Summary
Situated in a prime waterfront position on the Far South Coast of NSW, Offering both fresh and cooked seafood Revenue around 2 million Low Rent around 47000 per year Net profit 300k+
Revenue
$2,000,000 pa
Rent
$47,000 pa
Net Profit
$3,000,000 pa
Reason for Sale
Owner bought another bigger business and needs to move
About the Business
Situated in a prime waterfront position on the Far South Coast of NSW, Offering both fresh and cooked seafood this is one of the best performing businesses of its type in southern NSW.
Located in the heart of the scenic Sapphire Coast, halfway between Batemans Bay and Merimbula, this town is renowned for its spectacular coastline, fresh world-class produce, and relaxed lifestyle, making it a magnet for visitors from all over the world.
located at Fishermen's Wharf, the premier hub of hospitality in the town and a high foot-traffic precinct very popular with visitors & locals alike.
Concentrating primarily on locally sourced fresh produce, the business stocks a large variety of fresh seafood including local fish, prawns, oysters, and a variety of frozen products, as well as an extensive menu of cooked seafood for takeaway meals.
Highly regarded for freshness, quality and service, The business has enjoyed consistent growth for many years and, with the rapidly increasing numbers of people visiting and settling here , combined with the unique setting, there is a huge opportunity to increase sales even further in the future.
Recent financial year Gross Turnover approx. $2M per annum, generating a significant profit. The business operates every day except Christmas Day, with opening times flexible and variable depending on the time of year. There are 10 highly experienced casual staff who are willing to stay
Owners will provide 2 weeks training prior to purchase, plus an additional 2 weeks following transfer of ownership.
The current owners have bought another Business and make this business under management. Now they don’t have enough energy to manage both. so this could be your opportunity to live and work on the beautiful NSW Far South Coast.
History
Since 2006
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