High-traffic Fish And Chips Restaurant - Vendor's Motivated

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Melbourne, Victoria 3000

$250,000

Key Features

AI generated. Contact seller to confirm.

Secure 5+5-year lease started January 2023
Rent $1,100 weekly ($4,800 monthly)
Full commercial kitchen and walk-in freezer
High-end equipment worth over $350,000
Includes one-bedroom owner-operator space
Over $600,000 annual takings

Turnover: $Over $600,000
Net Profit: Not disclosed
Rent/Lease: $1,100 weekly; $4,800 monthly; Lease 5+5 years (started Jan 2023)
Stock Value: $5,000
Established: Not disclosed

Business Details

Business Category

This well-established fish and chips restaurant is in a prime Northeast Melbourne location, just 6km from the CBD.

*10-year lease
*1,100 weekly rent
*Full commercial kitchen
*Prime spot near transport
*Includes a one-bedroom space
*Over $600,000 annual takings
*Vendor's Motivated

The business benefits from steady foot and vehicle traffic, particularly in the evenings, within a busy outlet mall and next to a central train station. The 120sqm premises feature a full commercial kitchen, a walk-in freezer and high-end equipment worth over $350,000. A one-bedroom space at the back adds convenience for an owner-operator.

Operating five days a week from Wednesday to Sunday, 11:30 am to 8:00 pm, the business derives annual takings of $600,000. The gross profit margin is 70%, with stock valued at $5,000. Rent is $4,800 monthly, the lease runs on a secure 5+5-year term, starting in January 2023, with a three-month bond required.

The business is staffed by one full-time owner, one full-time employee, and three casuals. Expanding trading hours could boost revenue.

Listing ID: ME03151
Broker: Andre Pudebat
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03151
Timestamp: XXXXXXXXXX 3003