Family-Owned Fish & Chip Shop, in the heart of this Well-known Lancashire Coastal Holiday Town

  • Freehold Price: £924,950
  • Annual Net Profit: £220,000
  • Annual Turnover: £683,427
Lancashire, England, England
Seller Ref:DB10556
For Sale

Family-Owned Fish & Chip Shop, in the heart of this Well-known Lancashire Coastal Holiday Town

Lancashire, England, England
Seller Ref:DB10556
  • Freehold Price: £924,950
  • Annual Net Profit: £220,000
  • Annual Turnover: £683,427

Description

Alan J Picken are delighted to offer this family-owned Fish & Chip Shop with rich history and a loyal customer base in the heart of this Well-known Lancashire Coastal Holiday Town

Run from a large, splendid, spacious double unit freehold premises with two self-contained apartments and occupies a marvellous trading position beloved by both local residents and tourists. The business is now only offered for sale due to our clients wishing to take life a little easier and retire.

Since acquiring the business our clients maintained their family’s excellent quality and standards and have striven to serve the best fish and chips in the area and have won many awards! We trust the business will prove a resoundingly successful acquisition, especially for a dedicated, enthusiastic purchaser to continue to exploit the full potential and derive maximum profits.

Turnover on year-end March 2023 accounts £683,427.
Gross Profit £68%.
Adjusted Net Profit in excess of £220,000.

Over the years the business has attracted a very regular clientele from the area and surrounding conurbations. Sales have shown a marvellous trend and substantial profits are achieved. Since acquiring the business and property, our clients have spared neither time, effort nor expense transforming the premises to their high exacting standards with quality fixtures and equipment.

Justice can only be given to the exceptional family residence by personal inspection. In fact, businesses and properties of this calibre are the exception hence early inspection of this magnificent opportunity is strongly recommended even for the most discerning of purchasers in order to avoid disappointment.

Business & Freehold Property £924,950 + SAV
Lancashire.
Reference. DB10556

Location Details:
The business and property occupies a marvellous trading position beloved by both local residents and tourists.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Listed By:

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