£1.5m turnover from a fish and chip shop

[qwerty123]

I was chatting to my friends who sells catering equipment and he told me that a local fish and chip shop that doesnt even seem that busy turnsovers £1.5m a year. Thats opening about lunchtime till about 9:00 at night.

Thats works out at about £4800's a day average turnover which seems incredible for such a simple business.

Guess I did the wrong thing spending 4 years at uni to earn £22k before tax


How much profit do you think they will be generating off a business like that???

[xiphias]

I think that is known as fraud.

[elster]

I doubt it will be one fish and chip shop with that turn over

[507bhp]

qwerty123 said:

I was chatting to my friends who sells catering equipment and he told me that a local fish and chip shop that doesnt even seem that busy turnsovers £1.5m a year. Thats opening about lunchtime till about 9:00 at night.

Thats works out at about £4800's a day average turnover which seems incredible for such a simple business.

Guess I did the wrong thing spending 4 years at uni to earn £22k before tax


How much profit do you think they will be generating off a business like that???

If you say the average spend per customer is £3 then that chippy is serving 1600 portions per day. Something's wrong there isn't it!

[Urban Sports]

Have you seen the price of cod?

[WestYorkie]

xiphias said:

I think that is known as Laundering money.

EFA

[Flintstone]

As a sole trader? About three thousand squid a week. Cod be that before ling their profits will hit rock bottom.

[drivin_me_nuts]

A family friend owns a take away in the busiest part of Brighton. It takes 7-8k per Saturday evening. Good money, business rates a ferocious thought.

[Jem0911]

Should be running at 70% gross profit,
Sounds abit of a rarity at that turnover?
Normally £1000 a day for a fair chippy,
Some of my mobile customers see £2500 to £3000 daily mainly the Kebab boys.

[Steamer]

Urban Sports said:

Have you seen the price of cod?

£5 for Cod and chips by me now.

[Arese]

That's approximately 600 portions of fish and chips a day. 60 an hour, 1 every minute for 10 hours! Highly unlikely?

[Ordinary Bloke]

That's what I thought. Salt? Vinegar? Pickled Egg? Cocaine?

[xiphias]

WestYorkie said:

xiphias said:

I think that is known as Laundering money.

EFA

Is there a difference?

[Rocky Balboa]

Ordinary Bloke said:

That's what I thought. Salt? Vinegar? Pickled Egg? Cocaine?

[riwiho]

507bhp said:

qwerty123 said:

I was chatting to my friends who sells catering equipment and he told me that a local fish and chip shop that doesnt even seem that busy turnsovers £1.5m a year. Thats opening about lunchtime till about 9:00 at night.

Thats works out at about £4800's a day average turnover which seems incredible for such a simple business.

Guess I did the wrong thing spending 4 years at uni to earn £22k before tax


How much profit do you think they will be generating off a business like that???

If you say the average spend per customer is £3 then that chippy is serving 1600 portions per day. Something's wrong there isn't it!

£3 !

I do not eat Fish & Chips on a regular basis but that is brilliant. I believe I paid in the region of £5-6 last time visited a chippy.

[SS HSV]

xiphias said:

WestYorkie said:

xiphias said:

I think that is known as Laundering money.

EFA

Is there a difference?

Yes you can't eat Laundered money

[Rollin]

WestYorkie said:

xiphias said:

I think that is known as Laundering money.

EFA

[WestYorkie]

xiphias said:

WestYorkie said:

xiphias said:

I think that is known as Laundering money.

EFA

Is there a difference?

Thinking about it... is there? I'd think Fraud is along the lines of "You pay me £1000 to plaster your hall now" then I don't turn up. Or is that just Theft?

And Money laundering is when you say you sold 100 F&C a day and pay tax on that but really only sell 50.

Sorry for going O/T.

P.s wasn't meant maliciously.

[GreenDog]

Ordinary Bloke said:

That's what I thought. Salt? Vinegar? Pickled Egg? Cocaine?

Happened to me in Cuba, guy comes up and offers me cigars, I refuse, he offers me marajuana, I refuse, he offers me cocaine ....

[Ordinary Bloke]

GreenDog said:

Ordinary Bloke said:

That's what I thought. Salt? Vinegar? Pickled Egg? Cocaine?

Happened to me in Cuba, guy comes up and offers me cigars, I refuse, he offers me marajuana, I refuse, he offers me cocaine ....

When you refused that, did he offer you Coley and a small portion of soggy chips?