Fish and chip shop for sale in Peterborough Cambridgeshire with loyal customer base
Peterborough, Cambridgeshire
- Status
FOR SALE
- Advert ID
652773
- Reference
B09663 / Rightbiz
- Call Agent:
- Leasehold: £119,995
- Turnover: £320,000 (£6,154 per week)
- Profit: £94,000 (30% Profit margin)
Business Details
Catch the Opportunity – Profitable Fish & Chip Shop in Prime Location
BusinessPlease quote reference B09663
CoGoGo is delighted to bring to the market a well-established fish & chip shop operating from a prominent trading position in Peterborough.
This successful business enjoys a loyal customer base and benefits from excellent visibility thanks to its striking double-fronted frontage and eye-catching signage. The premises are fully equipped and ready for immediate operation, offering both takeaway and dine-in facilities from a spacious and well-presented setting.
Included within the sale is approximately £30,000 worth of stock, together with all fixtures and fittings required for continued trading. This is an ideal opportunity for an owner-operator or experienced hospitality entrepreneur seeking a profitable and proven business with further growth potential.
Viewings are to be arranged strictly by appointment only via CoGoGo!
Location
The business occupies a prominent position within Peterborough, benefiting from strong levels of footfall, passing trade and excellent visibility within a busy commercial area.
Premises
The business operates from an impressive leasehold double-fronted unit arranged over two floors. The premises feature bold external signage, a welcoming service counter, a customer seating area and a fully equipped commercial kitchen designed for efficient day-to-day operations.
All fixtures, fittings and equipment required to continue trading are included within the sale.
Tenure
Leasehold.
We are advised that a 20-year lease is in place, providing long-term security. Annual rent is approximately £23,000, with business rates of approximately £5,500 per annum.
Hours
The current operating hours are:
Monday to Saturday - 11:00 am to 10:00 pm
Staff
The business is run and managed by the owner with the support of two members of staff.
Financial Profile
We are advised that the business generates an annual turnover of approximately £320,000, with a net profit of approximately £94,000.
The business benefits from assets valued at approximately £80,000, with around £30,000 worth of stock included in the sale.
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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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