Up for sale is an incredibly popular fish & chips shop with tremendous ratings on Google and Facebook based on hundreds of customer reviews. It is surrounded by many key amenities that drive a high rate of traffic to the area.
*$11,000 average weekly takings
*7 years remaining on the lease
*Operating 4 hours per day, 6 days a week
*52-year operational history
*$500 weekly rent
Ross Morelli and the team at LINK Melbourne are excited to bring to the market this profitable fish & chips shop operating only four hours per day, six days a week! Despite its short hours, it derives approximately $11,000 in weekly revenue.
The business is highly popular with spectacular reviews online from hundreds of satisfied customers. As such, it benefits from increased exposure to potential customers browsing the internet for food options in its general location.
A mature and successful business, this acquisition opportunity has been operating since 1970. Notwithstanding this, it still has great potential for growth especially if it opens for longer hours as well as engages in marketing initiatives.
Included in the sale are $100,000 worth of plant and equipment, which are all owned by the business. The assets include four fryers, a grill, underbar fridges and freezers all within a 50 sqm shop.
This is an exciting opportunity that purchasers cannot miss. Contact me today to learn more about this potential acquisition.
Listing ID: 16862
Broker: Ross Morelli
Phone: +61 3 9819 4211 / +61 417 112 911
*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.
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