ID : 15196
This upmarket fish and chips restaurant is sleek and elegant and mixes the modern feel with the traditional. It is known to be the best in the area which is reflected in the successful earnings figures. The shop is located in an ideal location on a busy high street in SW London very close to a mainline station.
This is a highly unusual opportunity to acquire a beautifully presented, extensively refurbished and thriving business with genuine and significant future potential offered for sale at an extremely realistic asking price. The restaurant offers a wide variety of fish and chip options including gluten free and grilled fish.
Asking Price – £350K
Potential Down Payment – £105K (subject to qualification)
Revenue – £372K per annum
Discretionary Earnings – £110K per annum
Key Features:
•Sleek and elegant design mixing a modern feel with traditional
•Significant turnover in a very busy SW London high street
•Good reputation, already widely known as best fish and chips in the area
•Recently fitted with new top-class equipment
Property Details: Leasehold
Reason for Sale: Owner’s change of circumstance
Premises Details: 28 seat restaurant with new fryer/range equipment. 10 years left on 12 year lease.
Competitive Overview: There are few high street restaurant chains but the nearest fish and chips shop is about 2 miles away.
Potential Growth: The takeaway business has significant potential scope for expansion. Local marketing could also increase an already strong customer base.
Business History: Shop moved 2 years ago by family with 20+ years of experience in the Fish and Chips business.
Our View: Truly outstanding fish and chips within a very stylish and upmarket setting. This is one of those very hip businesses that is on a roll and will only go from strength to strength with a new, motivated new owner.
Early viewing is very highly recommended.
PLEASE NOTE:
Financing may be available subject to status.
To arrange for a viewing or for any other enquiries, please get in touch!