Visit this listing at https://www.sbx.com.au/business?id=SF1579

Business Code: SF1579

Key Features: Fish & Chips - Fish Market - Takeaway - Sales $40,100 p.w - Seafood - 160m2

State: NSW

Suburb: Neutral Bay, 2089

Location: Excellent location in a busy retail village and business hub, next to one of Sydneys leading supermarket chains and surrounded by cafes, commercial and residential in the Lower North Shore of Sydney

Description

Fresh and cooked seafood market plus a casual Restaurant/Cafe spread over two levels - Selling fish and chips, cooked and fresh seafood, specialty frozen products, marinades, sauces, seasonings and herb - Also sells coffee - Sit down dining and takeaway with outdoor tables and an ample alfresco area plus an upstairs dining area. The business has some of the highest quality fresh seafood in Sydney whether it be to eat in or takeaway - Full kitchen -Fully Licensed - 50 seats upstairs, 3 at the bar and 15 in the outside alfresco area - Easy council parking. Recently $40,000 spent in summer 2020 on a new cool room, New POS and plumbing works.

Summary

  • Features: Great location. - Excellent fit out - Very good fresh seafood display counter - Well presented shop - Profitable.
  • Potential: To add to the existing menu - Open more hours and on Sunday - Increase delivery with Uber eats - Increase coffee sales and promote more cafe items
  • Premises: Large premises with a Full kitchen, fresh seafood display and takeaway section, upstairs dining and alfresco seating with an area of 160 m2
  • Trading Hours: 6 days - Mon. to Sat. - 8 a.m. to 9 p.m.
  • Lease: Current lease expires in November 2021 (New lease available) - CPI Increases - 3 month bond
  • Employees: Profit shown is based on 2 owners working in the business with 6-8 casuals as required.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$40,100

Cost of Goods

$25,400

Gross Profit

$14,700

Rent

$2,947

Wages

$6,000

Outgoings

$110

Telephone

$25

Insurance

$100

Electricity

$350

Gas

$200

Misc1

$903

Total Expenses

$10,635

Estimated Stock (Additional)

$7,000

Net Profit

$4,065

Price

$98,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Takeaway - Cafe - Seafood - Fish Market - Fish and Chips - Restaurant

Business Code: SF1579
Price: $98,000
+ Estimated SAV $7,000

Key Features: Fish & Chips - Fish Market - Takeaway - Sales $40,100 p.w - Seafood - 160m2

State: NSW

Suburb: Neutral Bay, 2089

Location: Excellent location in a busy retail village and business hub, next to one of Sydneys leading supermarket chains and surrounded by cafes, commercial and residential in the Lower North Shore of Sydney

Description

Fresh and cooked seafood market plus a casual Restaurant/Cafe spread over two levels - Selling fish and chips, cooked and fresh seafood, specialty frozen products, marinades, sauces, seasonings and herb - Also sells coffee - Sit down dining and takeaway with outdoor tables and an ample alfresco area plus an upstairs dining area. The business has some of the highest quality fresh seafood in Sydney whether it be to eat in or takeaway - Full kitchen -Fully Licensed - 50 seats upstairs, 3 at the bar and 15 in the outside alfresco area - Easy council parking. Recently $40,000 spent in summer 2020 on a new cool room, New POS and plumbing works.

Summary

  • Features: Great location. - Excellent fit out - Very good fresh seafood display counter - Well presented shop - Profitable.
  • Potential: To add to the existing menu - Open more hours and on Sunday - Increase delivery with Uber eats - Increase coffee sales and promote more cafe items
  • Premises: Large premises with a Full kitchen, fresh seafood display and takeaway section, upstairs dining and alfresco seating with an area of 160 m2
  • Trading Hours: 6 days - Mon. to Sat. - 8 a.m. to 9 p.m.
  • Lease: Current lease expires in November 2021 (New lease available) - CPI Increases - 3 month bond
  • Employees: Profit shown is based on 2 owners working in the business with 6-8 casuals as required.
  • Sale Reason: Other business interests.
  • Comments: Misc.- 1 - Other general expenses - The restaurant offers an inexpensive casual dining experience with a continually changing menu based on market availability and season
    Sales have been increasing since 2020. Recently $40,000 spent in summer 2020 on a new cool room, New POS and plumbing works.- Lovely alfresco seating area and a nearby council carpark - A must to inspect but please be very discreet !! Motivated vendor and priced to sell!!

Disclaimer: 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

$40,100

Cost of Goods

$25,400

Gross Profit

$14,700

Rent (ex GST)

$2,947

Wages

$6,000

Outgoings

$110

Telephone

$25

Insurance

$100

Electricity

$350

Gas

$200

Misc1

$903

Total Expenses

$10,635

Estimated Stock (Additional)

$7,000

Net Profit

$4,065

Price

$98,000
+ Estimated SAV $7,000

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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.