Property Information
Address:
Bristol, Bristol
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH489026
Property Ref/Agent: 2709-recently-established-highly-profitable-fish-and-chips-shop
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe are delighted to welcome to the market Caspian Fish Bar.
This well-known fish and chip shop was only established in 2014 and has thrived. The business has benefited from the lack of fish and chips in the area, and has generated an astounding advised turnover of 166,400 in such a small amount of time.
Our client is looking to sell the business due to other interests, but has really enjoyed setting up this successful venture. The business offers high quality food and has built up a loyal customer base from word of mouth recommendations.
The business boasts from its hygiene rating of 5 and this factor has attracted many customers. The current owner is happy to offer a handover period for the new owner, to ensure the success of the business is continued.
The fish and chip shop has a fantastic turnover but there is still scope to increase revenue made by the business, perhaps by offering a delivery service for the local area. They could also advertise this service and the shop on social media .The shop could open later hours and also open on a Sunday to increase sales. The kitchen has a fantastic amount of space and could also look into outside catering, this could increase turnover massively with the right marketing.
The business is in a walk-in-and trade-condition and is maintained to a high standard.
This is an excellent opportunity for a new owner to take this busy business to the next level; Therefore early viewing is highly recommended to avoid disappointment.TENUREWe are advised that the business is Leasehold
Original lease length 15 years
Remaining length of lease 14 years
Review period 3.5 years
Rent 12,000 per annumHOURSBusiness opening times-
Monday-Saturday: 11:30 am- 2pm
Evenings 4:30pm-10pm
Sunday: ClosedSTAFFThe business is run and managed by our client with the help of 3 part time members of staff.FINANCIAL PROFILEWe are advised the turnover for the business is around 166,400 per annum
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