Visit this listing at https://www.sbx.com.au/business?id=SF1437

Business Code: SF1437

Key Features: Fish market -Takeaway - Seafood - Fish and Chips - North Sydney

State: NSW

Suburb: North Sydney, 2060

Location: Brilliant location in a busy shopping centre in a high traffic flow area of arcade next to a railway station.

Description

Closed in Lock down - Seafood/ Takeaway specialising in the sale of fresh and cooked seafood, fish & chips. - Shop has recently been renovated with costs over $180,000. - All equipment is in good condition. - Good POS system. - 40% fresh sales and 65% cooked. - Over the XMAS period and holiday period sales increase dramatically - No need to go to fish market as goods are delivered by suppliers. Open during Covid-19 with very good landlord and rent terms Sales and rent shown are the 2019 weekly average - Current 2022 sales are $9,500 p.w. with no rent payable to date in 2022 and the current vendor is negotiating rent at the moment

Summary

  • Features: Good location. - High traffic flow. - Established over 22 years. - Nothing to spend. - Great business
  • Potential: Could focus more on cooked seafood. - A motivated new owner could increase sales and profit -
  • Premises: Very modern and nice looking shop with full glass display counters and an area of 75 sq. mts. plus storeroom.
  • Trading Hours: 6 days - Mon. - Fri. - 7 a.m. - 7 p.m. - Sat. - 9 a.m. - 4 p.m.
  • Lease: Lease expires March 2024 - 5% annual increases. - 3 month bank guarantee
  • Employees: 1 owner + 1 full time cook + 1 casual as required
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$19,500

Cost of Goods

$9,000

Gross Profit

$10,500

Rent

$4,049

Wages

$2,000

Outgoings

$1,217

Telephone

$25

Insurance

$90

Electricity

$274

Gas

$175

Misc1

$621

Total Expenses

$8,451

Estimated Stock (Additional)

$8,000

Net Profit

$2,049

Price

$88,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Seafood - Fish and Chips - Takeaway

Business Code: SF1437
Price: $88,000
+ Estimated SAV $8,000

Key Features: Fish market -Takeaway - Seafood - Fish and Chips - North Sydney

State: NSW

Suburb: North Sydney, 2060

Location: Brilliant location in a busy shopping centre in a high traffic flow area of arcade next to a railway station.

Parking: Shopping centre parking. .

Description

Closed in Lock down - Seafood/ Takeaway specialising in the sale of fresh and cooked seafood, fish & chips. - Shop has recently been renovated with costs over $180,000. - All equipment is in good condition. - Good POS system. - 40% fresh sales and 65% cooked. - Over the XMAS period and holiday period sales increase dramatically - No need to go to fish market as goods are delivered by suppliers. Open during Covid-19 with very good landlord and rent terms Sales and rent shown are the 2019 weekly average - Current 2022 sales are $9,500 p.w. with no rent payable to date in 2022 and the current vendor is negotiating rent at the moment

Summary

  • Features: Good location. - High traffic flow. - Established over 22 years. - Nothing to spend. - Great business
  • Potential: Could focus more on cooked seafood. - A motivated new owner could increase sales and profit -
  • Premises: Very modern and nice looking shop with full glass display counters and an area of 75 sq. mts. plus storeroom.
  • Trading Hours: 6 days - Mon. - Fri. - 7 a.m. - 7 p.m. - Sat. - 9 a.m. - 4 p.m.
  • Lease: Lease expires March 2024 - 5% annual increases. - 3 month bank guarantee
  • Employees: 1 owner + 1 full time cook + 1 casual as required
  • Sale Reason: Owners have another business which they want to focus on.
  • Comments: Miscell. 1 - Other general expenses - Sales report and POS available at a meeting - Storeroom cost is included in the outgoings - Training provided. - All equipment is owned. - A great opportunity to purchase a long established solid business. - Sales shown are the 2019 weekly average however the current 2022 sales are $9,500 p.w. with no rent payable so far in 2022 and the current vendor is negotiating rent at the moment

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$19,500

Cost of Goods

$9,000

Gross Profit

$10,500

Rent (ex GST)

$4,049

Wages

$2,000

Outgoings

$1,217

Telephone

$25

Insurance

$90

Electricity

$274

Gas

$175

Misc1

$621

Total Expenses

$8,451

Estimated Stock (Additional)

$8,000

Net Profit

$2,049

Price

$88,000
+ Estimated SAV $8,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.