A long established and highly successful Fish & Chip Shop Business for sale in Hexham due to the owners retirement.
Current Turnover – Around £350,000
Net Profit - Around £164,000
Stock & Equipment Included – Approximately £2000 worth of food stock. The range of equipment includes a 3-pan Preston & Thomas fryer, Large peeler, Chipper, Cooler, Filter machine, Dishwasher, Hob, Hot water dispenser, Fridge freezer, Two Freezers, Counter & Till, Service lift and Emergency fire shutter. Menu board and Cafe Tables & Chairs.
This long-standing business has been successfully run by the current owners since 1982, having been bought from the founding owners who established in 1939.
The business is very busy and demonstrates impressive accounts figures and a healthy profit. There is no advertising outlay due to the length established and high level of loyal and regular customers derived from the local residents and businesses, as well as the high volume of footfall and passing traffic due to the close proximity to popular tourist attractions, regular markets and high street shopping.
Due to the confidentiality of the sale and before any further information is provided, prospective buyers will be required to sign a non-disclosure agreement.
Guide Price – We have been instructed to offer the sale with a guide as follows:
• Business including negotiable lease term - OIRO £215,000
Both parties pay their own legal expenses.
Subject to Contract.