How do I sell a fish and chips shop?
To sell a fish and chips shop, gather fish supply and cost records, write down the batter and recipe handover, keep fryer and oil-management logs, show seasonal and Friday trade patterns, and check early whether a franchisor must consent to the sale.
A buyer will want to see the regular customers and the menu laid out clearly. What buyers want to see is that the quality can be repeated. That means records for the fish, the batter and the fryers, and a clear view of how the week and the year unfold.
Fish supply and cost records
Collect invoices and supplier details for each type of fish you serve, along with notes on how you handle shortages or changes in the market. Buyers will ask who supplies you, how long the relationship has lasted and whether terms carry to a new owner. A tidy record also shows how costs have moved, which helps a buyer judge the business fairly.
Batter, recipes and handover
Write down the batter, the sauces and the cooking times so they do not live only in your head. Decide what you are willing to teach, how long you can stay for training and whether the recipes are part of the sale. Our page on whether recipes come with a restaurant explains why this belongs in the written agreement.
Fryers, oil and equipment
Pull together the service records for the fryers, the filtration and the exhaust system, along with a log of oil changes and who looks after them. Sort the equipment list into what you own, what is leased and what stays with the building. Buyers and inspectors both take these records seriously, so having them ready saves time.
Seasons, Fridays and franchise consent
Show how trade shifts across the week, the year and holidays, so a buyer can see what carries the shop. If the shop operates under a brand, ask your lawyer early what the franchise agreement says about consent, fees and the buyer’s approval. See also the page on what happens to your franchise when you sell.
Related reading
12 pages on the same subject, grouped by topic.
Buying
- Expert answerWhat should I check before buying a fish and chips shop?
- Expert answerShould I buy a fish and chips franchise or an independent chip shop?
- Expert answerHow do I find a fish market or seafood store for sale?
- Expert answerWhat should I check before buying a fish market or seafood store?
- Expert answerDo the recipes come with a restaurant when you buy it?
- Expert answerWhat should a restaurant asset purchase agreement cover?
- Expert answerWhat is a restaurant takeover?
- Expert answerHow do I transfer a food premises licence when buying a restaurant?
Selling
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaIndustryHow to sell your business
- 02Business Development Bank of CanadaGovernment7 steps to increase your business’ value—before you sell it
- 03Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
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