| (REF: 2384) Thriving Freehold Fish &chip Shop, Bere Alston |
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| Seller Reference: |
2384 |
| B4S Reference: |
30508 |
| Asking Price: |
£175,000
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| Net Profit: |
£12,000 |
| Sales Revenue: |
£22,000 |
| Number of Staff: |
1 |
| Established For: |
41 Years 0 Months |
| Ownership: |
Freehold |
| Location: |
undisclosed, Devon, United Kingdom |
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The particular highlights of the business are:
- Ideally located concern offering excellent lifestyle.
- A well established business of over 20 years
- Good loyal clientele.
- Fully equipped business.
- Turnover in excess of £34,500 pa with a net profit of £23,500 (See financial summary below).
- A business with great potential.
- An easily run operation
- A good first time buyers business.
- The concern provides a Fish & Chip Takeaway.
History
Phoenix Business Transfer Agents are delighted to place onto the market this thriving Freehold Fish & Chip Takeaway in Bere Alston which has been established since 1970. The business has been in the hands of the current owner since 1989 and he now wishes to sell due to retirement.
Services
This very good business opportunity provides a Fish & Chip Takeaway.
Staffing
The concern employs one part time member of staff and the wages are £1,000pa.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner relies on word of mouth for his marketing and has not used any other form of promotion.
Competition
There is no local competition.
Market
The client base consists of mainly local trade with some tourist activity in the summer months.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity
• Increasing the opening hours to include 7 days a week.
• 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 £34,500 pa with a gross profit of £15,000 and a net profit of £23,500. The wages are £1,000 pa. The present value of the stock is £1,000.
The potential turnover of the business within the next 2 years is forecast to reach £50,000 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. |
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Living Accommodation: |
No |
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Location: |
- Situated in Bere Alston, Devon.
- Prominent location in the center of the Village.
- Excellent parking facilities nearby.
- Surrounded by densely populated residential area with schools and other local amenities.
- Local population consists of residents of all ages
- Area offers exceptional lifestyle in a quiet residential area in a sought after area of Devon very close to the Dartmoor National Park
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow. |
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There is no local 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 to include 7 days a week.
• 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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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 and Friday afternoon: 12:00pm to 1:30pm
Wednesday to Friday evening: 5:00pm to 9:00pm
Saturday afternoons: 5:00pm to 8:30pm |
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The concern employs one part time member of staff and the wages are £1,000pa. |
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