Fish & Chip Shops for sale in Wolverhampton

View the "Fish & Chip Shop/Takeaway - Wolverhampton" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Fish & Chip Shop/Takeaway - Wolverhampton

Wolverhampton, West Midlands, England

  • Leasehold Price: £59,950  Price Reduced arrow_drop_down
  • Annual Turnover: £61,201
  • Annual Gross Profit: £35,765
Seller Reference: 7346
Request DetailsEmail email
Business Description
 
 
 
 
Image 1 of 4 video_library
Seller Reference: 7346
Request Details
Business Description
Main Road Trading Position
Accounts Available Year End 31st August 2018
Annual Turnover £61,201
Gross Profit £35,765
Accounts Available After Viewing
Established 2005
Retirement Sale
Fully Equipped
Well Presented
CCTV Throughout
High Footfall Area
Scope For Marketing Drive
Potential To Introduce Website
Scope For Social Media Presence
EPC TBC
REF 7346 – Leasehold Fish & Chip Shop/Takeaway

Blacks Brokers are pleased to bring to the market this leasehold takeaway located in Wolverhampton, West Midlands.

INTRODUCTION

Fryday's was established in this bustling area of Wolverhampton in 2005 and our client has been in ownership since 2012. The business offers a wide range of takeaway foods and is very well known in this area. The business has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google.

LOCATION

Fryday’s occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Aldi and Texaco. The business is immediately behind a main bus stop which brings a constant amount of passing trade. The area is well linked by the M6 with very strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a eighteen year lease which began in 2012 at a cost of £192 per week.

STAFF

The business operates with two full time members of staff.

FINANCIAL DETAILS

Fryday’s has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st August 2018 show that the business has an annual turnover of £61,201 and a gross profit of £35765. Full financial information can be made available after viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This well known and well established business occupies an enviable trading position in a bustling and popular area of Wolverhampton. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu choices and new opening hours. A website and new delivery service could also be extremely beneficial. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Double Fryer

Fridge

Pizza Oven

Big Freezer

Microwave

Two Donner Meat Stands

Heater

Potato Cutting Machine

Potato Peeler
Trading hours:
MON: CLOSED
TUE - THU: 12:00 - 22:00
FRI: 12:00 - 23:00
SUN: 14:00 - 22:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Fryday’s operates from the ground floor of a spacious mid terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage. Inside, the servery/counter is positioned to the front of the shop with fully equipped kitchen and small storage area to the rear of this. All areas are presented nicely.

Location Details:
Wolverhampton
Leasehold Term:
£192 Per Week
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image