Restaurants For Sale in Menai Sydney NSW

For Sale Southern Sydney Top Spot Fish and Chips Long Lease No Competition

Advert Id: 393691, Sellers Ref: (4368)
  • Location: Sydney, New South Wales
  • Category:Restaurant
  • Asking Price:$189,000
  • 189000
  • Sales revenue :Undisclosed
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

Excellent fitted-Out Fish & Chips shop in the heart of this very popular Southern Sydney Suburb - an outstanding opportunity for an owner-operator to acquire a Good-Turnover, Fully managed fish and Chips with plenty of passing trade and No competition at all.

Highlights

- Type: Fish & Chips / Takeaway with dine-in

- Sales are 70% Cooked & 30% Fresh

- Location in NSW - prime local retail catchment in a popular Southern Sydney suburb

- Trading Hours: 7 days - Monday to Sunday, 9:00am to 8:00pm

- Premises: 120 sqm with indoor seating for 40 patrons

- Lease: Secure lease in place until 2032

- Price: $ 189,000 (listing price)

- Currently semi - under management; vendor only attends to admin and payroll duties.

- Vendor will issue all training and support.


Operational details

- Turnover: $20,000 per week (as reported)

- Staff: Fully staffed and managed; vendor handles administrative tasks and payroll only

- Fitout: Professionally fitted and ready for immediate handover - low transition time for a new owner


Financial snapshot (based on provided figures)

- Weekly turnover: $20,000

- Cost of goods: 40%

- Gross profit: $12,000 per week

- Staff wages: $4,500

- Electricity: $482

- Gas: $298

- Approximate annual turnover: $1,040,000 ( $20,000 52 weeks )

- Approximate annual net (based on supplied items only): $ 160K [Web Link Censored]


Notes on financials

- Figures above are calculated from the information provided and are indicative only. They exclude other possible costs (insurance, marketing, repairs & maintenance, administration, merchant fees, licence fees, etc.). Prospective buyers should conduct their own due diligence and obtain verified financials.


Why this is a compelling purchase

- High weekly turnover in a strong local market.

- Fully fitted, turnkey operation - minimum capital required for fit out or refurb.

- Long lease term provides security and time to grow the business.

- Currently under management - immediate scope for an owner-operator to increase return by optimizing operations, reducing costs or actively increasing sales (extended trading, catering, deliveries, promotions).

- Clear opportunity to improve margins through procurement, menu engineering, and operational efficiencies.


Asking price and next steps

- Asking Price: $ 189,000

- For more information, financials, and to arrange an inspection, please contact broker Chris Minas on [Phone Number Censored] [Email Censored]

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