Profitable well established takeaway fish & chips plus restaurant area
Business for sale
Asking Price:
£155,000
Turnover:
£156,000
Annual profit:
£132,874
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
Location this business is located in dorset.We are informed the turnover averages in excess of £3,000 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit in excess of 70%.
Price to include the new lease, goodwill, fixtures & fittings £155,000 plus stock at valuation
substantial loan to an approved applicant
Features spacious single fronted premises with tiled floor. Restaurant area with 7 tables, 28 chairs plus breakfast bar with 7 stools. The business is well equipped including 3-pan gas island counter range, marble topped counter, 2 electronic cash registers, 1 cool display unit for soft drinks, fish fridge, small deep freeze.
Ladies' and gentlemen's cloakrooms each with w.c. And wash hand basin
Kitchen at rear with dishwasher, sink, wash hand basin
Preparation room with potato chipper and peeler, 4 deep freezes, 1 fridge, 1 under-counter fridge, sink and drainer
Potato stockroom
Staff the business is at present operated by a husband and wife team with the assistance of the son plus additional family when required.
Opening hours frying hours
tuesday - saturday inclusive - 12 noon - 2 p.m.
Evenings - monday - saturday inclusive - 5 p.m. - 9 P.m.
During the summer months evening opening is extended to close at between 9.30/10 p.m.
Accommodation the accommodation in the form is a self contained flat over, fully double glazed and with full gas fired central heating, comprises:
3 Double bedrooms
bathroom with bath, shower, w.c. And wash hand basin
lounge
kitchen with fitted units
outside small enclosed yard
Tenure the vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £19,760 p.a. Exclusive of rates for the first 3 years, with rent review at that time and thereafter after every 3 years.
Uniform business rates: £1,600 p.a. Approx.
This old established fish & chip shop has been in the same hands for the past 7 years and is now solely offered for sale due to the vendor's retirement.
Recommended for early inspection
Reference : R8820
