Total of 18659 firms and businesses for sale today Wednesday 22nd May 2024
Time to Sell or Time to Buy !

Sold. Traditional Fresh Fish Retail Shop, Selling Shellfish & Smoked Fish, Local Family Run Business.

LISTING DETAILS
Firms For Sale ID:
32804
Vendor reference:
EJ062
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£99,000  
Turnover / revenue:
£150,000
Net profit / cashflow:
£55,000
Trading hours:
Currently opens just one and half days per week, due to ill health
Employees / staffing:
Owner run. No staff.

OTHER DETAILS
Reason for selling:
Retirement
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Traditional Fresh Fish Retail shop, selling Shellfish & Smoked Fish, Local Family run Business. Established since 1965
Ref.EJ062
Location Walworth SE17, London
Asking Price GBP 99,000
Fresh and Frozen fish retailer, licenced to sell fresh fish, poultry and meat. This well positioned family run business benefits from a low rent and with the addition of a one bedroomed self contained flat above, currently producing an GBP8,000 per annum income resulting in the retail premises costing just GBP20 per week.
Key Strengths:

Location and very low running costs. Reputation and well supported by the local community.

Key Opportunities:

Expand to sell Meat, Poultry and possibly Halal meat and trade seven days per week .
Growth and Expansion:

Currently only open one and half days per week, due to the health of the owner. This shop is perfectly placed to hugely expand its trade. Can be open seven days per week and with the benefit of extremely low running costs would enjoy an excellent profit potential.

Expansion Potential
Currently only open one and half days per week, due to the health of the owner. This shop is perfectly placed to hugely expand its trade. Can be open seven days per week and with the benefit of extremely low running costs would enjoy an excellent profit potential.