and chip shops within a few miles, providing a distinct advantage to the Otley Run Fish Bar. Nearby amenities such as a Co-op, a post office next door, and an Italian restaurant to the left offer additional foot traffic and attract potential customers. The shop also features a significant online presence across platforms like Google, Deliveroo, and Instagram, making it well-positioned for robust advertising and marketing opportunities.
Included in the leasehold price of £75,000 are all stock and fixtures, which means new owners can immediately begin operations without a significant capital outlay. The current turnover stands at £208,000, reflecting steady growth in recent years, indicative of the shop’s successful performance. With one employee currently assisting in daily operations, potential buyers have the option to expand staffing as needed.
In summary, the Otley Run Fish Bar combines an ideal location, a solid customer base, and numerous growth possibilities, making it a compelling choice for anyone looking to enter the food service industry. This opportunity is not to be missed.
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.
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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.
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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.
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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