Negotiable Lower North Shore Fish And Chips Long Lease Excellent Fit Out

Mosman, New South Wales 2088

$119,000

Key Features

AI generated. Contact seller to confirm.

  • Fully fitted turnkey Fish and Chips shop
  • Long secure lease until August 2030 plus option
  • High reported weekly turnover
  • 190 sqm premises with indoor and outdoor seating
  • Open seven days, 9:00am to 8:00pm
  • Located in affluent Lower North Shore (Mosman)
  • Turnover: $24,000 per week
  • Net Profit: Not disclosed
  • Rent/Lease: $4,000 per week (including outgoings)
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Restaurant

Take over a fully fitted-out Fish & Chips shop in the heart of this affluent Lower North Shore suburb..

Positioned in a highly visible location with strong local demographics, this business presents an outstanding opportunity for an owner-operator or hospitality professional to unlock its full potential.

The business benefits from an excellent location and established infrastructure but is in need of operational improvements and a fresh approach.

An experienced operator will recognise the opportunity to enhance performance, increase profitability, and build on the strong foundations already in place.

Opportunities in locations of this calibre are rare, making this an ideal acquisition for someone looking to put their own stamp on a well-positioned business.

Highlights

- Type: Fish & Chips / Takeaway with dine-in

- Sales are 80% Cooked & 20% Fresh

- Location in NSW - High Income Lower North Shore Sydney suburb

- Trading Hours: 7 days - Monday to Sunday, 9:00am to 8:00pm

- Premises: 190 sqm with indoor and outdoor seating for 16 patrons

- Lease: Secure lease in place until August 2030 plus (option 5 Years) .

- Price: $ 169,000 (listing price) , negotiable

- Currently under the care of staff , owner operator can immediately increase takings with a hands on approach.

Operational details

- Turnover: $ 24,000 per week (as reported)

Financial snapshot (based on provided figures)

- Weekly turnover: $ 24,000.00

- Cost of goods: 40% per week

- Rent including outgoings is estimated at $ 4,000.00 per week all inclusive

- Staff wages: $ 5,000 per week

- Electricity: $482 per week

- Gas: $498 per week

- Approximate annual turnover: $ 998,000 ( $ 19,000.00 52 weeks )

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 - No 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).

- Huge opportunity to improve margins through procurement, menu engineering, and operational efficiencies.

Asking price and next steps

- Asking Price: $ 169,000

Important Notice - Buyer Identification Requirements

In accordance with Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation, we are required to undertake customer due diligence on prospective purchasers. This includes identity verification and other checks as required under Australian law at the relevant stage of the transaction.

To ensure the security and privacy of personal information, identity verification is conducted through a secure third-party verification platform. Depending on the stage of the transaction and the verification required, a verification fee may apply.

Prospective buyers may be required to provide satisfactory identification and complete the necessary verification requirements before certain confidential information can be released and/or before a transaction can proceed.

If you are unwilling to comply with these mandatory legal requirements, we respectfully ask that you do not enquire about this opportunity, as we will be unable to progress your enquiry.

- For more information, financials, and to arrange an inspection, please contact broker Chris Minas on XXXXXXXXXX XXXXXXXXXX

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