Award-winning Seafood Business With $575k Profit

Newhaven, Victoria 3925

$995,000

  • Turnover: Not disclosed
  • Net Profit: Not disclosed

Business Details

Business Category

This is an excellent chance to acquire a highly profitable fresh Seafood retail and wholesale business based on Phillip Island, with over 13 years of established trading history.

Generating approximately $2.835 million in annual takings and $575,000 net profit, the business services both retail and wholesale customers, including 12 established wholesale customers and 5 Independent Supermarkets. The award-winning business operates five days per week and offers strong revenue streams, modern facilities and significant potential for further growth.

*$2.835M annual takings across retail and wholesale
*$575K net profit with a 35% gross profit margin
*Five-day trading, closed Sundays and Mondays
*New 5+5+5 years lease available
*Fully equipped premises with two coolrooms, two walk in freezers and extensive display cabinetry
*Delivery van, forklift, ice machine and skin-packing machinery included
*12 established wholesale customers
*Large customer parking with excellent street exposure
*Potential to add cooked fish and chips through planned premises expansion
*Freehold property available for an additional $850K

Serving up serious returns - contact Gerry today.
Business Broker: Gerry Morelli
Ref: ME03522
Mobile: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03522
Timestamp: XXXXXXXXXX 0003

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Bsale ID: 687044

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