Hilton Smythe is delighted to welcome to the market Reedley Fish and Chips. The business was originally established by our client in 2010. The owner is now looking to sell the business due to the desire to take a well-deserved retirement.
The business runs as a traditional fish and chip shop selling classics such as fish and chips, puddings, pies and more. There is a flat above the shop, which is included within the sale and benefits from a lounge, large kitchen, bathroom with new shower unit, two bedrooms, double glazed windows, 5 large radiators, wooden flooring and carpeted stairs. The flat has its own separate entrance with a camera on the door and a further secure door to the flat.
The fish and chip shop currently generates an advised turnover of around £15,000 per with a gross profit of around 72% as per 2015 accounts. The business is currently run at a steady pace to suit our client and so with a hard working new owner the turnover could be increased. Opening longer hours should be something the purchaser looks into.
The flat could be used as owners' accommodation or let out to generate further income.
This is a great opportunity for a purchaser looking for a well-established business. The business is in a walk-in trading position, and come with a generous amount of repeat loyal custom. This is a densely populated location and so the owner sees many regular faces.
Our client has run these business at a high standard and so we advise any purchaser with experience to view, at the earliest convenience.
TENUREWe are advised the business is Freehold.
HOURSThe business is open-
Monday - Saturday: 11am - 2pm & 4pm - 9pm
Sunday: 4pm - 9am
Hours can be extended.
STAFFThe business is run and managed by our client with the help of family members.
FINANCIAL PROFILEThe business generated a turnover in the region of £15,000 as of the 2016 accounts.
With a gross profit of around 72%.
Reedley Fish and Chips is located in Brierfield, Nelson, Lancashire.
The business is situated on a busy main road. The chippy is on a retail parade with a butchers and a convenience store. There is other businesses in the area, however most of the property around is residential. The business receives most of its trade from the many locals in the area.
The road on which the business is located is a main a-road that runs from Burnley town centre and connects to the M65 motorway. There are several bus stops in the area, the closest being just 1 minute away. Brierfield has its own train station, which is a short walk from the premise.
The premise is well-presented and comes well-signed. This is visible to passing trade. The premise is on the corner of a retail parade. Above the shop is a two-bedroom flat.
The main retail area of the chippy is bright, due to the large front window. You are welcomed by a counter, with promotional signs on top. On entrance there is a seating area for awaiting customers.
3 pan Mallinson range
Kebab machine (never used)
Stainless steel shelving and work tops
Double drinks chiller
First floor accommodation:
Bathroom with new shower.
2 x bedrooms.
Double glazed windows.
5 x large radiators.
The flat has its own separate entrance with a camera on the door and a further secure door to the accommodation.