| (REF: 2377) Thriving Freehold Fish & Chip Shop, Goodrington |
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| Seller Reference: |
2377 |
| B4S Reference: |
30502 |
| Asking Price: |
£315,000
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| Net Profit: |
£20,000 |
| Sales Revenue: |
£60,000 |
| Number of Staff: |
1 |
| Established For: |
12 Years 0 Months |
| Ownership: |
Freehold |
| Location: |
Goodrington, Devon, United Kingdom |
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The particular highlights of the business are:
- Ideally located concern offering excellent lifestyle.
- A well established business, but very under developed
- Good loyal clientele.
- Fully equipped business with excellent accommodation which could be sub let.
- Turnover in excess of £60,000 pa with a net profit of £20,000 (See financial summary below).
- A business with great potential which has not been exploited.
- An easily run operation.
- A good first time buyers business.
- The concern offers a Fish & Chip Takeaway.
History
Phoenix Business Transfer Agents are delighted to place onto the market this thriving Freehold Fish & Chip Takeaway which has been established since 1999. The business has been in the hands of the current owner since 2004 and she now wishes to sell due to retirement.
Services
This very good business currently only offers a Fish & Chip Take away.
Staffing
The concern employs one part- time staff and the wages are £4,000.
Owners Role
The owners role is hands on and she works 5.5 days a week.
Marketing
The owner currently relies totally on word of mouth to market the business.
Competition
There is no immediate competition
Market
The client base consists of local residents as well as many tourists from the nearby caravan parks.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
Increasing the marketing activity
Increasing the opening hours.
Increasing the product line to include pizzas and kebabs.
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 turnover is £60,000 pa with a gross profit of £35,000 and a net profit of £20,000. The wages are £4,000 pa. The present value of the stock is £2,000.
The potential turnover of the business within the next 2 years is forecast to reach £150,000 given the changes that are required to be made to the business and with the addition of new houses and a hotel and Pub to the area. 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 £960 pa. |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
There are two double bedrooms with a lounge, kitchen/diner and a bathroom. |
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Location: |
- Situated in a residential area of Goodrington in Devon.
- Prominent location on residential estate
- Part of a parade of shops.
- Excellent parking facilities at front.
- Industrial estates nearby.
- Surrounded by densely populated residential area with schools and other local amenities.
- Local population consists of privately owned properties with nearby caravan parks.
- Area offers exceptional lifestyle.
- Outstanding tourist trade.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with main roads and good railway links.
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There is no immediate competition. |
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The concern has huge potential. In particular the turnover and profits can be increased by:
Increasing the marketing activity
Increasing the opening hours.
Increasing the product line to include pizzas and kebabs.
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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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she 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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Monday 5:00pm to 8:00pm
Tuesday to Saturday: 12.00am to 1.30pm and 5.00 pm to 8.00pm |
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The concern employs one part- time staff and the wages are £4,000. |
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