Lower North Shore Seafood Take-Away – $15.9k, low wages

low rent, high street location

Key Sale Highlights

Business Overview

Prominently located on one of the Northern Beaches premier high streets, the Fish&Chip/Seafood takeaway is ready for a new owner!

The hard work of re-establishing the seafood offering in this Lower North Shore neigbourhood has been done. This is a well-positioned business with no competition in a very affluent suburb and has prime street frontage in a commercial precinct with parking at the doorstep. Not many opportunities like these come to market regularly.
Quality seafood is what is served, and the many 5-star google ratings are a testament to that. A very simple and condensed menu that focuses on seafood and quality. Some fresh product also sold.

It has an impressive turnover of $15.9k per week. Open 7 days a week for from lunch to the early evening for a predominantly take-away operation. Fully equipped with walk-in coolroom and freezer. Recently refurbished.

The lease has 5 years remaining, including the option, and the rent is $1,200 plus GST per week. Possibility to extend the lease upon application.

Perfect for an experienced operator – husband & wife or family business. Training is available!

The opportunity here is to capitalise on the location, its history and the existing customer base. Revitalise the signage to give a real presence to the business and increase awareness to the locals. Extend the menu to introduce further product offerings. Utilise delivery apps. Training is available!

Lease Details
The 3 x 3 year lease commenced July 3, 2023
With the Option, the lease expires on July 2, 2029
A three month bank guarantee is required
Demolition clause with 6 month notice from July 2, 2026
Guarantors are required for the lease.

Premises Details
Approximately 72m2 of internal space –Toilet, full commercial kitchen, coolroom and walk-in freezet. Major street frontage. Indoor seating for 10. Outdoor/Footpath seating area for 2 (STCA). Well equipped and presented with renovations completed 7 months ago. Customer car parking at doorstep.

Staff Details
The business is run by the following:

1 x Full Time Chef
5 x Casual Chefs
6 x Casual FOH (including owners @ 33hours/week total)

The total operational hours are currently 59 per week

Opening Hours
7 days
Mon – Thu 12 noon to 8:00 pm
Fri – Sun 11:30 am to 8:30 pm

Opportunity
The opportunity here is to capitalise on the location, its history and the existing customer base. Revitalise the signage to give a real presence to the business and increase awareness to the locals. Extend the menu to introduce further product offerings. Utilise delivery apps. Training is available!

** Weekly**
Sales $15,972
Rent $1,200
Wages $3,741
Net Profit $2,056

Financials

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Location Details

This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

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