Take over a fully fitted-out Fish & Chips shop in the heart of this affluent Lower North Shore suburb.
Positioned in a highly visible location with strong local demographics, this business presents an outstanding opportunity for an owner-operator or hospitality professional to unlock its full potential.
The business benefits from an excellent location and established infrastructure but is in need of operational improvements and a fresh approach.
An experienced operator will recognise the opportunity to enhance performance, increase profitability, and build on the strong foundations already in place.
Opportunities in locations of this calibre are rare, making this an ideal acquisition for someone looking to put their own stamp on a well-positioned business.
Highlights
- Type: Fish & Chips / Takeaway with dine-in
- Sales are 80% Cooked & 20% Fresh
- Location in NSW - High Income Lower North Shore Sydney suburb
- Trading Hours: 7 days - Monday to Sunday, 9:00am to 8:00pm
- Premises: 190 sqm with indoor and outdoor seating for 16 patrons
- Lease: Secure lease in place until August 2030 plus (option 5 Years) .
- Price: $ 169,000 (listing price) , negotiable
- Currently under the care of staff , owner operator can immediately increase takings with a hands on approach.
Operational details
- Turnover: $ 24,000 per week (as reported)
Financial snapshot (based on provided figures)
- Weekly turnover: $ 24,000.00
- Cost of goods: 40% per week
- Rent including outgoings is estimated at $ 4,000.00 per week all inclusive
- Staff wages: $ 5,000 per week
- Electricity: $482 per week
- Gas: $498 per week
- Approximate annual turnover: $ 998,000 ( $ 19,000.00 52 weeks )
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 - No 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).
- Huge opportunity to improve margins through procurement, menu engineering, and operational efficiencies.
Asking price and next steps
- Asking Price: $ 169,000
- For more information, financials, and to arrange an inspection, please contact broker Chris Minas on [Phone Number Censored] [Email Censored]
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