Prominently located on one of the Northern Beaches prime high streets, this 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 lunch and dinner for a predominantly take-away operation.
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!
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
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
