Well-Established Seafood Retailer in Premium Inner-City Location

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Chris Panagiotidis
 

Internal Ref: B15003

Summary

An excellent opportunity to acquire a long-standing seafood retail business located in a tightly held, high-income inner-city precinct. Operating for close to 30 years.

Revenue

$884,000 pa

Rent

$85,200 pa

Location Details

Premium inner-city location with strong local demand.

Potential

The business presents clear upside potential for an owner-operator looking to extend trading hours or further optimise operations.

Hours

5 Days: Monday, Tuesday, Wednesday, Friday and Saturday 8:30am- 3:00pm. Closed Thursday & Sunday.

Lease

Secure lease with 5x5x5 options commenced March 2022.

Employees

2 FT Owners

Reason for Sale

Moving Interstate

About the Business

An excellent opportunity to acquire a long-standing seafood retail business located in a tightly held, high-income inner-city precinct.

Operating for close to 30 years, this business enjoys strong local recognition, loyal repeat customers, and consistent walk-in trade. The store is well known within the community and has traded successfully through multiple ownership periods.

The premises are fully fitted as a specialist seafood retailer and include a walk-in cool room along with quality equipment valued at approximately $60,000, allowing a new owner to step straight in with no immediate capital outlay required.

Currently trading five days per week, the business presents clear upside potential for an owner-operator looking to extend trading hours or further optimise operations. The business is operated by working owners and would suit a hands-on buyer or family operator seeking a proven food retail business in a premium location.

Key Highlights:
Long-established seafood retail business (est. 1996)
Approx. $17,500 per week in takings
Premium inner-city location with strong local demand
Walk-in cool room and quality fit-out
Equipment value approx. $60,000
Estimated stock value approx. $15,000
Secure lease with 5x5x5 options commenced March 2022
Currently trading 5 days per week – further upside available

Ideal owner-operator opportunity

For more information or to arrange a private inspection, contact:
Chris Panagiotidis or Elle Likopoulos
Chris: 0433 582 533. [email protected]
Elle: 0481 608 460. [email protected]

Ref: B15003

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