CONFIDENTIAL
FOR SALE
657561
ESS10628 / Rightbiz
Key features
About this business
A firmly established fish & chip takeaway, restaurant and delivery business in the centre of Waltham Abbey, currently turning over £6,000 to £7,500 a week with year-round trade. Held on a long, secure Council lease and well fitted throughout. After six years of ownership the vendor is offering a genuine sale, with clear scope for an owner-operator to extend the trading week and lift takings further.
Trading figures
Weekly turnover sits between £6,000 and £7,500, with roughly 70% coming through the takeaway counter and a smaller restaurant trade, and the balance from delivery sales. The shop currently closes on Sundays and runs shorter evenings than many comparable operations, so a hands-on owner willing to add a Sunday session and trade later into the night has an obvious and measurable route to growth.
Trading hours
Monday: 12.00 noon – 10.00pm. Tuesday to Saturday: 11.30am – 10.00pm. Sunday: closed. Sundays and later evenings remain untapped.
Business premises
A mid-terrace unit within a parade of five shops, with a wide fully-glazed shopfront, twin entrance doors and a large lit coloured fascia overhead — a smart, confident street presence. Inside, the customer area is pleasantly styled with tiled flooring, painted walls finished with a dado rail and a suspended ceiling, currently seating twelve covers in comfort with room to double the seating capacity if a buyer wants to push the restaurant side harder. The three-pan Hewigo counter range sits behind an attractive fluted frontage, with the cooking section clad in stainless steel beneath an overhead extractor canopy and a menu display above. To one side is a generously sized, mostly tiled preparation area that incorporates the potato works and store and a double stainless-steel sink, with access through to a rear stock room and a covered yard where deliveries are taken in.
Trade equipment
The headline item is a three-pan Hewigo counter range — a serious, well-regarded piece of frying kit and a substantial chunk of the asset value on its own. Also included: a charcoal grill, computer till, triple-door under-counter fridge, numerous additional fridges and freezers, a four-pot bain-marie, pressure fryer, fish keeper, microwave oven, chipper and peeler. A full trade inventory will be provided prior to completion.
Trading position
An established pitch on a small parade of five shops just outside the pedestrianised shopping area of this historic market town. The immediate surroundings include local and national retailers, supermarkets, several pubs and a street market, and the wider locality is densely populated with a large residential catchment. The town also draws visitors to its places of interest, which together with the resident trade keeps takings steady right through the year.
Special remarks
Our client bought this well-known shop six years ago and has improved it into the smart, bright and airy unit on offer today — something a viewing will quickly confirm. The combination of a long, secure Council lease, an established three-channel trade and an obvious gap in the trading week (Sundays and later evenings) means a capable owner-operator has a clear path to grow what is already a steady year-round business. A genuine sale after six years of ownership.
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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