Shops Will Be a Real Catch; OWNER IS SELLING SUCCESSFUL CHAIN OF THREE CHIPPIES AS HE MOVES ON TO OTHER VENTURES

Evening Gazette (Middlesbrough, England), August 17, 2017 | Go to article overview

Shops Will Be a Real Catch; OWNER IS SELLING SUCCESSFUL CHAIN OF THREE CHIPPIES AS HE MOVES ON TO OTHER VENTURES


Byline: KELLEY PRICE kelleyprice@trinitymirror.com @KelleyPrice_gaz

FANCY starting a new business that's "an essential part of the local community" and has potential for "very high profit margins"? This chain of popular Teesside chippies could be the way to go.

The owner of Pelican Jacks is selling his three fish and chip shops in Eston, Whale Hill and Marske.

John Reeves says there's the opportunity of a high return on investment for anyone who gets into the fish and chips game - but he is planning to "concentrate on other professional ventures".

Pelican Jacks is the only chippy in Middlesbrough which carries the Fish & Chip Quality Award from the National Federation of Fish Fryers.

The shops don't need any "further capital investment", John says - and they're "equipped to the highest quality".

He said: "Pelican Jacks gives any purchaser a great opportunity for quite a high return on their investment, it's a very high profit margin business - you are looking at between 65 -70%.

"If you can get the mix of the product well organised, you can increase that even further. We've just introduced things like ice cream and ice blasters, which have added about 10-15% on to our food revenues. …

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