Leasehold Fish & Chip Shop
Location:
United Kingdom
->
Worcester
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
ASKING PRICE: LEASEHOLD: 220,000 + SAV.
Advent Business Sales is delighted to have been instructed to offer to the market this award winning, extremely popular fish and chip shop with excellent further potential.
Established over 15 years ago and in the proud ownership of the current vendor for 33 years, it is only now being reluctantly offered for sale as the owner plans to emigrate.
The business offers a traditional fare which includes:
Fish & chips
Burgers
Kebabs
Sausages and pies
Southern fried chicken
Kids meals
Bread rolls and salads.
Our client advises that the turnover has increased considerably since taking over and feels that this is due to the excellent range and quality of food on offer.
The business benefits from minimal local competition and from excellent low cost rent and rates, which at only 7,360 per annum combines includes a first floor one bed apartment.
The premises are beautifully decorated with floor to ceiling ceramic tiles throughout with hooded extraction and all the food prep areas in stainless steel.
The chip shop has previously won an award as a Midlands regional winner for the best fish and chips and has also been a UK national finalist.
STAFF DETAILS
The business employs one full time and two part time members of staff
TRADING HOURS
Mon Fri: 11.30am 2.00pm
& 4.30pm 11.00pm
Sat: 11.30am 9.30pm
EXPANSION POTENTIAL
The business, whilst trading very successfully, has excellent scope to increase both turnover and profits further by:
1. Staying open longer in the evenings
2. Opening on a Sunday
3. Offering home delivery service
4. Selling pizza
5. Expanding into the next door shop
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Weekly sales: 3,500 - 4,000
Gross Profit: 80%
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 2004
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Reason For Selling: Emigrate.
Photos
View Larger Photo(s) Of Business
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
|
Print Listing Id: 70090344
|
Business and Commercial Loans
Over 300 Lenders are waiting to help you with Financing for Business Purchase, Franchise, Commercial Mortgage or Equipment - Get Financing Now!
|
|
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
|
|
|
