| (REF: 2349) Freehold Fish & Chips Takeaway (With Accommodation) in Derbyshire |
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| Seller Reference: |
2349 |
| B4S Reference: |
30256 |
| Asking Price: |
£260,000
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| Net Profit: |
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| Sales Revenue: |
£104,000 |
| Number of Staff: |
3 |
| Established For: |
61 Years 0 Months |
| Ownership: |
Freehold |
| Location: |
Mickelover, Derbyshire, United Kingdom |
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The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £100,000 pa (see financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for a husband and wife team.
- Low rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern is a traditional Fish & Chips Takeaway.
History
Phoenix Business Transfer Agents are delighted to place onto the market this Freehold Fish & Chips Takeaway which has been established since the 1950’s. The business has been in the hands of the current owner since 1985 and he now wishes to sell due to retirement.
Services
This very good business opportunity is a traditional Fish & Chips Takeaway.
Staffing
The concern employs 3 part-time staff and the wages are £4.50 ph.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
No marketing or promoting of the business has recently been undertaken as the business is well known.
Competition
As far as competition is concerned there is another similar business half a mile away.
Market
The client base consists of local residents from a highly populated area of housing.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include Monday, Tuesday and Sunday trading and to extend open hours in the evenings from 8.30pm to 10.00pm.
• Increasing the product line to include pizza, kebabs and curries.
• Becoming more efficient with staffing levels.
• With the introduction of a website and e-commerce.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.
The present annual turnover is £104,000. The wages are £4.50 ph. The present value of the stock is £1,000.
The potential turnover of the business within the next 2 years is forecast to reach £200,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.
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Property: |
Freehold |
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Lease Terms: |
The business is freehold and the rates are currently free of charge. |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The self contained living accommodation is attached to the business premises and comprises of a living room, kitchen, 2 bedrooms and a bathroom. The accommodation is currently let under a short-term lease. |
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Location: |
- Situated in the Mickelover area in Derbyshire.
- Prominent location on main arterial road.
- Excellent free parking facilities nearby.
- Surrounded by a densely populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with the A38, A516 and A52.
- Derby, Nottingham and Burton-upon-Trent all lie close by.
- Area enjoying much growth and regeneration.
- A lifestyle area.
- Excellent local demographics for this type of area.
- Affluent area.
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As far as competition is concerned there is another similar business half a mile away. |
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The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include Monday, Tuesday and Sunday trading and to extend open hours in the evenings from 8.30pm to 10.00pm.
• Increasing the product line to include pizza, kebabs and curries.
• Becoming more efficient with staffing levels.
• With the introduction of a website and e-commerce.
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The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made. |
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he now wishes to sell due to retirement.
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Wednesday to Saturday: 12.00noon to 2.00pm – 5.00pm to 8.30pm
Sunday, Monday and Tuesday: Closed
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The concern employs 3 part-time staff and the wages are £4.50 ph. |
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