Menai, New South Wales 2234
$289,000
Key Features
AI generated. Contact seller to confirm.
- Long secure lease until 2032
- High weekly turnover reported $20,000
- Fully fitted turnkey fit-out ready now
- Indoor seating for 40 patrons
- Currently semi-managed; vendor supports training
- Prime Southern Sydney location with no competition
- Turnover: $20,000 per week (approx $1,040,000 p.a.)
- Net Profit: $160,000 p.a. (approx, as supplied)
- Rent/Lease: Secure lease in place until 2032
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Restaurant
Excellent fitted-Out Fish & Chips shop in the heart of this very popular Southern Sydney Suburb - an outstanding opportunity for an owner-operator to acquire a Good-Turnover, Fully managed fish and Chips with plenty of passing trade and No competition at all.
Highlights
- Type: Fish & Chips / Takeaway with dine-in
- Sales are 70% Cooked & 30% Fresh
- Location in NSW - prime local retail catchment in a popular Southern Sydney suburb
- Trading Hours: 7 days - Monday to Sunday, 9:00am to 8:00pm
- Premises: 120 sqm with indoor seating for 40 patrons
- Lease: Secure lease in place until 2032
- Price: $289,000 (listing price)
- Currently semi - under management; vendor only attends to admin and payroll duties.
- Vendor will issue all training , support , menus and marketing.
- Vendor can pass as a license per year with ongoing 5% Royalty / Marketing Fee.
Operational details
- Turnover: $20,000 per week (as reported)
- Staff: Fully staffed and managed; vendor handles administrative tasks and payroll only
- Fitout: Professionally fitted and ready for immediate handover - low transition time for a new owner
Financial snapshot (based on provided figures)
- Weekly turnover: $20,000
- Cost of goods: 40% = $8,000 per week
- Gross profit: $12,000 per week
- Staff wages: $4,500
- Electricity: $482
- Gas: $298
- Approximate annual turnover: $1,040,000 ( $20,000 52 weeks )
- Approximate annual net (based on supplied items only): $ 160K P.A
Notes on financials
- Figures above are calculated from the information provided and are indicative only. They exclude other possible costs (insurance, marketing, repairs & maintenance, administration, merchant fees, licence fees, etc.). Prospective buyers should conduct their own due diligence and obtain verified financials.
Why this is a compelling purchase
- High weekly turnover in a strong local market.
- Fully fitted, turnkey operation - minimal capital required for fit out or refurb.
- Long lease term provides security and time to grow the business.
- Currently under management - immediate scope for an owner-operator to increase return by optimizing operations, reducing costs or actively increasing sales (extended trading, catering, deliveries, promotions).
- Clear opportunity to improve margins through procurement, menu engineering, and operational efficiencies.
Asking price and next steps
- Asking Price: $289,000
- For more information, financials, and to arrange an inspection, please contact broker Chris Minas on XXXXXXXXXX XXXXXXXXXX
- Serious buyers will be required to sign a confidentiality agreement and provide proof of funds prior to receiving full financial records.
Disclaimer
- All figures provided are from the vendor and are to be used as a guide only. Buyers should rely on their own enquiries and professional advice before making any offer.
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