Lower North Shore Fish & Chips $15.5k, 5yr Lease, Low Rent

Prominently located on one of the Lower North Shore/Northern Beaches premier high streets, this Fish&Chip/Seafood takeaway is ready for a new direction!

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 products 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. Introduce 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