Long-Standing Fish and Chips Shop for Sale in Long Eaton

Long Eaton, Derbyshire
REF: INT2800

Asking Price:
£50,000
Annual Turnover:
£90,000
Annual Net Profit:
£16,000
Featured
REF: INT2800
Photo of Long-Standing Fish and Chips Shop for Sale in Long Eaton
Photo of Long-Standing Fish and Chips Shop for Sale in Long Eaton
Photo of Long-Standing Fish and Chips Shop for Sale in Long Eaton
Photo of Long-Standing Fish and Chips Shop for Sale in Long Eaton

Overview

Tenure:
Leasehold
Established:
1930
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads
  • Well Equipped Business

Due to retirement, this is a fantastic opportunity to purchase a well run and well known Fish and Chip shop.

The current owner has built up a loyal customer base with some customers travelling from other areas to seek quality Fish and Chips.

The takeaway, (there are two small tables inside plus an outside area for customers to "eat in"), has been trading in the centre of Long Eaton for over 90 years and is well known locally.

It has a strategic location just off the main shopping street which also has a market three days per week.

The current opening hours are Wednesday to Saturday 11-30 to 2-30 and 4-30 to 7-30 so there is massive potential to increase turnover with increased hours/days and with deliveries.

Incidentally a local competitor has recently closed down and they are seeing an increase in business.

This opportunity is ideal for someone passionate about the food and catering industry.

The business is a lock-up shop with a rear kitchen area and a separate wet room accessible through a rear outside yard.

Included in the sale is a highly efficient and well maintained 3 Pan Island Kiremko Range which serves as the centrepiece
to the shop. The interior counter areas are all stainless steal surfaces which makes for a clean and smart appearance.

Additionally, all other essential equipment is part of the sale which are:-
Two freezers
Five fridges (including a drinks fridge)
Potato rumbler
Chipper
Batter mixer
Two cookers
Microwave oven
Kettle
Various pots, pans, trays, and tools.
Tables and chairs (inside and outside)
TV screen for advertising
Till

If required, the current owner is willing to stay and assist with a smooth business handover, providing advice and support
during the transition period.

The business holds tremendous potential for an ideal buyer seeking to continue the cherished traditions that have been nurtured in this fish and chip shop for over 80 years.

With a longstanding reputation for excellence, there is a solid foundation upon which to build, however, for those looking to maximise growth opportunities, there is ample room to expand and diversify. By introducing new products and services, as well as extending operational hours to cater to a wider customer base, the buyer can tap into the untapped potential and further enhance the profitability of the business.

Currently they only open Wednesday - Saturday for 3 hours a day, and a total of 24 hours per week. There is huge potential for a new buyer to increase their revenue by opening the shop more frequently and for longer hours.

Features

Key Information

  • Hygiene Rating: 5

Reputation

  • Google: 4.6
  • TripAdvisor: Very Good

Online Presence

  • Facebook: Yes

Website: www.bestofbritishfishandchips.business.site/?m=true

Location

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  • Residential Location
  • High Street Location
  • High Footfall

Property

Annual Rent
£10,200
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Year)
2025
Accommodation Included
No
EPC Rating
TBC

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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