Fish & Chip Shops for sale in Newcastle-upon-Tyne

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Ian McGregor (Nov 2013)
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Leasehold Price: £45,000 Price Reduced Annual Turnover: £104,000
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Business Description

Intelligent Business Transfer are pleased to offer this exciting opportunity to take over the running of a popular and successful Fish and Chip Shop.

The business has been established in its current state for almost 15 years and - due to its success - has only changed hands once during this period.

The business is situated in the well populated area of Walker which has a considerable number of residential dwellings within easy reach, most within walking distance.

The business offers traditional Fish and chips for takeaway but has recently expanded to include Kebab and burger sales which has boosted the weekly takings.

There is little to be done to the business aesthetically as the property has been well kept. Directly above the business is a one bedroom flat which would be sublet or used as owners accommodation.

The business is very clean and modern and has a bright atmosphere throughout with clear and well lit signs and menus.

There is huge scope to develop business further with an increase in opening hours as well as marketing. Currently the shop opens around the owners preferences, however could easily be opened on sundays and for longer periods in the day.

The business is currently ran by the owners alongside a competent team of two staff and a delivery driver.

Because of the low rent and practical owners accommodation the business has cumulative increase with its profit and would offer a tangible return on investment.

Viewing is essential
Number of Employees: 2

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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