Price
$499,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Queensland, Brisbane Region
Category
Food/Hospitality, Takeaway Food
Listing #
BR01925
Are you ready to reel in an incredible opportunity? This iconic fish and chips business, a beloved local institution since 2008, is now offered for sale for the very first time due to owner retirement.
KEY POINTS:
– Exceptional Financials: Boasting approx. $2,000,000 revenue for FY2025 with strong average weekly sales of $45,000.
– Staggering Seasonal Peaks: Witnessed $275,000 in Christmas week sales (moving 4 tons of prawns!) and $126,000 over Easter. This demonstrates immense capacity and customer demand.
– Low Overhead, High Reward: Incredibly cheap rent at only $5,809.90 + GST per month for a 145sqm premises, securing your profits. Lease is secure until August 2030 + a 5-year option.
– Diverse Revenue Streams: Profits from both cooked (fish & chips) and fresh seafood retail, catering to a wider customer base.
– Built-In Loyalty: Supported by a strong base of repeat customers and excellent Google reviews – a testament to its quality and reputation.
– Turnkey Operation: Fully equipped with a walk-in freezer and cold room. A team of 7 casual staff is in place, plus 3 working owners ensure a smooth and well-supported handover with full training.
– Great Work/Life Balance: Operates 6 days a week (closed Mondays) with 54 days closed per year, allowing for a fantastic lifestyle.
The Perfect Opportunity For:
A hands-on owner-operator, a hospitality duo, or an investor looking for a business with a stellar reputation and explosive growth potential. Easy parking and high visibility make it accessible for all.
Don't let this once-in-a-lifetime chance swim away! The sellers are highly motivated and ready to ensure a seamless transition.
Contact Us Today to Make This Coastal Treasure Your Own!
Business Broker: David Zhang
Ref: BR01925
Mobile: +61 407 468 414
Email: [email protected]
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
