About the Business

OVERVIEW:

This is a rare opportunity for an owner operator or investor to acquire a long-established, highly profitable retail and wholesale seafood business in Townsville, known for its high quality product; which has lead to its loyal customer base of local residents and businesses.

Operating from a high-exposure site on a major road, the business is under management with minimal owner involvement and supported by a committed team, with key staff willing to stay on for a new owner. After 40 years of operation it dominates the local market and continues to grow year-on-year.

With the freehold also available, this is a rare opportunity to acquire both a thriving business and a quality commercial property that can be used to build wealth in our outside of a SMSF.



SNAPSHOT:
• ROI: 38.7%
• Revenue: $6,592,559
• Earning Type: EBITDA
• Business + Freehold Purchase Opportunity
• Business Asking Price: $1.35M
• Freehold Value: $950,000
• Workforce: Full time manager + Supervisor + team of full time, part time and casuals



KEY DETAILS:
• Very stable, operating for 40 years.
• Net profit and gross profit margins increasing year on year.
• Under management with limited owner involvement.
• Freehold also on offer provides the chance for a buyer to build wealth.
• Stable workforce with low turnover plus key staff willing to stay on post-sale.
• Prime, high traffic location.
• Easy transition for a new owner with current ownership willing to provide full training and support.



SUMMARY:
Businesses like this, that are stable, highly profitable, growing and have minimal owner involvement - combined with the opportunity to purchase the freehold, do not come onto the market very often.

If you are interested in this opportunity it is recommended to act today to enquire, as once sold there's a high chance it won't be available again for a long time.



This Business May Suit
• An owner operator or investor looking for a multi six-figure income with minimal involvement.
• An investor who wants to build wealth by paying off their own commercial property.



FOR SALE:
Business Asking Price: $1,350,000
Freehold Value: $950,000


Contact the exclusive broker:
Kurt Simpson
Benchmark Business Sales & Valuations
M: 0400 224 161

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6050 to search for the business and complete a confidentiality agreement.

Please ensure you have the necessary capital before expressing an interest in this business.