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No Cooking and Fully Managed Cafe in Major Shopping Centre – Ref: 12168
Internal Ref: B14987
Summary
Excellent opportunity to acquire a long-standing and well-known fish and chips business. Has been a staple of the local community for over five decades.
Revenue
$520,000 pa
Rent
$28,968 pa
Location Details
Located in a tightly held hills precinct in Victoria.
Hours
4 days: Thurs to Sat: 11am to 8pm, Sun: 11am to 7pm
Lease
A new 5-year lease commenced on 19 January 2024, with two further 5-year options.
Employees
2 FT owners & 5 Casuals
Reason for Sale
Health Reasons
About the Business
An excellent opportunity to acquire a long-standing and well-known fish and chips business located in a tightly held hills precinct in Victoria. This business has been a staple of the local community for over five decades and benefits from strong repeat trade, consistent takings, and a simple, proven operating model.
The business generates approximately $10,000 per week in takings and is supported by very short trading hours - operating only 4 days per week, making it ideal for owner-operators seeking lifestyle balance or buyers looking to improve performance by extending hours.
The premises include 22 seats for dine-in, adding flexibility for takeaway and eat-in trade. Rent is exceptionally affordable at $2,414 per calendar month including GST, with outgoings of only $6,500 per annum, offering strong cost control and attractive margins.
A new 5-year lease commenced on 19 January 2024, with two further 5-year options, providing long-term security for the incoming owner.
The business is currently run by two full-time owners, supported by five casual staff, allowing for smooth operations and flexibility. Having been owned by the current operators for just two years, the sale is purely due to health reasons, not business performance.
With 51 years of establishment, a loyal customer base, low overheads, and clear upside through extended trading hours or menu expansion, this is a rare opportunity to acquire a stable, community-backed food business in a premium location.
For more information or to arrange a confidential discussion, please contact:
Chris Panagiotidis or Elle Likopoulos at Absolute Business Brokers
Chris: 0433 582 533 or [email protected]
Elle: 0481 608 460 or [email protected]
Ref: B14987
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