Recent content by houman1979

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    Haulage Business

    Hi, I am thinkibg about buying a lorry and then hire a driver for a haulage business. I want to start it with only one lorry. I've read loads of documents about the haulage businesses or driving own lorry, but I did not find anything about a somehow buy-to-let haulage business model. Anyone...
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    Fish and Chips

    thank you very much. I have a similar thing and based on my figure and as you said at £150K sales it is rubbish (best case a breakeven). At £200K it starts making some money. It is the reason that I am becoming less interested.
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    Fish and Chips

    As always I found your comments very wise and helpful. thanks
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    Fish and Chips

    noted with thanks. Actually I am not desperate at all and after couple of viewings I am more suspicious.
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    Fish and Chips

    I am not going to have a row with someone who even does not bother to read the posts correctly. Also the OP was for three months ago and another shop. this is a new one Mr. intelligent. Even at that time I did not believe the claims otherwise why posting here?
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    Fish and Chips

    the business sale price is about £90K and the business turnover is £150K. Thank you for your comments. Appreciated.
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    Fish and Chips

    It is a wrong idea as you can create a real business and then open the next shops! As someone above said that he knows a guy owns many branches. It is a very difficult job but it is worth it. So, restaurants are scaleable if you can establish a system that works with the minimal supervision...
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    Fish and Chips

    I have never said £150K is net profit and that comments you mentioned was a typo. !! and so I dont know why you think I went mad!!! I am not stupid to dont know that a small shop cannot make £150K net profit. Also, if you read my thread it was my main question that based on these figures these...
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    Fish and Chips

    Honestly, in my area there are not many shops for sale (about three in the last six months). the fact that it is a job is applicable to all kind of similar businesses (small restaurants and cafes) and I think it is up to the owner's wisdom to create a system and establish a real business (i've...
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    Fish and Chips

    actually it was not £150K net profit, it was £150K as sales and I am wondering can I make a net of about £30-40K from this sale? I know about the rest, and it is somehow similar among the shops I've seen. rent and rates around £15-20K, staffs are usually part time on minimum wage, utilities...
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    Fish and Chips

    thank you for your reply. as your observation is about the real cases it is very useful. on the other and the funny thing is that when you look for a pizza shop or burger or any other restaurant types, you will hear the same thing. I know that running a business is a tough job, or maybe the...
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    Fish and Chips

    I started this thread about three months ago and since then I've seen some chippies. Based on what I read on the other websites and forums, most people are talking very badly of fish and chips. very low profit margin (about 10-15% for net) and very low turnover. But my question is that if this...
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    Fish and Chips

    Very good advice and I thank you so much. As you said many of these businesses are actually jobs and without your presence they are dead. My goal (which is not easy) is to make them a business and I've seen people who have done it.
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    Fish and Chips

    Thanks. I know that we need hard facts but the problem is that it is not easy to find them. Accounts may not be accurate. About the sale my estimation is that the business can sell around £350K per year (based on my sampling of number of the customers and menu prices in different dates and...
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    Fish and Chips

    Hi, I viewed a fish a chips for sale recently and in my view there are two concerns in the business and I want to know about the others opinions: -owner claims that the business makes about £150K net per year but the the sale price is about £120K. Does it make sense that you sell a business...
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