Lower North Shore Take-away & Fish & Chips, $15.5k, New Lease

Business For Sale Balgowlah, New South Wales 2093

Business Category Cafe and Coffee Shop Restaurant Takeaway Food

$129,000 + SAV

Description

Lower North Shore Take-away & Fish & Chips, $15.5k, New Lease

Prominently located on one of the Northern Beaches premier high streets, the Fish&Chip/Seafood takeaway is ready for a new direction!
The hard work of re-establishing the seafood offering in this Lower North Shore neigbourhood has been done. This is a well-positioned business with no competition in a very affluent suburb and has prime high street frontage in a commercial precinct with parking at the doorstep. Not many opportunities like these come to market regularly.
Quality seafood is what is served, and the many 5-star google ratings are a testament to that. A very simple and condensed menu that focuses on seafood and quality. Some fresh product also sold.
It has an impressive turnover of $15.5k per week. Open 7 days a week for from lunch to the early evening for a predominantly take-away operation. Fully equipped with walk-in coolroom and freezer. Recently refurbished.
A new 5x5 year lease will be provided to an approved Purchaser and the rent is $1,200 plus GST per week.
Perfect for an experienced operator husband & wife or family business. Training is available!
The opportunity here is to capitalise on the location, its history and the existing customer base. Revitalise the signage to give a real presence to the business and increase awareness to the locals. Extend the menu to introduce further product offerings. Utilise delivery apps. Training is available!
Lease Details
A new 5x5 year lease to be provided to approved Purchaser.
A three month bank guarantee is required
Demolition clause with 6 month notice commencement of second 5 year option.
Guarantors are required for the lease.
Premises Details
Approximately 72m2 of internal space Toilet, full commercial kitchen, coolroom and walk-in freezet. Major street frontage. Indoor seating for 10. Outdoor/Footpath seating area for 2 (STCA). Well equipped and presented with renovations completed 7 months ago. Customer car parking at doorstep.
Staff Details
The business is run by the following:
1 x Full Time Chef5 x Casual Chefs
6 x Casual FOH (including owners @ 33hours/week total)
The total operational hours are currently 59 per week
Opening Hours
7 days
Mon Thu 12 noon to 8:00 pm
Fri Sun 11:30 am to 8:30 pm
Opportunity
The opportunity here is to capitalise on the location, its history and the existing customer base. Revitalise the signage to give a real presence to the business and increase awareness to the locals. Extend the menu to introduce further product offerings. Utilise delivery apps. Training is available!
** Weekly**
Sales $15,527
Rent $1,200
Wages $3,741
Net Profit $1,842
Contact Seller
Tas Dasios

Bsale ID: 648861
Broker REF: 103831

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