Business for sale in East London
Well-established Fish and chips Takeaway business
Established in the1980s (over 40years old)
The store has had only 2 owners since opening
Big Solid customer base (people come from all over the Eastern Cape to buy, including Umtata, kokstad, and Butterworth )
Located in Central town in main Road, cambridge street
There are lots of mechanics and government offices around the shop and the train station is in the next street.
Only takeout in the street
menu can be expanded can add on chicken, meat, airtime and other products.
The new owner can even sell groceries.
Space is massive, plenty space to add offices and rooms.
The lease is still in place and can be negotiated for 6, 12, or 24 months without any issues.
All shop equipment (freezers, fridges, fryers, speed points, tills, stands, shelfing).
Store is registered with MR Delivery
24 hour security guards are onsite
Includes current staff and signature fish recipes.
Start making money from day 1
- Asking Price:
- R250,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R500K - R1.5M
- Cash Flow:
- Under R100K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease will be transferred to new owner. Can choose 6,12 or 24 month lease.
- Location:
-
64 Cambridge Street
- Premises Details:
-
In middle of CBD in Central square. Street facing.
- Size in square feet:
- 125
- Planning Consent:
-
All alterations can be done inside the store at the new owners cost.
Business Operation
- Expansion Potential:
-
Yes availability to expand
- Competition / Market:
-
No other takeaway in the street
- Reasons for selling:
-
Owner is ill and Elderly, needs to retire for health reasons
- Trading hours:
-
Mon to Sat
working hours
Saturday closes at 2pm
- Employees:
- 3
- Years established:
- 45
Other Information
- Support & training:
-
Yes full training and support provided from seller including list of suppliers
- Furniture / Fixtures value:
- R150,000 - included in the asking price
- Inventory / Stock value:
- R60,000 - included in the asking price
- Relocatable:
- This business can be relocated.
