HIGHLY PROFITABLE & WELL-ESTABLISHED FISH & CHIPS BUSINESS

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Internal Ref: BUY2464

Summary

This is one of the best licensed fish & chip shops in the inner city area with a reputation for fresh cooked traditional fish, chips and burgers.

Net Profit

$200,000 pa

About the Business

This prime business opportunity offers a secured long lease (up to 2033), impressive weekly revenue, and is located in a high foot visibility location and a stone's throw to the Brisbane City.

The shop is situated in a great location which lies on the east of the Brisbane River nearby the University Of Queensland and many major governmental facilities. Apart from these major facilities, the area is predominantly residential, with some light industrial and commercial areas.

The business is long established and remunerative-proven with a cheap rent of $2,000 per week (inclusive of outgoing & GST etc.).

The business has been established for over 50 years and the present owner took over in September 2023. The owner has reluctantly decided to offload due to his unforeseen family commitment overseas.

This is a fantastic opportunity to acquire a successful licensed fish & Chips business with a solid reputation and a loyal customer base situated in a prime location in a LOCATION-PROVEN neighbourhood. This business enjoys high foot traffic and visibility ensuring a steady stream of customers throughout the day.

Operating full time by the owner, this fish & Chips business boasts a weekly sale of averaged $12,000 making it a profitable venture for any prospective buyer.

One of the key strengths of this business is its loyal and regular client base. Over the years, this eatery has built a strong following of customers who keep coming back for the delicious and fresh food, friendly service, and welcoming atmosphere. The shop has become a favourite spot for locals, making it a well-loved gem in the community.

This business is highly suitable for a family or partners.

The shop & kitchen are properly fitted & include an exceptional list of quality assets & inclusions.

Weekly income averaged $12k with peak season performance over $18K weekly. Factoring in the weekly wages, the rent and costs of good, the net income of this business to the owner is close to $200K pa. before his wage.

This is a prized business that is perfectly suitable for 188a visa applicants.

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