Fish & Chip Shops for sale in Crewe

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Y. MacGregor (Nov 2017)
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Leasehold Price: £24,995 Price Reduced Annual Turnover: £104,222 Gross Profit: £73,153
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Business Description
**Accounts Audited (Part-Year) 31 May 17 > 31 January 2018**
Annual Turnover £104,222 (Audited June 17 - 31 January 2018)
Gross Profit £73,153 (Audited June 17 - 31 January 2018)
Finished To A High Standard - Customer Seating For 50
Set Over Three Floors- Two Vacant
Short Trading Hours
Huge Opportunity to Extend Opening Hours
Further Potential To Re-Introduce Deliveries
EPC - D
REF 6432 – Leasehold Fish & Chip Shop

Blacks Brokers are pleased to bring to the market this leasehold fish and chip shop located in a much sought after and busy area of Crewe, Cheshire.

INTRODUCTION

A business of this nature has been trading in Crewe town centre for over 16 years, with our client in ownership of 'Bhav's Kitchen' since 2017. The business offers dine in and takeaway fish and chips along with other menu choices and has built up a very large, repeat customer base and excellent reputation. The buffets that have been recently introduced are proving very popular. Bhav’s Kitchen has a number of excellent online reviews in place with a four star hygiene rating.

LOCATION

The business is positioned in a busy area of Crewe town centre – this is close to other local businesses as well as large multiples including Boots and Card Factory, Pound Land and all major banks operate in the town centre of Crewe. The only theatre in Cheshire is located just behind the shop. The area is well linked by the M6 and there are excellent public transport links in place. Parking is available in the immediate vicinity. The town centre is filled with other traders and locals that frequent the business on a regular basis, however there is plenty of passing trade generated by Crewe College, Cheshire County Court and The Cheshire Council building which are all close by.

REASON FOR SALE

The business would be ideally suited to a hands-on owner-operator but will soon be operated by staff only due to our client’s relocation abroad. Therefore, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available with competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. A new lease will be negotiated upon completion of sale at a cost of £1600 per month.

BUILDING LAYOUT AND DESIGN

Bhav's Kitchen operates from the ground floor of a spacious and impressive mid terraced property within a busy parade of shops. The business has excellent signage and branding on display to the front and a fully glazed, double frontage. Inside, there is a small takeaway area with counter and food preparation area – this is fitted with fryers and display ovens. To the side and rear of this area is the main restaurant – this offers seating for fifty and is presented to a very high standard. There is wooden flooring fitted throughout, with free standing tables and chairs along with toilet facilities, a storage area and preparation room. The kitchen is at the back of the restaurant and is fully equipped with fridges, freezers, chipper, rumbler, tandoori oven and much more. All areas are spotlessly clean and finished to exacting standards.

STAFF

The business is currently operating with five staff in employment supporting our client working on a full time basis. All staff are reliable and experienced and can offer continuity to the customer base when a new owner takes over.

FINANCIAL DETAILS

Bhav's Kitchen has traded solidly since opening with the current owner in June 2017. We are advised that the business currently has a turnover of £104,222 (Accounts Audited Part Year from 31 May 17 > 31 January 2018), and with a gross profit of £73,153 (Accounts Audited 31 January 2018). Full financial details are available upon viewing.

SUMMARY

This leasehold business occupies a superb and enviable trading position in Crewe town centre. There is plenty of scope to develop the business further with the re-introduction of a delivery service, new opening hours and a strong marketing drive. The business could accommodate a variety of cuisines. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid impressive trading history. Early viewings are strongly advised. Fixtures:
3 x Pan range

2 x Till

Counter display fridge

1 Counter top fridge

2 Chest freezer
Trading Hours:
Mon - Sat - 11am - 4pm
Saturday 11am - 5pm
Sun - Closed

Tenure: Leasehold

Location Details: Crewe

Leasehold Term: Rent: £500 Per Week

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6432
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