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Leasehold Fish & Chip Takeaway in South Birmingham Available for Sale

Birmingham, West Midlands
Leasehold Fish & Chip Takeaway Located In South Birmingham Photo 1
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Leasehold Fish & Chip Takeaway Located In South Birmingham
  • Leasehold: £79,950
  • Turnover: £260,000 (£5,000 per week)
  • Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway Located In South Birmingham

Leasehold Fish & Chip Takeaway Located In South Birmingham
Prominent Town Centre Trading Position
Established Business
Fully Fitted
Ref 3283

Asking Price £79,950 plus SAV (£2,000)

Location
This established Fish & Chip Takeaway is located in a South Birmingham town centre location.

Business Description
Veritas Business sales offer to the market this respected Fish & Chip Takeaway which is located in South Birmingham. The business was established by our client back in 2010 and is now being offered for sale so that they can enjoy a well-deserved retirement.
Since ownership there has been continual investment in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The takeaway is owner operated with the help of 2 part time members of staff and has an average weekly turnover of circa £5,000 on just 34 hours trading. Most of the trade is from walk-in customers with around £700 derived from the Uber Eats delivery platform. The menu offers a fine range of fish & chips, kebabs, pasties, pies, sausages, savouries, burgers, condiments, and cold drinks.
We believe that there is further potential to increase revenue should you wish to do so, by extending the current opening times, opening on Sundays and pushing the online delivery platforms. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a fantastic opportunity to purchase a turnkey operation which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Friday – 12:00 – 14:00 – 17:00 – 21:00
Saturday – 17:00 – 21:00
Sunday – closed

Leasehold
Term: 20 years
Remaining: 5 years
Rent: £12,500 pa
Business Rates: zero

Ground Floor
Takeaway with stainless steel server over sales counter, EPOS till & cash drawer, 3 pan range (Hewigo) with chip box, scraps box and 3 x warming cabinets. Saladette with 2 door under-counter fridge (Polar), 2 slice toaster, dual kebab spit (Archway), single kebab spit (Archway), kebab meat shaver, kebab meat catcher, extraction canopy, 6 pot wet bain-marie, worktop with base units and drawers, 5 x menu boards, under-counter drinks fridge (Coca-Cola), panini press (Scoville), microwave (Samsung), stainless steel wash basin, wall mounted paper towel dispenser.
Prep room with stainless steel upright freezer, stainless steel table, batter mixer (Bold), extraction canopy, 4 ring gas hob/oven (Flavel) small stainless steel table, vinegar barrel, walk-in chiller, under-counter fridge (Hotpoint), dual stainless steel sink with stainless steel wash basin & directional hose, wall mounted paper towel dispenser, stainless steel upright freezer.
Dry stores with 2 x storage units.
Chipping room with potato peeler (Bold), potato chipper (Bold), stainless steel potato soak tank, 4 x plastic chip bins, potato storage area, commercial hot water boiler (Vokera).
Toilet with wash basin.
Storeroom.
The shop benefits from electric roller shutters to the frontage

External
Double garage. Rear service road with parking for (2).

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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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