Summary
- Asking price:
-
£200 < 500k
- Sales revenue:
- £200k < 500k
- Net profit:
- £100k < 250k
- Years established:
- 1.5
- Employees:
- 3
Business description
Offer to sale this busy well presented pedestrianised High Street Fish & Chips restaurant, year round trade with high net turnover and good profits. Also serving Kebabs, Burgers and Southern Fried Chicken and with the added benefit of an eat in restaurant with 52 covers. The property has the further benefit of spacious 4 bed roomed accommodation. Operated by the vendor and three full time staff the business is an easily managed premises.
Property information
- Property:
- Leasehold
- Lease terms:
- 23 yrs Leasehold, five floor levels including basement used for food preparation, with cold rooms for freezer and fridge. takeway ground floor, restaurant 1st floorwith toilets, office floor with toilets, and accomodation floor.
- Living accommodation:
- 4 bed 1 shower accommodation on the top floor. 4th floor.
- Location:
- The chip shop is located on the main high street in Southend-on-Sea Essex. The business benefits from a pedestrianised high street, main local shopping mall, and no other restaurant in the immediate vicinity. Car parks all around, allowing customers time to collect food.
Other information
- Expansion potential:
- The business offers scope to grow by using third empty floor as restuarant or renting out as office space.
- Competition / Market:
- The business is the only fish and chip shop on the high street. There are some cafes and tearooms and two pubs but these do not cater for takeaway food.
- Support & training:
- The buyer will be given full training as much is required.
- Reasons for selling:
- Business is non-core to other ventures.
- Trading hours:
- 11am-11pm, Monday to Sunday, Late night opening license available for use on weekends.
- Financing available:
- Ask for details...
- Furniture / Fixtures value:
- £90,000
- Inventory / Stock value:
- £45,000