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Seaside Town Fish & Chips Shop for Sale in Worthing, West Sussex - Huge Potential

Worthing, West Sussex, ID 232373

Seaside Town Fish & Chips Shop for Sale in Worthing, West Sussex - Huge Potential 1
Seaside Town Fish & Chips Shop for Sale in Worthing, West Sussex - Huge Potential 1
Asking price:
GBP£75 000
Turnover (per year): £218 000 gbp
Net profit (per year):£93 600 gbp
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Description

Fish & Chips takeaway for sale in a prime location in Worthing with strong potential for further growth, including extended opening hours and the addition of new product lines such as pizzas.The business is a fully refurbished fish and chip shop that opened a couple of years ago and is already well known in the local area. It is located in a busy parade of shops and benefits from very low rent and no business rates.The business has a strong customer base across multiple platforms including Just Eat, Uber Eats, Deliveroo, the company website, and telephone orders. The majority of orders are generated through the business’s own website, which is actively promoted. The location benefits from high footfall, with a supermarket, local businesses, schools, and offices nearby, and the seafront only a short three-minute walk away.The premises offer both collection and delivery service, with limited seating available inside. The business currently trades seven days a week from 4pm to 10pm and is operated by a small team of staff and two delivery drivers. There is clear scope to increase turnover by extending opening hours.The shop is fully equipped and includes a serve-over counter, cash register, three pan Florigo range with chip box and scraps box, food warming cabinets, food preparation and refrigeration equipment, extraction canopy, upright freezer, griddle, chest freezers, potato preparation equipment, batter mixer, and full stainless steel preparation areas. Additional facilities include a chipping room, storage rooms, staff changing area, toilets, and rear yard with bin storage.The leasehold opportunity is priced at £75,000 plus stock, with 10 years remaining on the lease. Annual rent is £12,000 and there are no business rates payable. Turnover details are available on request. The sale is due to other commitments and the owner is seeking to purchase another business.

Details

Real Estate: Lease
Employees (ppl): 2
Reason for selling: Pursuing other opportunities
Asking price: 75 000 gbp
Turnover (per year): 218 000 gbp
Net profit (per year): 93 600 gbp

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