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Business for Sale Summary

Fish & Chips - 24876

Business Type: delicatessen/catering services,fast food franchise,other eating & drinking places,other food stores,restaurant/ cafes,best deals!,absentee business,new to market,seller financing available
Owner Financing
Fish & Chips
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This business has received 36 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $199,000 Down Payment $100,000
Gross Revenues $300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $60,000 Number of FT Employees Register Free to View


$100,000 Down and $100k for 5 years @ 7.5 %

Business Description

Suffolk prepared fish, chicken & seafood store offering fish and chips,fried chicken, ribs, salads, seafood platters, and sushi. This store cost absentee seller over $270,000 to build & because of the language barrier between the seller and manager it was hard to build the business. This is a great store built for very high volume. Opportunity to add Spanish, Greek or Chinese food . This store offers the best cooking line around with lots of fryers, walk in boxes, and tons of equipment. Equipment is under 2 years old and is all brand new! Located in a busy area with a great lease and low rent. It has had fantastic exposure with a 14 year lease. This is take out-eat in and offers delivery for orders over $15 dollars. There is lots of room for improvement and seller is never at store. Seller is asking $199k with $100k down. Rent is only $2975 all lease long. The seller pays manager and helps all her present profits because she is 100 percent absentee.This is a great place to promote catering. This is a great niche listing and a must see! Contact Broker Jim Aloi

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.