Busy Sheffield Fish And Chip Shop And Restaurant For Sale

Business description

Busy Fish & Chip Takeaway with 40 seater restaurant.
reduced from £35,000
REDUCED TO BEST OFFER OVER £18,000 FOR QUICK SALE.
FIRST SERIOUS OFFER WILL SECURE THE BUSINESS.
NO TIME WASTERS PLEASE.only contact me if you are serious.

Shop is newly fitted and equipped with the latest modern equipment.
Modern chipper. Modern 3 pan HOPKINS range with all safety features.
Range is like new because it has only been used for 2 hours a day
£25,000+ worth of top equipment.
The shop is in the PERFECT location - just 3 mins drive from MEADOWHALL (huge shopping centre)
4 mins drive from sheffield town centre.
The shop is on the main road on the way to the M1. very convenient for customers to drop in.

The shop is currently taking £1200 a week on just 16 hours a week.
11.30 – 1.30pm 6 days a week. Two evenings only (4.30pm - 6.30pm). Easy to run.
Currently the shop is staff run, with owner helping when needed.
Excellent location in a commercial area and residential area.
HUGE POTENTIAL to increase sales by further marketing as area is full of factories, offices, shops etc.

I have already started the marketing process. I have had a HUGE RESPONSE from the advertising.
Sales are now up from £700pw in Jan / Feb to £1200 - £1500 per week now in May.
Within 3 months the shop will be taking at least £2000 - £2500 a week as the sales are increasing every week.

Sales are going up each week. Customers love the food and lots of regular customers.

great business if you want to net £800+ per week for short hours (16 hours a week)

If you are prepared to work more hours - you can earn much more.

Very spacious shop with plenty of space to expand the operation.
Operation could also be expanded to include pizzas, burgers, kebabs and open more evenings
Secure 15 year lease with low £8000 annual rent and no rent reviews for the first five years
Genuine reason for sale. RARE opportunity for the astute buyer.

This is an easy shop for anyone to take on and run.

At the current price of £18,000 the shop is well UNDER PRICED and perfect for anyone who wants to run a
successful fish and chip shop. I will give full training and support to any buyer.

This is a no-risk venture as I have already proven the business by increasing (doubling)
the sales with very little effort within just a month

I will also consider a 50/50 joint venture with a suitable candidate who has the time to take over
the day to day running of the shop. You will pay £12,000 for 50% of the business. I will continue to
build the business and then we eventually sell for £90,000 - £120,000 when sales are at £3000+ per week

Major advantages of this business.
1. Lots of top equipment £25000. £15,000 worth of HOPKINS range (only used for 2 hours a day)
2. Perfect location. 3 mins meadowhall. 4 mins town centre
3. 40 seater modernised restaurant
4. Sales increasing every week.
5. SHORT hours. lunchtimes only + just two evenings Thurs / Fri 4.30pm -6.30pm
6. LOW overheads
7. Priced well below market value. Exceptional business opportunity
8. Partnership offered tf suitable candidate
9. NO RISK as I have already increased the sales in a month
10. LOTS of upside potential. will easily reach £2500+ a week in a few months

When was the last time you had an opportunity like this?

Property information

Property:

Leasehold

Lease terms:

15 year lease. No rent reviews until year five. New lease can be granted for a different period if required.

Leasehold rent:

£8,000 per annum

Living accommodation:

none

Location:

Busy Commercial area surrounded by factories, offices, shops.
Also just minutes from redisdential area. So shop has customers that are commercial and residential.

Premises details:

large premises with plenty of room for expansion. Newly renovated restaurant area.

Other information

Expansion potential:

HUGE potential to expand the business.
business currently only opens 11.30 - 1.30pm (2 hours a day - lunch times only) and thurs/fri 4.30pm -6.30pm
Traditional menu - could be expanded to include BURGERS, KEBABS.
SANDWICHES are also another area of easy expansion - as these can be easily delivered.
Also could open evenings and also do PIZZAS (delivery)

Competition / Market:

very little competition as only one other fish shop in the area, and HUGE customer base in the area as people are hungry at lunchtime

Support & training:

Full training will be offered to any potential buyer if required.

Reasons for selling:

moving abroad, Other commitments means I don't have time to run this shop.

Trading hours:

Mon - Sat 11.30 - 1..30pm
Thursday/Friday 4.30pm -6.30pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

I am willing to partner with the right candidate who is willing to take over the day to day running.
Ideal for someone new to the business as I will be always at hand and I will continue to market the business
and get it to £2500+ a week, at which point it will be worth more than twice the current value.

Furniture / Fixtures value:

£25,000 (included in the asking price)

Inventory / Stock value:

£1,000