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Easy To Operate Fish And Chip Shop In London For Sale

London,UK, ID 139953

Easy To Operate Fish And Chip Shop In London For Sale 1
Easy To Operate Fish And Chip Shop In London For Sale 1
Asking price:
GBP £230 000
Turnover (per year): £416 000 gbp
Owner
Owner's representative
179 business for sale

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Description

South East London. Same ownership since 2007. Well maintained, very spacious and prominent fish and chip takeaway with no home deliveries. Consistently high turnover generated from a relatively simple menu. Long-established business located on a busy main through route, serving a densely populated surrounding area with a large catchment. Genuine retirement sale due to health reasons.

Tenure: It is understood that approximately 14 years remain on the lease, with a current annual rent of £16,750 for a large corner unit.

Trading figures: We have been informed by the vendor that weekly turnover averages £8,000. The business is operated by a husband and wife team, offering a traditional fish and chip menu together with fried chicken.

There is clear potential to introduce a home delivery service and expand the menu, which is expected to increase sales significantly.

Trade equipment: A full range of equipment is included, briefly comprising a three-pan Sussex counter range, Casio till system, pressure fryer, toaster, griddle, microwave oven, two chest freezers, stainless steel fish keeper fridge, chipper, and 56lb potato peeler. The above equipment has not been tested by Rosens. A full inventory will be provided prior to completion.

Special remarks: The vendor has owned this business since 2007 and is selling reluctantly due to health issues, having established a strong reputation and a loyal customer base that delivers consistently high takings. These results could be further improved through the introduction of home deliveries and menu expansion. This represents a strong opportunity for capable new ownership to develop the business further, which will be evident upon inspection. Personally inspected by the sole selling agents.

Details

Real Estate: Lease
Employees (ppl): 2
Asking price: 230 000 gbp
Turnover (per year): 416 000 gbp
Rent (per year): 16 750 gbp

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