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Beach-side Fish And Chips On Gold Coast For Sale

Gold Coast, Queensland, Australia
Asking Price:
$110,000 (AUD) Inventory / Stock included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$100K - $250K (AUD)

*Corona virus update 20/4/20: We are currently trading take away as usual, but no seating allowed. The last few weeks have actually been better than last year, Easter also traded normally. Jobs will be harder to find when this is all over, perhaps time to think about buying a safe and sure business?

Dreamed of escaping the rat race and living life on the Gold Coast? Problem is jobs are limited. Here’s the solution, buy a Fish & Chip shop and employ yourself. This shop is located on the Central Gold Coast and has been established over 10 years so has a well proven track record. All the equipment is quite new and well maintained.

It currently operates from 11am – 7pm. Suppliers are all in place and full training is available if required. The day you take over you will know exactly what you are doing. Current casual staff can stay on if requested.

Shop has walk in cold room, 5 fryers, grill, 2 chest freezers, modern POS system, TV menus and everything else required. Everything is owned outright, so no rentals to keep paying. Lease has a total of 7 years with 3 years to run plus a 4 year option. No problems extending further.

Selling at only $110,000. Accounting books are available to confirm average weekly sales of $9,000+. Profit before wages or drawings currently $3,200/week. Books confirm the business has been growing. Security Bond only 2 months. This business ticks every box and is amazing value.

Property Information

Real Estate:

Lease

Location:

Beach side central Gold Coast

Premises Details:

Corner location

Business Operation

Expansion Potential:

The business has been building and should continue to do so

Competition / Market:

No immediate competition

Reasons for selling:

Retirement

Trading hours:

11am - 7pm 7 days

Employees:
2 owners plus one casual
Years established:
10

Other Information

Support & training:

Full training available if required.

Furniture / Fixtures value:
$50,000 (AUD)
Inventory / Stock value:
$3,000 (AUD) - included in the asking price

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