This seafood business, located in a bustling area not far from a busy shopping center, offers top-quality frozen seafood to local customers and Sushi shops. The business owner personally selects premium products from a fish market.
Key Success Factors:
Prime Location: No direct competitors, with the closest being a fish and chips shop in a neighbouring suburb.
High-Profit Margin: Specializing in frozen seafood, creating better profit margin than live seafood.
Efficient Operation: Business runs smoothly with minimum staff, keeping labour cost relatively low.
Affordable Rent: Keeping total expenses low boosts profitability.
Wholesale Partnerships: Supplies seafood to Sushi shops for additional revenue.
Growth Potential: Increasing customer traffic through targeted advertising and expanding the kitchen's menu to include live seafood and Sashimi could further boost the business.
Operating hours:
7 days per week
9:00 am 7:00 pm
Key points:
Size of premises: 137 sqm
Lease: current to 30 September 2028 with option: 1 x 5 years
Rent payment on September 2024 was $6,200 including GST.
Annual rent increase: CPI
Staffing: owner works full-time with 10 casual staffs including 2 juniors.
Total sales for the financial year of 2024: $2,270,000
Net profit before income tax for the financial year of 2024: $285,000
Asking Price: $495,000 + SAV ($170,000 estimate)
For further information about this business, please complete the Purchaser Registration and Confidentiality Agreement by clicking Forms/Business on www.forceonerealty.com: or
Please call Sunny on 0433 690 326
(The image used is for display purposes only and does not reflect the business advertised for sale.)
