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From £10,000 in some northern areas to £350,000 in London for leaseholds, with freeholds selling for up to £500,000. You also need to think about if you’ll offer table service or will be a takeaway-only chippy. It’s little surprise then, that many business owners are tempted by the prospect of owning their own chippy.
Depending on the premises you lease or buy, this decision may already be made for you.
But if you choose to operate a restaurant, you will need to account for furniture, toilet facilities, and additional staff at the very least.
To help get your fish and chip business off to the best possible start, here’s an overview of all you need to know.
As with any new business, consider your location carefully.
If you opt for the latter, you could benefit from inheriting a loyal customer base, but consider why the current owners are leaving.
Your trade will naturally fluctuate around working hours so consider your opening times too.Traditional seaside resorts are prime locations, as are areas with a high concentration of senior citizens, and city centres.A prime location may mean that you pay higher business rates so you need to factor this in too. Here are a few regulations you should look into: If you’re starting from scratch, inviting in environmental health inspectors before you kit out your shop is a wise move.They can advise on the most convenient location for your fixtures and fittings.If you’ve taken over a fish and chip shop then the chances are you already have the equipment in place.But if not, there’s an essential few things you need to get going and these can be a big portion of your start-up costs.Pouring hot, used oil down the drain can attract vermin and could result in fines too.Some companies will collect your oil for you and then recycle it into renewable biodiesel.Fish and chip shops are a staple of the British food industry and with around 10,500 outlets  around the country, they outnumber popular fast food chains, such as Mc Donald’s and KFC.The British public eats around 382 million portions of fish and chips per year, spending a staggering £1.2 billion!