Fish and chips restaurant for sale

A rare opportunity awaits to acquire a highly profitable fish and chips takeaway and seafood restaurant, both operating successfully from a prime high street location. This well-established business features two thriving components: a busy takeaway service and a dine-in seafood restaurant, generating multiple income streams under a single business umbrella.

The establishment boasts an impressive turnover of approximately £14,000 weekly, with a profit margin of around £3,500, thanks to a loyal customer base and an excellent local reputation. With a fully equipped commercial kitchen already in place, the business enjoys robust trade, both for dining in and takeaways.

Currently, the restaurant does not utilise popular delivery platforms such as Deliveroo, Uber Eats, or Just Eat, which presents significant growth potential. Additionally, the premises have the flexibility to accommodate various other cuisines and hospitality concepts, allowing for the possibility of diversification.

The business is supported by an experienced team of six staff members, ensuring smooth daily operations and providing an easy transition for a new owner. With a low annual rent of approximately £29,000 and strong profit margins, this venture is positioned for success. The owner is reluctantly selling due to other commitments, making this an exceptional opportunity for someone looking to build on an already successful model.

Business Highlights

The asking price for this exceptional turnkey business is £290,000, and all accounts, bank statements, and business figures will be made available to serious buyers. Genuine enquiries and cash buyers are preferred, with a request for no time-wasters.

• Traditional British menu featuring the iconic fish and chips.
• Dishes are freshly prepared using quality ingredients for an authentic taste.
• The restaurant provides a cozy atmosphere that welcomes diners.
• A diverse range of sides, including mushy peas and tartar sauce, complements the main offerings.
• Located in a prime area, the business enjoys high foot traffic and strong customer loyalty.

Established Success and Growth Potential

Having been established for five years under current ownership, the business benefits from a strategic location in the heart of the town centre. It attracts high footfall, aided by passing traffic and nearby parking, alongside excellent public transport links. Surrounding amenities, including established restaurants, cafés, pubs, supermarkets, retail shops, and local services, contribute to a sustainable customer base throughout the year.

In terms of competition, this business has a unique offering, combining a strong local reputation with limited direct competition in providing both dine-in and takeaway seafood options. All fixtures and fittings are included in the sale price, enhancing the value proposition for prospective buyers.

Conclusion

The current owner reports no increase in turnover over the past year, but this indicates a stable operation for a new owner to build upon. Furthermore, training opportunities will be offered to assist in the transition. With all stocks included in the sale price, this venture not only boasts immediate income potential but also considerable prospects for future growth.