Takeaway for sale

Ballater, Aberdeenshire, North Scotland, AB35

£59,995

Property Description

Key features

  • Ref:14650 A
  • Leasehold

Full description

Business
Hilton Smythe welcomes to the market Phoenix Chip Shop.

The business was originally established in 1966 and has been in our client's careful ownership since 2000. Only now is the business being offered to the market due to our client's desire to move on. The business currently operates 7 days per week and generates a turnover in the region of £200,000 per annum, with a net profit of approximately £30,000.

Our client offers very high quality traditional fish & chips, fish cakes, scallops etc. The premises boasts a spacious customer service area and a large preparation area. The business has built up an enviable reputation within the area for the high quality of the fresh fayre offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is huge potential to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to promote the goods and service offered. We also feel there is potential to introduce new fayre such as pizza's, kebabs, chicken etc.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to acquire a very busy and profitable concern; therefore, early viewing must come highly recommended to avoid disappointment.

Location
Hilton Smythe are delighted to welcome to the market this well-established and popular fish & chip shop, ideally located within Ballater, Aberdeenshire.

The business is located just off the main high street, surrounded by residential dwellings from which the business derives much trade.

The area is accessible from the A93.

Premises
Single storey premise with vibrant signage.
Equipment includes.
3 pan Edin Range Fryer,
3 Phase pizza oven,
3 Phase Grill,
6 Freezers,
4 Fridges,
Drinks fridge,
Pizza dough mixer,
Batter mixer,
Bold chipper and peeler,
A brand new kitchen just been installed.

Tenure
We are advised the business is being sold as a Leasehold

Original lease length: 20 years
Remaining lease length: 10 years as of 2017.
Rent: £20,000 per annum.
The business is exempt from business rates.

Hours
The business opening hours:

Monday: 4.30pm-9.00pm
Tuesday: 4.30pm-9.00pm
Wednesday: 4.30pm-9.00pm
Thursday: 4.30pm-9.00pm
Friday: 4.30pm-9.00pm
Saturday: 4.30pm-9.00pm
Sunday: 4.30pm-9.00pm

Staff
The business is run and managed by our client, with the help of 7 part time staff.

Financial Profile
The business reports turnover at circa £222,120 with gross profit at around 55% for this financial year.


Nearest station

  • Insch (25.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Insch (25.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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