GUIDE PRICE £320,000 | TURNOVER C.£600K | EBITDA C.£102K | PRIME FOOD COURT | C.8-YEAR LEASE
Rare opportunity to acquire an established, high-turnover Mother Hubbard’s Fish & Chips business in one of the prime positions within Lakeside Shopping Centre’s food court. The unit is the first food outlet encountered from the train-station side/escalators, giving it exceptional visibility and customer exposure.
KEY HIGHLIGHTS
- Annual turnover: approximately £600,000
- Weekly sales: approximately £11,500
- Prime food court position
- First food outlet when approaching from the train-station side
- Exceptional visibility and customer exposure
- Established national fish & chip brand – Mother Hubbard’s
- All-new equipment for the March 2024 opening
- Experienced, well-trained team already in place
- 5-star hygiene rating
- Strong, established trading history
- Approximately 8 years remaining on the lease
FINANCIAL & PROPERTY INFORMATION
Guide price £350,000
Turnover Approx. £600,000 p.a.
EBITDA Approx. £102,000
Rent £66,000 p.a.
Service charge £18,000 p.a.
Business rates £17,000 p.a.
Lease Approx. 8 years remaining
Equipment All-new equipment installed for March 2024 opening
Location Prime Lakeside food court position
THE LOCATION
Position is a major advantage in food court trading. This unit is the first food outlet encountered when entering from the train-station side, placing it directly in the path of customers and providing excellent visibility within the food court.
THE BUSINESS
This is an established turnkey food business with approximately £600,000 annual turnover and approximately £102,000 EBITDA. The experienced team and established operation allow a purchaser to acquire a trading business with systems and staff already in place.
There is scope for a new owner to develop the business further through marketing, delivery, operational optimisation and other opportunities, subject to the relevant permissions and brand requirements.
REASON FOR SALE
The owner, aged 60, is planning retirement and permanent relocation to the Netherlands following successful ownership of the business.
ENQUIRIES & VIEWING
Further financial information will be made available to genuinely interested purchasers following an initial confidential enquiry and appropriate qualification. Viewing strictly by appointment.
