The business, which sells cockerel-shaped treats, has a history dating back more than 100 years.
The cock-on-a-stick stall and its owner Ray Brooks have been a staple of Nottingham's Goose Fair for decades.
After agreeing to the sale, Mr Brooks demonstrated how he made the brightly-coloured sweets in his garage. Speaking to the BBC in 2003, Mr Brooks said making the cocks was a "slow process", which started four months before Goose Fair took place."We then add the colour. We pull the toffee and it turns white," he said.
After completing his first stint running the stall, Mr Smith said he wanted to retain the business' character.
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