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CONFIDENTIAL
FOR SALE
655898
Established in 2009, this charming family-run fishmonger and delicatessen located in Streatham Hill, London, is now available for sale. Renowned for its unique offerings, the shop specializes in grade one fish and organic produce, creating a delightful shopping experience for customers. The business enjoys a strong reputation, driven by high customer satisfaction ratings and a loyal clientele.
With its prime commercial location, the shop benefits from excellent foot traffic and visibility, attracting a steady flow of customers. Situated near various amenities, including shops and restaurants, it offers easy accessibility, making it a popular choice for both locals and visitors alike.
The business operates under a secure leasehold at an attractive price of £70,000, with an annual rent of just £15,000. Included in the sale are all stocks, fixtures, and fittings, ensuring a seamless transition for the new owner. Additionally, there is substantial goodwill and asset valuation, enhancing the overall value of the business.
Operational Highlights
Over the years, the business has seen a significant increase in turnover, which currently stands at £155,000. The effective management of a small team of two staff members ensures a smooth operational flow. The current owners are willing to provide training for the new owners, equipping them with the necessary knowledge to continue the shop’s successful operations.
Competitive Advantages
This fishmonger stands out against local competition, particularly one other high street fishmonger that offers lower-grade products. Its commitment to health regulations and quality service has solidified its position as a reputable choice for customers. With a strong online presence and engaged social media channels, the business efficiently markets its offerings, further driving customer interest.
Future Potential
The shop also presents opportunities for growth and refurbishment, allowing new owners to further enhance its appeal and profitability. With flexible trading hours, a stylish retail area, and ample parking, it is well-positioned to accommodate both casual customers and serious buyers. Strong community ties and repeat trade contribute to the overall success of the business.
Overall, this fishmonger and deli is not just a business; it's a vital part of the community with untapped potential. Whether you are looking to continue its legacy or make your mark, this opportunity promises a fulfilling venture in the heart of Streatham Hill.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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