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Long-established Fish And Chip Takeaway With Huge Growth Potential For Sale

Essex, UK
Asking Price:
£79,995
Turnover:
£150,000
Net Profit:
Undisclosed

CoGoGo welcomes a fantastic opportunity to take over Gold River, a long-established and well-known traditional fish & chip takeaway occupying a prominent trading position on Byron Road in Chelmsford.

Established for over 30 years, Gold River has built an excellent local reputation and benefits from a loyal customer base, strong online feedback and an established takeaway and delivery presence.

The business is currently operated by Gold River Fish and Chips Limited and has been in the present ownership for approximately one year. The owner is now offering the business for sale due to other business interests.

With an established name, affordable rent, no business rates, valuable equipment and genuine opportunities to increase trading, this is an exciting proposition for an enthusiastic new operator.

Gold River is a traditional British fish & chip takeaway with a trading history extending back more than 30 years.

The menu goes beyond classic fish and chips, with the current Deliveroo offering including fish dishes, chicken, pies and sausages, burgers, vegetarian choices, children's meals, sides and drinks.

The business has developed a strong online reputation. Tripadvisor currently displays a 5.0 rating from 26 reviews, while other online listings highlight positive customer feedback around the quality of the fish and chips, generous portions and friendly service.

The owner's own website describes the business as combining traditional cooking methods with quality ingredients, while customer feedback published online regularly references crispy batter, fresh fish, well-cooked chips and generous portions.

The business also already has an online delivery presence, including a live Deliveroo menu, giving an incoming operator a platform from which to further develop digital sales.

Financial Profile

We are advised that the business currently achieves an annual turnover in the region of £150,000.

We are advised that the assets are in the region of £60,000, representing a significant level of equipment and infrastructure already in place for an incoming operator.

We are advised that the current stock level is approximately £6,000.

Property Information

Property:

Leasehold

Location:

Gold River trades from 124 Byron Road, Chelmsford, Essex, CM2 6HJ, serving the surrounding residential community and wider Chelmsford area.

The business occupies a position within the Byron Road parade. Online customer reviews also highlight the convenience of the location and nearby parking, while the premises are within easy reach of Chelmsford city centre.

Premises Details:

The business operates from leasehold premises at 124 Byron Road, Chelmsford, CM2 6HJ.

The sale includes an extensive range of fixtures, fittings and equipment required for the continued operation of the business.

Business Operation

Trading hours:

The current operating hours:
Sunday & Monday - Closed

Tuesday & Wednesday - 4:00 pm to 9:00 pm

Thursday & Friday - 4:00 pm to 9:00 pm

Saturday - 4:00 pm to 9:00 pm

Employees:
We are advised that the business currently has three staff members. The operation offers scope for an owner-operator or family team to become actively involved and potentially structure staffing around their preferred trading model and extended opening hours.