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Business for sale in United Kingdom - 8680rg berkshire lh 299000 fish & chip shop
| Asking Price: | 299,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 1 £ | ||||||||||
| Net Profit: | 1 £ | ||||||||||
| Year Established: | 1983 | ||||||||||
| Employees: | 2FT, 4PT | ||||||||||
| # of family members employed: | 1FT | ||||||||||
| Location criteria: |
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Business types:
Accommodation & Food services
Business categories:
Fast Food Restaurants
Business description
THE BUSINESS Advent Business Sales is pleased to have been instructed to offer for sale this extremely well established fish and chip shop. The business, which was founded by our vendor over 25 years ago, is now being reluctantly offered to the market to enable him to semi retire and spend more time with his family. The shop offers all the usual services. the equipment includes: 6 chip fryers 1 fish fryer 2 pressure fryers Large counter unit Large hot food display unit Ice cream freezer Ice cream cone machine 1 single and 1 double drinks chillers 2 chest freezers 1 upright freezer 1 upright fridge chipper peeler walk in freezer STAFF DETAILS The shop employs 3 full time members of staff including the vendor and 4 part time members of staff. Turnover is an outstanding 8,000 per week. TRADING HOURS Mon Sun: 11.00am 1.00pm EXPANSION POTENTIAL Our vendor clearly has a successful fish and chip shop but believes there is still scope to expand turnover and profits further by: 1. Extending the range of the menu to include kebabs, pizza and hot drinks 2. Offering a home delivery service 3. Extending the opening hours at weekends FINANCIAL INFORMATION We have been advised by the vendor of the following: Weekly sales: 8,000 Gross Profit: 65% 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 Highly visible corner plot ground floor lock up. Ground Floor Centre opening floor with good bright entrance into shop 8 seats for eating in Attractive serving counter which runs the full width of the shop Hot food display to rear of counter together with cold drinks chillers and ice cream dispenser and freezer Other freezers, chips and fish fryers and pressure fryers to the rear together with stainless steel sink and wash basin Cloakroom and wc Rear chip prep room includes peeler, chipper, fridge and large walk in freezer Rear door to car park and side street
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | Not Disclosed |
| Reasons for selling: | spend more time with his family. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | Leasehold Original lease: 25 years Remaining lease: 15 years Review every: 5 years Rent: £25,000 P.A. We are advised that the annual business rates are currently: £3,600 |
| Location: | LOCATION Our client occupies a prime and highly visible location on a busy main road, which is predominately retail based. The surrounding area is however, mainly residential with a very high percentage of properties being occupies by students, who attend nearby Thames Valley University which is only a 2 minute walk from the shop. The shop has allocated space for staff and there are plenty of on street parking very nearby. Due to the proximity of the university there is extremely high level of footfall. |
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