For Sale
Highly Rated Fish And Chip Shop For Sale
Cardiff, South Glamorgan
- Asking Price: £175,000 +SAV
-
Turnover:
The business generated a turnover in the region of £350,000. Further financials can be made available upon request.
Please quote reference B07039
- Tenure: Leasehold
Please quote reference B07039
Hilton Smythe welcomes to the market Big Fish. This fish and chip shop restaurant was established by our client in 2015. The owner is now looking to sell the business, due to retirement.
The business offers traditional Fish and Chip shop fayre, Pizzas, Kebabs, Burgers, Pies and Desserts.
Big Fish generates a turnover in the region of £350,000 with a gross profit of 50%. This is an exceptional turnover, with potential to be massively increased. Extending opening hours could make a huge difference to income.
The fish and chip shop already has an envious amount of repeat loyal trade from locals that live in the area. The business also has a great online presence, with a highly rated Just Eat account. The customer reviews state ‘Awesome food’ and ‘Best fish and chip shop in Cardiff, I order every week and food is amazing. Highly recommended’
Our client is offering a handover period to ensure the continued success of the business.
Reasons to buy -
- Well established
- Excellent reputation
- Handover period offered
- Scope for expansion
We are advised that the business is run and managed by our client, with the help of 1 full-time and 3 part-time members of staff.
The business hours are -
Monday – 12:00 – 14:00 & 17:00 – 22:00
Tuesday – 12:00 – 14:00 & 17:00 – 22:00
Wednesday – 12:00 – 14:00 & 17:00 – 22:00
Thursday – 12:00 – 14:00 & 17:00 – 22:00
Friday – 12:00 – 14:00 & 17:00 – 22:00
Saturday – 12:00 – 14:00 & 17:00 – 22:00
Sunday - Closed
Big Fish occupies ground floor premises in a prominent trading position. The business is located within a residential area and is surrounded by a wealth of complimentary shops, businesses and residential properties.
The nearest railway station is approximately 4 miles away. The area is well served by the A-roads with both the A48 within easy driving distance of the property, which leads to the M4 and the vast A-road and motorway networks.
Big Fish highly benefits from a large premise. The property is well-signed with new signage and window graphics. The large windows across the front allow for a bright interior.
Inside the chippy is a large service counter, drinks chillers.
To the rear of the service area is the kitchen which is fitted out to suite the trade with easy clean worktops, wall coverings and flooring.
There is also a staff toilet/washroom in the rear of the shop.
Tenure
We are advised that the business is being sold on a Leasehold basis, with 7 and a half years remaining on the 15 lease. The lease is extendable for a new owner. The rent is £1,166 per month.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
