Fish & Chip Takeaway Food Business - Turnover of $850K+

7 days ago

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Internal Ref: 1909603

Summary

A fantastic opportunity exists to acquire a profitable fish & chips, seafood and burger takeaway food business in Newington.

Location Details

Set up in 2014 with a new fit-out and prime exterior location, the business services the growing population of Newington and Olympic Park and is well known in the community for its quality seafood and easy going atmosphere.

Skills

The business would suit a purchaser looking for a simple profitable business a family can run or someone with prior experience in small business as an owner operator. Save time and money by taking advantage of the strong established reputation the business has established over the years.

Hours

7 days a week with takeaway/pick up available through online ordering with Menulog/EatNow.

Lease

Lease until 2022.

Employees

2x Owners
7x Staff
2x Casual delivery drivers

About the Business

The premises occupy an excellent corner location and is approx. 65 sqm in size and includes a hot food bar, refrigerated glass display cabinets and seating at the front for up to 60 patrons. Lease until 2022.

The business would suit a purchaser looking for a simple profitable business a family can run or someone with prior experience in small business as an owner-operator. Save time and money by taking advantage of the strong established reputation the business has established over the years.

Key Points:
- FY2017 the revenue for the business was $863,225 with an adjusted return to the owners of $142,806.
- Successful food takeaway / fish & chip shop
- Situated in a bustling shopping centre location with seating for up to 60 patrons
- New fit out completed in 2014 includes a hot food bar and refrigerated glass display cabinets
- The menu focuses on affordable family food, offering a selection of traditional takeaway favourites


For more information on this exciting food opportunity, please contact the undersigned:

Luke Musumeci
Business Sales Specialist
Mentored Business Sales, Corporate Business Sales & Acquisitions
M: 0424 430 030 T: 1800 858 696 E: lmusumeci@mentored.com.au

For more details go to www.mentored.business and complete our online confidentiality agreement. Use the reference ID 1909603 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Business categories: Food, Takeaway, Fish and chips, Online, Restaurant, Cafe, Coffee shop, Business for sale

History

Set up in 2014.

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