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#Business ID: 15656

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Very Popular Fish & Chip Shop + Cafe & Flats Investment

Business Location: Colwyn Bay, Clwyd, Wales

Asking Price: £ 390,000 Revenue: £ 100k to 250k Cash Flow: £ 100k to 250k

[Furniture / Fixtures included]
[Real Estate Included]

Business Summary

A superbly presented Fish & Chip Shop with Cafe having a prominent corner location on the main road through the Town, with lots of passing trade. Parking outside and on a Bus Route.

Comprehensively fitted out and very well presented.

The shop benefits from a very efficient design, with "IN" & "OUT" doors to the Take Away section, leaving the 30 Seater Cafe, with it's attractive bay window, entirely independent where customers can enjoy a quiet meal, without interruption from take-out customers.


The business has been trading from these premises for 50 years and in the current ownership for the last 7 years,most of this was under managership with the last 2 years under direct control.

The Turnover for the last accounting period was £115,000 (pro rata) trading over 46 weeks and showing a healthy 64% GP. The business is capable of doing considerably more with the present owners running it on a low key basis.

Open Monday - Saturday 11.45am-2.00pm & 4.30pm-8.00pm (Winter 7.30pm) the business operates with the 2 owners and up to 3 part timers in peak season, there is scope to extend the hours, open on Sundays and offer a Delivery Service.

The business concentrates on the fish and chip service, but also offers a variety of other options. Four Star reviews on Trip Advisor. Scores on the Doors Hygene Rating 5/5.

The excellent Accommodation comprises, a Studio Flat on the Ground Floor and two Luxury 2 & 3 Bedroomed Flats above, which compliment the business and are capable of producing in excess of £15,000 per annum, or providing very comfortable accommodation for the Owners family. There is also an Integral Garage.


This is a genuine retirement sale

Property Details

Years Established:

50

Property Type:

Real

For Business Investors

Business Type:

Establishe Business

Other Business Details

Business Location:

Town centre

Miscellaneous Details

Reason For Selling:

Retirement

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