Internal Ref: W1899
Summary
SBX Code: W1899 - Well known with no competition - New long 8 year lease- Netting over $78,000 p.w. High profit business.- Liquor license.
Rent
$6,294 pw
Net Profit
$78,206 pw
Location Details
Prime location near entrance of major supermarket in large shopping mall in InnerWest.
Potential
Could suit family business or suit investor. Experienced fish vendors could save on wages. Increase social media presence.
Hours
7 days - 900 a.m. - 530 p.m.
Lease
Brand new lease until December 2031 -4 months bond, - Rent increases 3 % per year.
Employees
2 owners + 5 full timers + 8-10 part timers
About the Business
Takeaway - Seafood - Dine-In - Inner West
SBX Code: W1899
Takeaway selling fresh seafood including a variety of wet fish, oysters, sashimi, lobster, and fish and chips plus premium offerings - No competition apart from supermarkets - wet fish sales $100-$120k p.w., oysters $20k p.w., fish and chips $40-$50 p.w. totalling $180,000 sales p.w.. Two shops for one price -main fish shop, takeaway seafood, fish and chips + kiosk dine in seafood - Main cool room and fridge room in the basement, another cool room and fridge room in the shop. - Rare to see such a successful and extremely profitable fish shop - liquor license - 36 seats front of shop area.
Features
Prime location. Beautiful fish display counters. Clean and bright. No competition - High profit business.
Premises
This business has an area of 140 sq.mts. main shop + 20 sq.mts. fish and chips + 68 sq.mts. storage.
Comments
Rent includes outgoings (approx. $30k per year) - Summer sales $180,000 p.w. - Winter sales $150,000 p.w. - $160,000 p.w. average. Year 2023 sales were $9,360,000. - money back within a year. Newly renovated fit out cost was $1,000,000. with new 8 years lease. Two page confidentiality to be signed for full details.
SBX Code: W1899
SBX Business Brokers
Connect with us