Mother Hubbard’s Fish & Chips Franchise in Streatham London Available for Sale
Streatham, London
- Status
FOR SALE
- Advert ID
653173
- Reference
B09678 / Rightbiz
- Call Agent:
- Leasehold: £270,000
- Turnover: £620,000 (£11,923 per week)
- Profit: £110,000
Business Details
Thriving Mother Hubbard’s Fish & Chips Franchise – Prime Streatham Location
BusinessPlease quote reference B09677
CoGoGo welcomes a profitable Mother Hubbard's fish and chips franchise in Streatham, South London, generating approximately £620,000 annual turnover and £110,000 net profit from a prominent Streatham Hill location.
Key Features:
- Established Mother Hubbard's fish and chips franchise
- Fully fitted and equipped operation
- Strong local reputation
- Active social media presence
- Delivery platform income streams
- Significant asset base estimated at approximately £150,000
- Excellent growth potential
The business occupies a prominent position on bustling Streatham Hill and benefits from a modern fit-out, established local reputation and multiple income streams. A substantial investment has been made in the operation, with an asset base estimated at approximately £150,000. Currently, stock is approximately £8,000, providing an incoming purchaser with an established and fully operational business.
Further growth could be achieved through enhanced local marketing, expansion of delivery coverage, corporate catering, increased social media advertising, community partnerships, promotional events and extended trading initiatives.
Viewings to be arranged strictly via appointment only.
Location
Situated at 96 Streatham Hill, London SW2, the business enjoys a prominent trading position on a busy arterial route through Streatham. The area benefits from high levels of passing traffic, excellent public transport links and a large residential catchment, making it an ideal location for a thriving takeaway and restaurant operation.
Premises
The business occupies attractive leasehold premises which have been fitted out to a high modern standard, creating a bright, welcoming and contemporary environment for customers.
The premises are fully equipped to support the current operation and provide a turnkey opportunity for an incoming purchaser.
Tenure
Leasehold Opportunity.
- Lease Term: 20 years
- Remaining Lease: Approximately 19 years
- Current Rent: £18,000 per annum
Hours
The current operating hours are:
Monday to Sunday - 12:00 pm to 12:00 am
Staff
The business is currently operated by a team of 6 staff members, enabling smooth day-to-day trading.
Financial Profile
We are advised that the business generated:
- Annual Turnover: Approximately £620,000
- Net Profit: Approximately £110,000
- Current Stock Holding: Approximately £8,000
- Business Rates: Approximately £4,000 per annum
The substantial asset base is estimated to be in the region of £150,000, providing an incoming purchaser with a fully equipped and operational business from day one.
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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.
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