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Business for sale in United Kingdom - 8734wr lh 220,000 fish & chip shop worcester

| Asking Price: | 220,000 £ | |
Real Estate: | Lease | |||||||
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| Sales Revenue: | 0 £ | ||||||||||
| Net Profit: | 0 £ | ||||||||||
| Year Established: | 2004 | ||||||||||
| Employees: | 1FT, 2PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Accommodation & Food services
Business categories:
Fast Food Restaurants
Business description

THE BUSINESS 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 3 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. It is fully equipped for purpose and includes: 3 fryers 3 kebab machines Bain marie Salad bar 4 hot displays Microwave Batter mixer Chipper Peeler Drawer freezer Lucozade chiller Walk in fridge and walk in freezer 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% Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES Ground floor premises, decorated and equipped to a very high standard with attractive frontage with a side entry door leading to the fully tiles sales area and side counter service and comprising of: Ground Floor Customer queuing area Rear of counter is a triple kebab machine, salad bar, lucozade chiller, microwave, 3 fryers, 4 glass hot display, bain marie, walk in fridge Through to rear stores with batter mixer and peeler Separate chiller area with w/c and rear exit to garden TENURE: Leasehold Original lease: 25 years Remaining lease: 10 years Review every: 5 years Rent: 6,760 per annum We are advised that the annual business rates are currently: 600
Additional information

| Additional information: | download |
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| Support & training: | Not Disclosed |
| Reasons for selling: | emigrate. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate

| Ownership: | no |
|---|---|
| Lease: | yes |
| Lease terms: | Leasehold Original lease: 25 years Remaining lease: 10 years Review every: 5 years Rent: £6,760 per annum We are advised that the annual business rates are currently: £600 |
| Location: | LOCATION The chip shop is ideally located on a small shopping parade with the surrounding upmarket area being predominantly residential. Other shops on the parade include: a butchers, convenience store, book makers, angling centre, public house and a fruit and veg shop. Nearby are two local schools with the children frequenting the shop at lunch times and on the way home. There are excellent free parking facilities directly in front of the shop and in the nearby surrounding streets. |
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