Seafood Mostly Cooked T/O $1.4m Huge Nett Profit on Central Coast

SOLD for $495,000

Cooked Seafood plus selected fresh seafood sales only.

No markets – product delivered mostly pre filleted.

Closed 1 month every year, no public holidays, non seasonal location with year round trade.

Trades 6 days only.

Brilliant exposure to busy main road located in good group of village style shops with plenty of parking.

80m2 shop plus alfresco dining.

Turnover approx. $1.4m per annum with adjusted nett to owners $300k plus. (Tax Figures)

Reasonable rent with long lease.

No expense spared with great functional fitout and new special order cold display just installed.

Automated POS in place with top systems, 2 coolrooms, chest freezers and American deep fryers specialising in high margin cooked seafood and wide range of drinks.

Vendor selling after 10 years of trade and willing to train new owner.

First time offered for sale $495,000 plus SAV

Price: $495,000 plus SAV SAV: Approx $5,000

Region: Village Shops on Central Coast

Turnover: Approx $1.4m per annum

Adjusted Net: Approx $300k plus (Tax Figures)

Plant Value: Approx $200k

Years Established: 10 years owner operated

Permanent Staff: Husband & wife Casual Staff: 8 casuals

Hours Weekday: Tuesday to Friday 8am to 7pm Hours Weekend: Saturday & Sunday 8am to 7pm

Lettable Area: 80m2 plus Alfresco Dining

Lease Terms: 2 years plus 5 year option

Rent per Calendar Month: $4,767 + GST + Outgoings

Outgoings: $470 p.c.m.

Parking Comments: Plenty of customer parking


Price SOLD for $495,000
Business Type Business
Business ID 23
Category Food/Hospitality, Food/Hospitality


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Agent Details

John Ramsay

Australian Business Brokers - Central Coast