Highly Regarded Seaside Fish And Chips Shop!

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Sydney 2000 Sydney, New South Wales, Australia

3 171
$398,000 Sold
nsw09345
2 months ago

Highly Regarded Seaside Fish And Chips Shop!

Key features of this opportunity: 

- Takings of approx $23K PW

- Great profits

- 5 years history

- 3+5 years left on lease

- $2,750 inc GST rent PW

- 7 days

- 20 seats

An iconic Fish & Chips shop by the sea. With impressive financials and a prime commercial position, this seaside Fish & Chips shop trades daily and bring in excellent returns to its ownership.

The business was established five years ago by its current owner, who is now looking to sell as he is relocating overseas. This offers investors an exceptional opportunity to purchase a profitable business, with proven financial statements to back this claim!

Situated in a prime position and occupying an area of approximately 120sqm with 20 seats, the business is surrounded by plenty of commercial and residential properties, assuring a constant flow of customers. Indeed, while sales are currently averaging around $23K per week – during summertime they can reach up to $50K per week.

The business operates daily, from 11am to 9pm Mon to Thu and from 11am to 10pm from Fri to Sun. It is currently semi-run under management and has 4-6 staff members.

This is not simply a must-see business – it’s a must-have!

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Disclaimer:

Images used may be stock images and not representative of the listing. Any reference to earnings, EBIT or EBITDA, may include add backs relevant to the current owners. Investing in a business, private company, or fund carries a high level of risk. This information is not intended to provide tax, legal, or investment advice, nor is it a solicitation or offer to purchase or sell any securities or other financial instruments. We provide free tools and resources to assist users in performing due diligence and strongly encourage them to conduct their own independent due diligence prior to investing in a business, securities, or financial instruments. A purchaser must be willing to accept the loss of their investment and is encouraged to obtain additional information, opinions, financial projections, and legal or other investment advice prior to investing or purchasing.

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