RECENTLY REFURBISHED FISH & CHIP SHOP CAFe ARCADE NORFOLK

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Status
FOR SALE
Advert ID
199248
Reference
4599a / RightBiz

Details

RECENTLY REFURBISHED FISH & CHIP SHOP/CAFÉ/ARCADE - NORFOLK
Advised annual turnover of £278,000
Ideal partnership opportunity
Genuine reason for sale
Superb trading location
Training provided
5 star hygiene 
LEASEHOLD

Business History

Meridian Business Sales are delighted to offer this fantastic business opportunity to the market which was established forty years ago and has been in the careful hands of our client since 2015. The only reason the business is being offered to the market, is due to retirement. Since our client took over the business he has invested time and money in the business and premises, meaning that it's full walk in condition; he has continually added new lines and income streams which have enhanced the business massively.

Our client informs us that They currently generate a respectable annual turnover which is derived from three aspects of the business. Firstly, there is a café which serves breakfasts, lunches including roast dinners, sandwiches and snacks together with hot and cold beverages. Secondly, our client offers fish and chips, together with associated products, along side the café and in the evening. Thirdly, there is an amusement arcade at the rear of the premises, for over 18 year olds, with 25 arcade machines and a top jackpot of £500. This is the only arcade in town and attracts customers to the café. The business has a 5 star hygiene rating and has a strong reputation within the local community and as such has a high level of regular and repeat trade.

There is scope for longer trading hours, offer a delivery service and increase the product range which may increase income. There is also scope for the business to create a professional website and become a member of Just Eat. The business is currently owner operated with 2 full time and 6 part time staff and would be an ideal partnership opportunity. Our client is happy to provide training during the transition period.

This is a superb opportunity to purchase a premium business with massive scope to develop further. Early viewing is strongly recommended to appreciate the full extent of the refurbishment and businesses of this calibre rarely stay on the market for long.


Trading Hours:
Café
8:00am - 7:30pm Monday to Saturday
9:00am - 3:00pm Sunday
Fish and Chips
11:00am - 7:30pm Monday to Thursday
11:00am - 8:00pm Friday


Tenure

We are advise leasehold
10 year lease
£1,400 per month
3 year rent reviews

Listing Details
Leasehold Price: £145,000
Tenure: Leasehold
Sector: Amusement Businesses, Cafes, Fish And Chips Shops
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
Key Features
  • Price Reduced
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