Traditional Fish and Chip Shop in Hull

Hull, East Yorkshire
REF: 02414

Asking Price:
£25,000
Annual Turnover:
£40,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: 02414
Photo of Traditional Fish and Chip Shop in Hull
Photo of Traditional Fish and Chip Shop in Hull
Photo of Traditional Fish and Chip Shop in Hull
Photo of Traditional Fish and Chip Shop in Hull

Overview

Tenure:
Leasehold
Established:
2012
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge growth potential

This is a fantastic opportunity to acquire a long-established business which has provided an excellent quality food and customer service to its local inhabitants since its inception in 1990.

Providing traditional fish and chip meals, the business has garnered a heavy customer base and a stellar reputation for its delicious food and has generated a healthy yearly turnover.

Fitted with top of the range cooking equipment and machinery, this is a lucrative opportunity for a new buyer and is available to purchase on a leasehold arrangement.

The business premises features a large glass frontage and vibrant signage with the business name clearly displayed above the windows, which is visible from the main road situated opposite.

The interior comprises of a large shop floor which is complete with a large counter and serving area. With ample seating space for customers, the business has a prep room at the rear of the complex which is used by staff to prepare the food and doubles as a storage room.

Furthermore, the kitchen is fitted with high quality ovens and cooking equipment which allows the business to provide an efficient food service.
The interior decor is plain and maintains a warm and inviting feel, drawing in customers to the eatery and the business upholds high levels of cleanliness and a tidy shop floor and kitchen environment.

Intelligent Business Transfer are pleased to offer for sale a spectacular eatery, favoured by locals for its tasty food and for its friendly customer service.

Although established many years ago, the current owner took over control of the business in 2010 and since then worked hard to generate its annual turnover of £40,000, which is impressive for an eatery of this size.

Situated in a populated area, a new owner could seek to extend business hours to cater for more customers. Currently the business does not open in the evening or on a weekend, in fact they close at 2pm during the week. Opening in the evenings/weekend would allow the business to target local employees looking for food at lunch times and would draw in work commuters at peak times. As well as this, employing more staff to allow the business to operate an efficient delivery service would also appeal to more customers and would be an effective way of increasing the annual income. Setting up a customer loyalty scheme and increasing the food options to include popular fast food options like pizzas and kebabs, would guarantee repeat custom.

Another possible way of developing the business further would be to establish an online and social media presence, to effectively showcase the food menu.

The current vendor has approached Intelligent Business Transfer to find a suitable buyer who will actively seek to develop the business and continue to offer an exceptional service to its local inhabitants.

Location

Property

Annual Rent
£3,500
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Year)
TBC
Accommodation Included
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

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