Freehold Fish & Chip Takeaway located in Walsall. Or Investment Property (9.5%) return. Two bedroom accommodation above.
Veritas Business Sales are delighted to offer to the market this Freehold Fish & Chip takeaway which is located in Walsall. The business was established 4 years ago and has been in the careful hands of the current owner for the past 18 months. Our client who is the freeholder is now offering the property for sale so that he can concentrate on other business interests.
Since ownership there has been continual investment in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Chippy is leased out but the purchase price includes the business & property as the leaseholder wishes to exit as well. The business is owner operated with the help of 1 full time and 1 part time member of staff and has a weekly turnover of between £2,200-£2,500. Approximately 70% is walk-in trade with the remaining 30% deriving from the online delivery portals Just Eat, Deliveroo and Uber Eats. They serve a fine range of fish & chips, pies, saveloys, condiments, kebabs, naan’s, burgers, southern fried chicken, savouries and cold drinks.
We believe that there is potential to increase revenue should you wish, by expanding the current food offering and maybe adding pizzas and by opening on Sundays. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business with further potential which is a great base to build upon and as such early viewing is highly recommended.