Visit this listing at https://www.sbx.com.au/business?id=SFG1042

Business Code: SFG1042

Key Features: Takeaway - Fish & Chips - Seafood - North West Sydney Sales $30,000 p.w.

State: NSW

Location: Prime central location in busy historic town square with high foot traffic and near the river in North Western Sydney.

Description

Fish & Chips - Takeaway - Restaurant. - Seafood served in a traditional open cooking area offering battered, crumbed or grilled fish, with chips, scallops, calamari and prawn cutlets as standard offerings. - Seafood platters are a speciality and takeaway and eat in are catered for equally. - Fresh prawns and oysters are also available year round. - Close to bottle shop to facilitate BYO - 30 seats inside - 48 seats outside- Public park directly opposite is regularly utilised by patrons for takeaway offering.

Summary

  • Features: Location, Location, Location - Unique presentation. - Indoor and outdoor seating. - Long established local landmark - No direct competition. Good gross profit margin.
  • Potential: Develop website. - Promote via social media. - Utilise instagram. - Market to new residential developments.
  • Premises: Magnificent free standing two storey heritage listed 1902 building with alfresco and internal dining and open cooking area totalling 120 sq. mts.
  • Trading Hours: 7 days. - Mon. - Sun. - 11 a.m. - 8.30 p.m
  • Lease: Current lease term expires 31/10/25 + 5 year option - 4% increases p.a. - 3 month bank guarantee.
  • Employees: 1 owner part-time + 13 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$30,000

Cost of Goods

$10,000

Gross Profit

$20,000

Rent

$3,325

Wages

$4,130

Telephone

$30

Insurance

$335

Electricity

$325

Gas

$325

Misc1

$1,275

Misc2

$500

Total Expenses

$10,245

Estimated Stock (Additional)

$5,000

Net Profit

$9,755

Price

$495,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Fish & Chips - Seafood - Takeaway - Restaurant

Business Code: SFG1042
Price: $495,000
+ Estimated SAV $5,000

Key Features: Takeaway - Fish & Chips - Seafood - North West Sydney Sales $30,000 p.w.

State: NSW

Location: Prime central location in busy historic town square with high foot traffic and near the river in North Western Sydney.

Description

Fish & Chips - Takeaway - Restaurant. - Seafood served in a traditional open cooking area offering battered, crumbed or grilled fish, with chips, scallops, calamari and prawn cutlets as standard offerings. - Seafood platters are a speciality and takeaway and eat in are catered for equally. - Fresh prawns and oysters are also available year round. - Close to bottle shop to facilitate BYO - 30 seats inside - 48 seats outside- Public park directly opposite is regularly utilised by patrons for takeaway offering.

Summary

  • Features: Location, Location, Location - Unique presentation. - Indoor and outdoor seating. - Long established local landmark - No direct competition. Good gross profit margin.
  • Potential: Develop website. - Promote via social media. - Utilise instagram. - Market to new residential developments.
  • Premises: Magnificent free standing two storey heritage listed 1902 building with alfresco and internal dining and open cooking area totalling 120 sq. mts.
  • Trading Hours: 7 days. - Mon. - Sun. - 11 a.m. - 8.30 p.m
  • Lease: Current lease term expires 31/10/25 + 5 year option - 4% increases p.a. - 3 month bank guarantee.
  • Employees: 1 owner part-time + 13 casuals
  • Sale Reason: Retirement
  • Comments: Misc.- 1 - All sundry expenditure as per financial statements. - Misc.- 2- GST. - Very rare opportunity to purchase a destination seafood outlet with amazing eye-catching presentation. - Highly profitable and successful operation for a continuous 29 year period. - First time offered. -
    Financials are available evidencing very solid profit - Suitable for single owner, family, partnership or investment under management. - This unique destination landmark takeaway has markedly increased turnover during pandemic as it has appeal for day tri[p demographic. The owner is reporting a net return of 26% to 32% per week. Undoubtedly on of the best takeaway outlets in Greater Sydney.

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

$30,000

Cost of Goods

$10,000

Gross Profit

$20,000

Rent (ex GST)

$3,325

Wages

$4,130

Telephone

$30

Insurance

$335

Electricity

$325

Gas

$325

Misc1

$1,275

Misc2

$500

Total Expenses

$10,245

Estimated Stock (Additional)

$5,000

Net Profit

$9,755

Price

$495,000
+ Estimated SAV $5,000

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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.