Established Fish & Chip Takeaway

Blaby, Leicestershire
REF: 05570

Asking Price:
£360,000
Annual Turnover:
£402,000
Annual Net Profit:
£52,862
Reduced
Recently Sold
REF: 05570
Photo of Established Fish & Chip Takeaway
Photo of Established Fish & Chip Takeaway
Photo of Established Fish & Chip Takeaway
Photo of Established Fish & Chip Takeaway

Overview

Tenure:
Leasehold
Established:
1963
  • Huge growth potential
  • Excellent Reputation
  • Very Loyal Customer Base

A brilliant opportunity has arisen for an interested buyer to acquire a highly reputable and lucrative fish and chip shop in the heart of Leicestershire.

Established in 1969, the business has afforded a renowned reputation within the local area, which the current owner has worked hard to maintain since they took ownership in 2011.

Now, only up for sale due to the current owner’s retirement, the chance for a potential buyer to take hold of the business’s brilliant profitability and loyal customer base could project it to heightened realms of success.

For over 40 years, the business has operated as a fast food takeaway, offering a range of items such as traditional British fish and chips, pies and kebabs, as well as a variety of cold drinks. The shop caters to locals and those passing through the village on foot and by car, seeking out freshly prepared meals and snacks to quell their hunger.

Experienced and friendly staff ensure customers return time and time again to appreciate the delicious produce and efficient service provided by the business. Being unique to the village, the takeaway acts as a cornerstone and a vital source of quick and easy food for locals to enjoy.

The business operates from a fully-fitted premises, equipped to provide a timely service to its customers. Externally, the shop possesses strong signage, providing the business with good exposure. Upon entering the double fronted terraced premises, the customer immediately enters the shop floor, with large serving counter straight ahead. Behind this is a kitchen encompassing a range of cooking facilities and equipment, with stock rooms and toilets further behind.

With no online presence or investment in marketing initiatives, the business has grown organically year on year through its strong word of mouth recommendations.

Included in the sale price will be £100,000 worth of assets and equipment.

Intelligent Business Transfer are pleased to offer to the market a well established takeaway with a strong customer base and plenty of opportunity for further expansion.

Its quality food and great customer service which have in turn created its fantastic customer base are testament to the business’s success, which has been pivotal to generating a highly impressive turnover of £396,000.

A new owner, potentially one with experience within the catering industry, could make vital changes to increase the business’s overall profit. Creation of a website and complimentary social media platforms would do much to increase the customer base of the business and expand its overall reach to those outside its local vicinity. Extending opening hours to include late lunchtime hours would cater to the retired population. Employing more staff would better its efficiency in enabling customers to experience a delivery service direct to their door, should the new owner choose to introduce one.

The current owner, who has tasked Intelligent Business Transfer with finding a suitable buyer, would be willing to stay on for a transitional period to hand the business over to its new owner.

Location

Property

Annual Rent
£25,000
Annual Rates
£700
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
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Number of Employees
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Current Ownership
XXXX

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