Gloucestershire Fish & Chip Cafe - High Profit, £562k Turnover, Seating for 35, 1580 sq.ft.
Undisclosed, Gloucestershire
- Status
FOR SALE
- Date Submitted:
21/06/23
- Advert ID
515322
- Reference
AC9124SJG / Rightbiz
- Call Agent:
- Leasehold: £389,500
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Quality Gloucestershire Fish & Chip Take away & Cafe
High Quality Catering Operation - Fish & Chip Take-Away and Cafe in popular south Gloucestershire market town. Very healthy turnover of £562,000 per annum net of V.A.T. with six-figure profits to a working couple. Superbly presented unit (1,580 sq. ft. overall) with seating for 30-35 diners. Very high equipment specification. 1st floor storage. Internal inspection strongly recommended! Leasehold. O.I.R.O £389,500 S.A.V. Ref: AC9124Excellent trading location in the centre of a popular South Gloucestershire market town - High foot flow and ample parking close by.
Operating as a traditional fish and chip takeaway with coffee shop/cafe business in addition.
Current structure provides a diverse income stream with fish and chip sales running at £455,000 per annum and cafe sales £107,000 per annum excluding VAT - combined a very healthy £562,000 per annum net.
Very high six - figure profits to a working couple.
Trading premises converted from financial use to catering use by the vendors with significant capital expenditure injected of £260,000 in refurbishment costs and fit-out.
Superbly presented for the trade with a very high equipment specification.
Further development potential.
Communal car park to rear of unit providing ample parking for vendors and staff.
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Listing Statistics
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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