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Summary
Booval Seafood offers a fantastic opportunity for a motivated buyer to take over a well-established, profitable business with strong turnover and growth potential.
Location Details
Silkstone Village 8/73 Blackstone Road, Silkstone, QLD, 4304
Reason for Sale
Sale Details
• Reason for Sale: Retiring
• Training: 4 weeks of comprehensive training provided by current owners
• Transferable Assets: Business name, Facebook, and Google accounts included
• Asking Price: Contact for details (reflects value of fit-out, equipment, and stock)
About the Business
Key Financials
• Turnover (FY to 8 June 2025): $933,313.75
• Average Customers per Week: 1,100 (144.5/day Mon-Thu, 186/day Fri-Sun)
• Average Spend per Customer: $18.63
• Profit Margin: 50%
• Current Stock Value: $12,651.60 (fluctuates between $10,000–$15,000)
• Lease Details: $6,569.10/month (includes outgoings and marketing contributions)
• Utility Costs:
• Gas: $568/week
• Electricity: $425/week
• Water: Included in outgoings
Wage Bill (FY): $350,000
• 7 casual staff (Fast Food Industry Award [MA000003])
• 1 permanent staff
• Profit & Loss: Full statements for the last 2 years provided
• Equipment Agreement: Coca-Cola (CCP) supplies a 4-door fridge stocked with their drinks
Assets Included
• Comprehensive Inventory: Full list provided, valued at approximately the cost to refit/re-equip the shop (comparable to asking price)
• Fit-Out & Equipment: 2017 fit-out ($200,000) and 2025 refurbishment; includes all shop equipment (excl. walk-in fridge/freezer motors, fryers, and grill, which were retained from the original location)
• Business Assets: Business name, Facebook page, Google My Business profile, and advertising sign at Sandy Gallop Golf Course (2nd tee)
Operational Highlights
• Trading History: Operating successfully since the mid-1990s, with current owners since 2006
• Location: Prime Silkstone location for 8 years, with a new 5-year lease (from 1 Feb 2025)
• Staff: 7 casuals + 1 permanent, opportunity to reduce wage costs by running as a family business with junior casuals
• Online Presence: Active Facebook page and Google My Business profile
• Reputation: Known as Ipswich’s busiest seafood store with a loyal customer base
Opportunity
Booval Seafood offers a fantastic opportunity for a motivated buyer to take over a well-established, profitable business with strong turnover and growth potential. The current owners have prioritized staff welfare and a comfortable wage, but a family-run operation with junior casuals could significantly increase profitability. With a new lease, recent refurbishment, and comprehensive training, this business is ready for its next chapter.
Contact
For more information, including the full inventory list, lease agreement, and profit/loss statements, please contact NGU Ipswich directly. Don’t miss this chance to own Ipswich’s premier seafood/takeaway business!
History
Booval Seafood, the busiest seafood store in Ipswich, is now available for purchase. Established in the mid-1990s and under current ownership since October 2006, this thriving business has a strong reputation and loyal customer base. Relocated to its current prime location 8 years ago, the business underwent a $200,000 fit-out in 2017 and a recent refurbishment in 2025 to align with a new 5-year lease (commencing 1 February 2025). This is a turnkey opportunity with all inventory, equipment, and training included.
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