Summary
Opportunity now exists to take over this blue-chip seafood retail business.Very well presented.Landlord open to fish and chips and adding a new revenue stream subject to landlords approval
Location Details
330 Pinjarra rd
Mandurah forum shopping centre premier shopping centre south of perth . owner is offering zero value acquisition to any suitable bona fide interested parties subject to landlords approval owner has health issues .
Potential
Outstanding opportunity for future growth. Mandurah voted best tourism destination in Australia. The business is well positioned to experience massive growth potential over the near future with the Peel south region as the fastest growing population growth in Western Australian over 130k and growing its a no brainer. MAT sales over the 4years since the owner opened the store are $ 4 m and growing. The business is very well set up easy to run with staff , fish supply chain in place Australia wide. Suit H&W team or partnership.
Skills
Customer service and consumer confidence , owner will offer training and guidance to any new owners coming into the industry Any new owners that purchase any business need to be mindful of extra fees and charges eg franchise etcdont get sucked in paying 400 to500$k for fresh air the harder you work the more money you give to others this does not apply for this business.Mandurah is no longer a sleepy pensioner town the demographics are always changing and is now a vibrant multicultural city with its great holiday lifestyle.
Hours
Shopping Centre hours sunday trade is optional
Lease
7 year lease expires june 2028, rental is below shopping centre
Market average and medium to low scale.
Employees
1 full time 2 casuals
1 owner
Reason for Sale
Owner is 70 years old and has health issues and needs to stop working owner cannot give his full attention to the operation or the business owner is offering a zero value acquisition going concern ". Owner is keen to move on l and is open for a discussion call owner direct 0431832155 this is a golden opportunity for a a astute business person to secure this business for free subject to landlords acceptance new owners must be bona fide well credentialed.
About the Business
Mandurah fish market has been trading for over 4 years and sells premium fresh seafoods carrying a wide range of fresh and frozen seafood products including oysters, sashimi, premium fresh fish and much more. Our sales since the business opened are Mat $4m and growing. The business has massive growth opportunities for extra stores ,wholesale to restaurants or expansion further South . The owner is keen to move on and is open to discussion from any bonafide genuine interested parties. Owner asks for a high level of confidentiality from all parties. The business is being offered as a asset acquisition for no money, going concern" as is basis due to health issues as the owner cannot give his full attention to the business. Call now 0431832155
the business has first class
plant and equipment set up cost over $350k Owner can offer on going assistance for a transition time. Opportunity also to sell other products add fish and chips ready to go meals . subject to landlords approval.
History
The owner has been in the industry since 1974 as Deckhand on a fishing boat since then the owner has owned and operated fresh fish markets in all premium shopping centres in WA, over a long period of time stores in karrinyup, Garden city, Vic park ,Fremantle Melville, Rockingham, and now Mandurah all past stores have had time to shine ,with most of those stores now reaching optimum growth .The Mandurah store has a unlimited growth factor due to the number of residents that live in the catchment areas you can check it
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