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Chippy Providing Freshly Cooked Orders For Sale

Whitley Bay, Tyne and Wear
Asking Price:
£27,995
Sales Revenue:
£110,000
Cash Flow:
Available on request

Business
Hilton Smythe are delighted to welcome to the market a fantastic opportunity to acquire on a leasehold basis a truly outstanding Fish & Chip Shop business that has built up an enviable reputation within the local area over the years.
The business has only now been placed on the market for sale as it’s our clients desire to concentrate on other business interests.
The business has enjoyed a consistent turnover for the last 2 years and now operates at a good level of turnover and In addition it must be clearly stated that this has been achieved with the business only operating on a 42 -hour working week, Monday to Saturday, leaving huge potential to take the business to the next level.
It prides itself on delivering the highest quality food cooked fresh to order, along with an exceptional level of customer service. The business uses locally sourced produce adding to the overall customer experience.
There is scope to further increase the already impressive level of turnover with the introduction of revised opening hours (currently only 42 hours a week), with additions of offering a delivery service via Just Eat etc and introducing some new additions to the menu along with the introduction of dedicated website & Facebook page to help promote the business & increase sales.
The business trades on its reputation for quality and service and has outstanding future possibilities.
The business would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
A tremendous opportunity to own this thriving business.
Early enquiries must come highly recommended to avoid disappointment

Location
The business is ideally situated on the busy Seatonville Road area of Monkseaton, Whitley Bay. It benefits by being located in a densely populated residential area, with the premises being surrounded by a host of complimentary local businesses, with ample free parking resulting in a good amount of regular footfall & passing trade.
Monkseaton further benefits from a good range of local amenities including pubs, restaurants, independent shops, medical centre and excellent public transport links via road, Metro and regular bus service.

Premises
PREMISES & EQUIPMENT
The business is located within a ground floor take away and premises, immaculately presented and maintained to a great standard, entered via ground level into a bright, airy and inviting interior, briefly comprising.
Main Shop
Customer ordering & payment point & highly visible wall mounted menu. Martyn Edwards/ Frank Ford 4 pan frying range, Commercial 3 burner kebab grill, chilled drinks fridge, shelved display area & customer seating area

Rear Shop
Immaculately presented preparation area just off the main shop, with stainless steel washing & sink area, further preparation surface, racking, microwave & various catering equipment.
Rear stores / preparation area
Located to the very rear of the shop, with a range of refrigerated & freezer storage with designated fresh fish storage facility, Bold R1 chipper machine along with a Bold potato rumbler/ peeler, further ample storage & racking system along with access to the rear of the premises for deliveries.
The premises are truly in turn key condition & are a credit to the current owners who have worked hard to get it to the immaculate standard it is currently presented in.

Tenure
We are advised that tenure is offered on a leasehold basis
Rent - £9000 PA
The are currently no business rates payable.

Hours
The business currently operates:-
Monday to Saturday 1130 – 1400 then 1630 – 2100.

Staff
The business is run & managed by the current owner (part time) with two full time members of staff.

Financial Profile
The Business has reported an annual turnover in the region of £110,000.

Property information

Property:

Leasehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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