Takeaway - Fresh & Cooked Seafood - Retail - Fish & Chips - W1725

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$1,050,000

Description

Takeaway selling fresh seafood and cooked fish sourced daily from market. - Strong budget fish & chip trade plus premium offerings - No competition apart from supermarkets. - Currently 65% fresh seafood and 35% fish & chip takeaway - Extremely profitable retail store inside a busy food court with share seating for 100

Potential

Increase social media presence - Two owners could save on wages. - Could suit investor

Features

Double fronted corner premises. - Stunning fit out with extensive frontage.- Well known name with reputation for high quality fresh seafood. - Extremely profitable

Premises

Stunning fit out with extensive frontage and amazing display of products with an area of 150 sq.mts.

Location

Prime location in foodcourt near entrance of major supermarket in large shopping mall in Northern Beaches.

Trading Hours

7 days - Shopping centre hours

Lease

Current lease expires June, 2028 - 2.5% annual C.P.I rent increases - 3 months bond

Employees

2 owners + 1 full timer + 6 part timers

Comments

Unique opportunity to purchase extremely profitable retail seafood business- Suit multiple ownership structure - Name is included in sale which enhances goodwill - Genuine market leader with trained staff..-2nd largest fish shop in Sydney - Current owner has been operating shop for 24 years. - Urgent sale - Shopping Centre is well known for high traffic volume and ranks highly on a national basis.

SBX ID

W1725

Figures
  • Takings: $107000/week (GST)
  • Cost of Goods: $57000
  • Gross Profit: $50000
  • Rent: $8101
  • Wages: $12000
  • Telephone: $35
  • Insurance: $625
  • Electricity: $1100
  • Gas: $350
  • Total Expenses: $22211
  • Nett Profit: $27789
  • Estimated Stock (Additional): $10000
  • All other values ex GST
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