Retail - Upper North Shore

5 days ago

Location:
Sydney 2000 > Sydney - Greater > New South Wales

Investment level:
$198,000

Type:
Business

Industry:
Retail > Food outlets

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Internal Ref: M2010

Summary

SBX Business Code: M2010 - Retail - Seafood -Fish & Chips - Under Management - Upper North Shore

Rent

$147,420 pa

Net Profit

$205,296 pa

Location Details

Prime location in major shopping centre in affluent area of Upper North Shore suburb.

Potential

A hands on active owner operator could enhance sales performance and make more profit. - Promote local market.

Hours

7 days - Shopping centre hours.

Lease

7 year lease commenced 15 Jan. 2017. - 3.5% annual rent increases. - Turnover rent 8% in exce

Employees

Fully under management- One Manager + 2 staff

About the Business

Retail - Seafood -Fish & Chips - Under Management - Upper North Shore

SBX Business Code: M2010
Retail seafood selling 80% fresh and 20% grill cooked seafood. - All goods delivered to the shop. - Full commercial kitchen with cool room and frozen room. - New equipment includes ice making machine, salad bar, 2 Webberderm scales and 2 Goldstein deep fryers, 3 burner grills, exhaust, POS unit and surveillance cameras.

Potential
A hands on active owner operator could enhance sales performance and make more profit. - Promote local market.

Features
Great location. - Great looking shop. - Great potential. - Run under management. - Well priced.

Premises
Brand new shop with modern design and an area of 79 m2.

Location
Prime location in major shopping centre in affluent area of Upper North Shore suburb.

Trading Hours
7 days - Shopping centre hours.

Lease
7 year lease commenced 15 Jan. 2017. - 3.5% annual rent increases. - Turnover rent 8% in excess of $1,400,000 a year. - 3 months bond.

Employees
Fully under management- One Manager + 2 staff

Comments
The rental includes all outgoings. - Sales reports are available to review. - This is a perfect business run under management. - A great opportunity for an owner operator and a savvy investor alike. - Inspection is highly recommended.

SBX Business Code: M2010

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