Popular Fish And Chips Shop In Northern Melbourne

Available for purchase is a popular fish and chips shop in one of Melbourne's Northern Suburbs, well-loved by locals for its simple yet filling menu. It is a straightforward business that has been thriving since 2017 and is continually growing due to its loyal customer base. With its cheap rent, full team and excellent reputation, it presents a solid acquisition opportunity for new or experienced operators.

*Taking $780,000 PA
*9 years remaining on lease
*100 sqm premises
*P&E worth $150,000
*No competition
*3 Google rating

Jeremy Gao and the team at LINK (Melbourne) are thrilled to present a popular fish and chips shop to the market.

It is a simple but profitable operation favoured by its loyal customer base due to its traditional fish and chips offerings. It is positioned in a busy shopping strip close to supermarkets and schools, benefiting from the area's heavy daily foot traffic. Notably, the business has no direct competition in its immediate proximity.

Rent for the premises is cheap at only $470 per week without GST. There are still 9 years remaining on the lease, ensuring the security of tenure in a prime location.

It occupies a 100 sqm shop equipped with $150,000 worth of plant and equipment, including a walk-in freezer and deep fryers. No additional capital injection will be required post-settlement.

The business is backed by a team of one full-time and four casual staff, as well as one owner-operator.

Do you have what it takes to take this business to the next level? Contact Jeremy today to learn more!

Listing ID: ME03046
Broker: Jeremy Gao
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03046
Timestamp: XXXXXXXXXX 0003