Fish & Chips - Seafood - Takeaway - - Fish & Chips - Takeaway - Southern Gold Coast - Takings $15,000 pw - TTQE1074F
Fish & Chips - Seafood - Takeaway - - Fish & Chips - Takeaway - Southern Gold Coast - Takings $15,000 pw - TTQE1074F
Industry :
Food/HospitalitySub Industry :
Takeaway FoodFish & Chips - Seafood - Takeaway - - Gold Coast - Agent SBX Code Number: TTQE1074F
Takeaway - Fish & Chips - offering a range of fresh seafood produce such as different fish fillets and cuts, prawns, oysters, fresh sea scallops, etc. which are all ordered fresh daily. -Other menu items consist of fish tacos, calamari and chips, a range of gourmet burgers, fish and chips specials, salads and meal deals also offered. - Full commercial kitchen. - Licensed alfresco shop front seating up to 20 inside & out.The business new young enthusiastic owners.
Potential
Expand social media marketing and local advertising sourcing new customers. - This business would be excellent for a family operation or 2 partners. - Expand menu options. - Offer an online ordering system for customers. - Huge potential to increase turnover for a new motivated owner.
Features
The most well known and iconic fish & chips shop on the Gold Coast. - Established for many decades. - No competition. - Extremely large & loyal customer base. - High quality fresh produce daily. - Endless foot traffic. Same owner 12 years.
Premises
This business has an area of approx. 60m2. Three two bedroom apartments for lease .
Location
Situated in a very popular tourist destination located a block away from the beach in the Gold Coast.
Trading Hours
7 days. - Mon. - Sun. - 900 a.m. - 730 p.m.
Lease
3 year lease commenced 1st March 2022 - expires 28th February 2025 - C.P.I increases. - 3 month bond of approx. $18,000 New lease available .
Employees
2 owners. - One owner works approx 50 hours p.w. and one owner who doesnt work in the shop does all the administration and the books plus 1 Manager with 8 casuals.
Comments
Electricity calculation above includes gas expenses. - Currently one owner works in the business - 1 operating and the other doing the accounts, ordering, administration, etc. - All equipment owned except the drink fridges , ice cream fridges , cookers oil filter ,vats and waste which are owned by suppliers of the products. - Previous years Christmas holidays trade averaged $35-40K per week. - Owners will happily provide training for a smooth transition period. - First time offered on the market since purchased. - This business will not last long.- 3 x 2 bedroom units above the shop currently rented by the vendor from the landlord at $3800 per calendar month - no gst applicable.
Figures
Weekly Sales $15000
Rent (ex GST) $1578
Wages $4000
Profit $700
Agent SBX Code Number: TTQE1074F - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
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$120,000 + SAV
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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