COASTAL FISH & CHIPS BUSINESS, $275K PROFIT MOTIVATED OWNERS & LIFESTYLE HOURS

18 days ago

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Internal Ref: BUY2599

Summary

Iconic coastal fish & chips business. Strong SDE ~$275k, lifestyle hours, loyal locals, long lease. Ideal for family or visa buyers.

Net Profit

$275,000 pa

Reason for Sale

Owners Retiring

About the Business

This is a rare opportunity to acquire a long-established, highly popular fish & chips business operating in one of the most desirable coastal lifestyle precincts in Queensland.
Positioned close to world-class beaches, parklands, and vibrant community hubs, the business benefits from strong local loyalty, steady visitor trade, and a reputation as a “must-go” destination that has stood the test of time.

The business has been established for many years and is deeply embedded in the local community. The current owners took over in August 2019 and have continued to operate it successfully, maintaining its popularity, consistency, and profitability.

PRIME LIFESTYLE SETTING (WITHOUT THE PREMIUM HOURS)
The surrounding area is known for its beautiful coastal environment, relaxed lifestyle, and strong residential catchment. Customers include loyal locals, families, and visitors enjoying the nearby beaches and outdoor amenities. The business enjoys consistent demand without reliance on late-night trading or excessive operating hours.

FINANCIAL SNAPSHOT (APPROX.)
Average Weekly Sales: ~$14,700 (including cash)
High Weeks: Up to ~$23,000
Low Weeks: Around ~$12,000
•otal Weekly Wages: ~$4,100 (including owners & casual staff)

After deducting cost of goods, wages, superannuation, and all operating expenses:
Annual Net Profit (after owners’ wages): ~$81,500
Seller’s Discretionary Earnings (SDE): ~$275,000

This provides a strong return for owner-operators and excellent justification for visa and family buyers.

OPERATION & STAFFING
Operated by a husband-and-wife owner-operator team
Husband and wife roles can be replaced with standard staff if required.
Supported by 5 -6 casual young staff (school kids age)
Simple, proven systems with smooth day-to-day operations

LEASE & TRADING HOURS
Lease in place until 2030, plus a 2-year option
Rent: ~$2,300 per week including outgoings, GST & signage
Trades only 5 days per week (Monday & Tuesday off)
Operates 48 weeks per year, allowing genuine lifestyle balance
This structure offers clear upside for buyers wishing to extend trading days or weeks.

WHY THIS BUSINESS STANDS OUT
Long-established and iconic local reputation (Iconic means British Style Fish $ Chips, using fresh cut potato home made chips!)
Prime coastal lifestyle setting
Strong SDE and transparent earnings
Reasonable rent with long lease security
Limited trading days = lifestyle friendly
Ideal for family operators, husband-wife teams & visa applicants

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