Location:
Sunshine Coast Mc 4560 > Sunshine Coast > Queensland
Investment level:
$699,000
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
Well-established & highly profitable fish & chips business located in a popular beachfront well-liked by the beachgoers from local & South East QLD.
$600,000 pa
An exceptionally lucrative & established fish & chips enjoys a high-profile prime beachfront location in one of the most popular beaches in Sunshine Coast.
Present owner refurbished the shop and incepted this business in 2021, since then the business has amazingly performed YoY growth both in sales and profit with 2022/2023 of 1.2+ Million Turnover (40%+ increase from last year).
This crowd-pleasing seafood eatery has a solid and loyal customer base and not only is a local favourite, but also is the beloved fish & chips destination for the holidaymakers and beachgoers from everywhere. The business is specialising in fresh and cooked seafood products and offering a wide range of fresh fish & chips, seafood, and different assortments of seafood packages.
Apart from the owner, there is a full time Manager and they are supported by a a full team of experienced staff members who are well-trained and motivated to please the customers. The business has demonstrated its resilience by successfully navigating through the challenges posed by Covid-19 showcasing its ability to withstand adversity.
Weekly taking is averaged around $25,000 with crazily cheap rent of $1100/week inclusive along with a favourable lease terms – up to 2032. One of the key advantages of this business is its low overheads, ensuring a higher percentage of profits.
This business is perfectly suitable for 188A & 491 Visa Buyers. The owner will offer post settlement training to ensure a very smooth transition, the full time Manager and the team are happy and motivated to support the new owner to move this business to its new height.
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