Fish and chip shop for sale in Wigan, Manchester, known as Hooked on Success.
Wigan, Manchester
- Status
FOR SALE
- Advert ID
651396
- Reference
B09623 / Rightbiz
- Call Agent:
- Leasehold: £199,995
- Turnover: £385,000 (£7,404 per week)
- Profit: £46,000 (12% Profit margin)
Business Details
Hooked on Success – Thriving Fish & Chip Shop with Loyal Local Following
BusinessPlease quote reference B09623
CoGoGo is delighted to bring to the market A Fine Kettle Of Fish, a much-loved and well-established fish & chip shop located in the heart of Platt Bridge, Wigan.
Renowned locally for its traditional English fish and chips, the business has built a loyal customer base and stands out as the only English fish & chip shop in the immediate area.
Trading successfully since 2019 under the current ownership, the business enjoys a consistent customer base, strong social media engagement, and an excellent local reputation. The modern and welcoming setup offers a fantastic opportunity for a new owner to step into a profitable, turnkey operation with further scope to expand delivery services, opening hours, or online marketing.
The business is now being offered for sale due to retirement.
Early viewing is highly recommended.
Location
Situated on Walthew Lane in Platt Bridge, Wigan, the business occupies a prominent trading position within a popular residential area, benefiting from regular passing trade, repeat local custom, and excellent community presence.
Premises
The premises are well presented and fully equipped to support the day-to-day running of the business. The shop offers a modern takeaway environment with professional catering equipment and operational space suitable for high-volume trading.
Tenure
We are advised that this opportunity is being sold on a Leasehold basis with an annual rent of approximately £15,000. The business currently operates on a rolling lease agreement.
Hours
The current operating hours are:
Monday to Wednesday - 11:00 am to 8:30 pm
Thursday & Friday - 11:00 am to 9:00 pm
Saturday - 11:00 am to 8:00 pm
Sunday - Closed
Staff
The business is operated with the support of 9 staff members, including one long-standing employee with over two years of service.
Financial Profile
We are advised that the business generates an annual turnover of approximately £385,000 with a reported net profit of circa £46,000. Assets are included within the sale and are valued at approximately £100,000. The business also benefits from a business rates exemption.
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Listing Statistics
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Stay Safe
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.
Be safe, use a Rightbiz Solicitor
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