Traditional Fish and Chip Shop

Sheffield, South Yorkshire
REF: 01227

Asking Price:
£145,000
Annual Turnover:
£137,931
Annual Net Profit:
£3,289
Recently Sold
REF: 01227
Photo of Traditional Fish and Chip Shop
Photo of Traditional Fish and Chip Shop
Photo of Traditional Fish and Chip Shop
Photo of Traditional Fish and Chip Shop

Overview

Tenure:
Freehold
Established:
1964
  • Weekly Takings - £3,000 (approx)
  • Established for 47 years
  • Great Reputation
  • Limited Competition
  • Trading on Minimal hours

This is a superb and rare opportunity to purchase a spacious Fish and Chip shop ideally located in a parade of shops with a substantial amount of free parking nearby.

The Fish and Chip shop has a great reputation in the local area and has scope to introduce a delivery service and an extended menu to further increase the impressive sale revenue.

**PRICE REDUCED FOR A QUICK SALE**

The business has a large glass frontage with two entrances in to the shop.

Once inside the shop, a menu is clearly visible above the counter and ovens. The counter and oven which are visible to the customers were part of a full renovation undertaken by the business owner.

Beyond the counter and ovens there is a large room which is used as a stock room by the current owner. This has a couple of large refrigerators where the majority of the stock is kept and a desk in the other corner, for all administrative work to be carried out.There is also a preparation room.

Intelligent Business Transfer are excited to offer to the market this rare opportunity to purchase a Fish and Chip shop in a busy parade of shops.

The business has been established for 47 years and has gained a great reputation in the local community and has shown continuous growth, year by year.

The business is ideally located in area which enjoys a large amount of footfall and has limited competition nearby.The current owners refurbished the shop a couple of years ago and boast modern fridges and ovens for their stock. The Fish and chip shop offers its customers a traditional menu with competitive prices.

Despite the impressive financial figures for this Fish and Chip shop, there are still opportunities available for a potential buyer to further increase their sales revenue. The shop could extend its opening hours to accommodate the constant footfall in the area.

The financial figures have been achieved with modest opening hours and would improve significantly if the shop were to be open in the evenings. There is also scope to extend the menu by introducing products such as pizzas and kebabs. There is also demand in the local area for a delivery service and this, coupled with the introduction of new products, would also significantly improve the financial figures of the business.

The turnover of this business has generally inflated, year on year, up to its current state which is consistently taking over £3000 per week . This has been achieved from relatively modest opening hours and without the owner implementing any of the ideas above. If these changes were to be made, this would significantly increase sales revenue.

This business would suit a couple or an entrepreneur with the energy to manage this busy Fish and Chip shop and push the business to achieve its huge potential. The current owner is regretfully selling the business due to retirement.

Location

Property

Rates
TBC
Accommodation Included
TBC
Freehold Property Value
TBC
EPC Rating
C 51-75

Financial & More

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

Refine

Miles
£
£
£
£
Timed popup