Northern Beaches Seafood Take-away $15.9k, Low Wages

Prominently located on one of the Northern Beaches prime high streets, this Fish & Chip Seafood takeaway is ready for a new owner!

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 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 $15.9k per week. Open 7 days a week for lunch and dinner for a predominantly take-away operation.

The lease has 5 years remaining, including the option, and the rent is $1,200 plus GST per week. Possibility to extend the lease upon application.

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!



**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details

The 3 x 3 year lease commenced July 3, 2023

With the Option, the lease expires on July 2, 2029

A three month bank guarantee is required

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 Chef

5 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 $15,972

Rent $1,200

Wages $3,741

Net Profit $2,056