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SOLD STC

North Street, Leighton Buzzard, Bedfordshire, LU7

Offers in Region of
£50,000

£69.35 per sq ft

Business rates & charges may apply

Goodwins Business Brokers Ltd, Rotherham
SIZE AVAILABLE

721 sq ft

67 sq m

SECTOR

Takeaway for sale

USE CLASSUse class orders: A3 Restaurants and Cafes, A4 Drinking Establishments and A5 Hot Food Take away

A3, A4, A5

Key features

  • Main High Street Location
  • Enviable Reputation
  • Extremely High Quality Fit Out
  • Turnover in excess of £140k PA
  • Impressive Net Profits

Description

Ocean Fish Bar

BUSINESS SUMMARY

Business Name: Ocean Fish Bar
Location: 66a North Street, Leighton Buzzard, Bedfordshire, LU7 1EN
Type of Business: Fish & Chips Restaurant

BUSINESS DESCRIPTION

Ocean Fish Bar is a popular local fish & chip restaurant located with a legacy of 66 years in the heart of the market town of Leighton Buzzard. 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 located on a busy main router into Leighton Buzzard.

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.
Kids Meals: Various kid's meals
Drinks: A range of soft drinks

MARKET ANALYSIS

Leighton Buzzard boasts a dense population with a strong affinity for traditional British food. Ocean Fish Bar has a loyal customer base, owing to its quality of food, location, and service. The business has also gained custom among visitors who flock to the market town for its many events and market days throughout the year.

FINANCIAL OVERVIEW

Turnover circa: £143k

Adjusted Net Profit circa: £27.5k

KEY ACHIEVMENTS

Reviews:
4.5-star rating on 'TripAdvisor' with 38 reviews.

4.7-star rating on 'Uber Eats' with over 1500 reviews.

4.4-star rating on 'Google' with 152 reviews.

Loyal Customers: Regular, repeat customer base provides ongoing consistent revenue.
Hygiene Awards: Rated 5-star hygiene by the Food Standards Agency in November 2021.

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 limited windows Tuesday to Saturday.
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 Additional Delivery Partners: The business currently works with UberEats however, there is scope to introduce working partnerships with Just Eat and Deliveroo to compliment.

PREMISES

The premises is a ground floor retail unit with various storage rooms and a toilet, on a busy residential street, alongside complimentary assortment of retail shops. The premises is available by way of a lease assignment at £8,000 per annum with six years remaining on the lease.

The vendor has made improvements to the property, however could benefit from a little updating.

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

FURTHER INFORMATION

Further information is available by speaking with us and viewings are strictly by appointment only as the sale of this business is strictly confidential.

For more information, please contact us.

Energy Performance Certificates

EPC

North Street, Leighton Buzzard, Bedfordshire, LU7

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leighton Buzzard Station0.7 miles
  • Cheddington Station4.1 miles

About Goodwins Business Brokers Ltd, Rotherham

Phoenix Riverside, Rotherham, S60 1FL

Goodwin?s Business Brokers are the right choice.

We think our experience in owning and selling businesses ourselves, puts us directly in your shoes.

Our founders Michael & Simon spent over 7 years building a health care business from zero to a £16M turnover business with over 700 employees, and the time came they decided the time was right to make an exit from this business and move onto another passion..

Everyone in our team have been previous business owners and have been through the process of selling their business, which puts us in an unusual place of being your perfect selling partner.

We know you have put blood, sweat and tears into your business and you need the right buyer, at the right price and in the right timescale to make your exit successful.

What?s more, you need a broker who can be trusted, truthful and who can perform to drive the sale of your business.

Notes

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