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B09785 / Rightbiz
Established for over 30 years, Gold River has built an excellent local reputation and benefits from a loyal customer base, strong online feedback and an established takeaway and delivery presence.
The business is currently operated by Gold River Fish and Chips Limited and has been in the present ownership for approximately one year. The owner is now offering the business for sale due to other business interests.
With an established name, affordable rent, no business rates, valuable equipment and genuine opportunities to increase trading, this is an exciting proposition for an enthusiastic new operator.
Gold River is a traditional British fish & chip takeaway with a trading history extending back more than 30 years.
The menu goes beyond classic fish and chips, with the current Deliveroo offering including fish dishes, chicken, pies and sausages, burgers, vegetarian choices, children's meals, sides and drinks.
The business has developed a strong online reputation. Tripadvisor currently displays a 5.0 rating from 26 reviews, while other online listings highlight positive customer feedback around the quality of the fish and chips, generous portions and friendly service.
The owner's own website describes the business as combining traditional cooking methods with quality ingredients, while customer feedback published online regularly references crispy batter, fresh fish, well-cooked chips and generous portions.
The business also already has an online delivery presence, including a live Deliveroo menu, giving an incoming operator a platform from which to further develop digital sales.
Location
Gold River trades from 124 Byron Road, Chelmsford, Essex, CM2 6HJ, serving the surrounding residential community and wider Chelmsford area.
The business occupies a position within the Byron Road parade. Online customer reviews also highlight the convenience of the location and nearby parking, while the premises are within easy reach of Chelmsford city centre.
Premises
The business operates from leasehold premises at 124 Byron Road, Chelmsford, CM2 6HJ.
The sale includes an extensive range of fixtures, fittings and equipment required for the continued operation of the business.
Tenure
We are advised that the original lease term was 15 years, with approximately 6 years remaining and the lease being renewable.
We are advised that the current rent is £8,000 per annum.
This represents an attractive occupational cost for an established food takeaway business in Chelmsford.
Hours
The current operating hours:
Sunday & Monday - Closed
Tuesday & Wednesday - 4:00 pm to 9:00 pm
Thursday & Friday - 4:00 pm to 9:00 pm
Saturday - 4:00 pm to 9:00 pm
Staff
We are advised that the business currently has three staff members.
The operation offers scope for an owner-operator or family team to become actively involved and potentially structure staffing around their preferred trading model and extended opening hours.
Financial Profile
We are advised that the business currently achieves an annual turnover in the region of £150,000.
We are advised that the assets are in the region of £60,000, representing a significant level of equipment and infrastructure already in place for an incoming operator.
We are advised that the current stock level is approximately £6,000.
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
Get Solicitor
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