PREMIUM SEAFOOD MARKET .

29 days ago

Private Seller

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Summary

Opportunity now exists to purchase this blue-chip seafood retail business. Very well presented high quality fitout.Owner has health issues and needs to stop working. Top quality plant and equipment

Location Details

330 Pinjarra rd
Mandurah forum shopping centre premier shopping centre south of perth

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 3 years since the owner opened the store are $3m 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 etc 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 August 2028, rental is below shopping centre
Market average and medium to low scale.

Employees

3 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 sell "as is basis going concern asset purchase ". Owner is keen to sell 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 at a basement consideration.

About the Business

Mandurah fish market has been trading for over 3 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 $3m and growing. The business has massive growth opportunities for extra stores ,wholesale to restaurants or expansion further South . The owner is keen to sell 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 sold as" a asset purchase going concern" as is basis due to health issues as the owner cannot give his full attention to the business. Call now 0431832155
All information will be provided in person by Appointment only. Owner asking $149k including some stock at take over,
the business has first class
plant and equipment set up cost over $350k Owner can offer on going assistance for a transition time.

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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