Lower Lane, High Peak, Derbyshire, SK23

Chippy of Chinley

Turnover circa: £104,000

Adjusted Net Profit circa: TBC

BUSINESS SUMMARY

Business Name: Chippy of Chinley
Location: 34 Lower Lane, Chinley, High Peak, SK23 6BD
Type of Business: Fish & Chips Restaurant

BUSINESS DESCRIPTION

Chippy of Chinley is a popular local fish & chip restaurant located in the heart of Chinley in the Peak District. Known for its traditional take on the British classics, the establishment is a firm favourite among both locals and visitors to the area with the benefit of being the only fish and chip shop in the village of Chinley, creating a captive audience.

PRODUCT/SERVICE OFFERING

Fish & Chips: Freshly battered cod, haddock, Scampi, served with golden crispy chips.
Pies / Chicken / Sausages: Chicken Strips, chicken Burgers, various Pies and Sausages.
Burgers: Beef burgers, chicken burgers and veggie burgers.
Kids Meals: Various kid's meals
Drinks: A range of soft drinks

MARKET ANALYSIS

High Peak boasts a dense population with a strong affinity for traditional British food. Chippy of Chinley has a loyal customer base, owing to its quality of food, location, and service. The business has also gained custom among tourists who flock to the Peak District with its year-round tourist trade.

FINANCIAL OVERVIEW

Gross Revenue: £104,000
Net Profit: TBC

KEY ACHIEVMENTS

Reviews:
4.5-star rating on 'TripAdvisor' with 58 reviews.

5-star rating on 'Facebook' with 10 reviews.

4.5-star rating on 'Google' with 112 reviews.

Loyal Customers: Regular, repeat customer base provides ongoing consistent revenue.
Hygiene Awards: Rated 4-star hygiene by the Food Standards Agency in December 2022.

EXPANSION OPPORTUNITIES

Delivery: Implementing a delivery service to cater to the increasing demand for at-home dining through directly employed staff to compliment food app orders.
Catering: Catering services for events, parties, and corporate lunches.
Opening Hours: There is a potential for growth as the chip shop only opens Wednesday, Thursday, Friday, and Saturday 5 -8 pm
New Menu Items: Introducing vegan and gluten-free options to cater to a wider audience.
Website Implementation: The business attracts custom through local reputation and passing trade, however there is an opportunity to develop and implement a dedicated website with ordering capabilities for click and collect and/or deliveries.
Introduce Delivery Partners: The business does not currently work with any delivery partners, so there is scope to introduce working partnerships with Just Eat, UberEats and Deliveroo etc...

PREMESIS

The premises is a ground floor retail unit with various storage rooms and a toilet, on a busy residential road, alongside complimentary assortment of retail shops. The premises is available by way of a lease assignment at £11,665 per annum.

The vendor has made significant improvements to the property and introduced new catering equipment and furnishings which offer a warm and welcoming environment for customers and requires no further investment from an incoming operator who can capitalise on the extensive fit out to date.

Viewing is essential to appreciate the quality of the business on offer.