Fish & chip/hot food shop established 36 years in wealthy catchment area.
Undisclosed
- Status
FOR SALE
- Advert ID
652869
- Reference
NL12480 / Rightbiz
- Call Agent:
- Leasehold: £75,000
- Turnover: £260,000 (£5,000 per week)
- Profit: On request
Business Details
Established fish & chip hot food shop with same ownership 36 years in wealthy catchment area.
Key features
- 36 years under same ownership — retirement sale
- £5,000 weekly turnover on minimal hours
- End of parade location serving affluent catchment area
- Approx. 9 years remaining on lease at £24,000 p.a.
- Trades just 1 lunch and 6 evening closing 9.00 pm latest
About this business
Well established shop with a strong reputation having been owned by our client for the past 36 years and is now offered for sale due to pending retirement. Currently operates just 1 lunch and 6 evenings closing 9.00 pm latest offering good scope for additional trading. Good position close to local amenities within sought after highly populated neighbourhood with a wealthy catchment area. Ideal location, blending city conveniences and village appeal.
Trading figures
We have been informed that the weekly takings are £5,000 over just 1 lunchtime and 6 evenings closing 9.00 pm latest, being a mixture of fish & chip sales and Greek food. About two thirds of turnover is counter trade with the balance deliveries.
Trading hours
Operating easy hours which can be expanded. Monday through to Friday, 5.00 pm to 9.00 pm and Saturday, 1.00 pm to 9.00 pm. Sunday ,closed. ( Just 1 lunchtime and 6 evenings ).
Business premises
Firmly established at end of parade having a charming fully glazed shopfront with recessed entrance and a large full width coloured spotlit fascia. The older style interior has tiled walls & flooring, hanging lights and a counter frying range running to side. Behind which is long cooking section with stainless steel clad walls and a overhead extractor, continuing through to a kitchen. Adjoining is general tiled preparation facility fitted with a double sink unit having shelving above, large storage cupboards plus incorporates potato working space and houses a walk in cold room. To the rear there is access to service road leading out to the side street used for deliveries. The premises would benefit from updating.
Trade equipment
Trade inventory to include a 2 pan Sussex counter range, glass fronted display cabinet, digital till, charcoal grill with rotary spit, small drink chiller, large commercial gas oven, 2 microwave ovens, 2 chest freezers, heated cabinet,kebab machine, stainless steel fish keeper, walk in cold room, 2 pot bain-marie, chipper and peeler.
( The above items of equipment have not been tested by Rosens ).
Trading position
Long established end parade shop facing active route close to the village green within a highly populated sought after neighbourhood with the benefit of a large affluent catchment area surrounding. In close proximity is main line station, bus stops, pubs, sorting office etc. Ideal location, blending city convenience and village appeal.
Special remarks
Our client has successfully trade here for the last 36 years and is now looking forward to his pending retirement having built up a good reputation within the community. There is good scope to extent the openings, trade on a Sunday and with modernisation trade will surely soar. Realistically priced allowing for updating.
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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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