Rare multi-business opportunity – 2 x Successful Regional Fish an

Description

Summary
Combined turnover $1m+, growing yr/yr, cheap rents, clean books and offering a ROI of 78% (owner operator). These businesses face little direct competition in this vastly expanding regional town.

Revenue
$1,018,583 pa

Net Profit
$174,824 pa

Location Details
This town and the surrounding region have change in the air. Numerous big things are on the table, all of which will promote this Region as a place to live and as a stopover destination for potential employees and managerial staff and visitors.

Potential
One of these shops has been trading for many years and is an institution in the town. Located on a busy intersection that carries many oo’s of cars per day.

The other is a relatively new shop, located in a new (large scale) shopping, residential, retirement precinct

Both premises have prominent shop frontage and more than ample parking directly outside.

Hours
10.00am - 8.00pm - 7 days

Lease
Shop # 1 - Lease finishes 2nd June 2024
Shop # 1 - Lease finishes 28th November 2027 with 2 x 5-year options

Employees
A combination of long term and casual staff in place

Reason for Sale
Owners seeking change

About the Business
This exciting opportunity comprises two sperate business units, one mature, the other very new. This makes an investment by a savvy buyer, quite appealing and lessens the risk of relying on a single income stream.

Both businesses offer consumers the highest of standards and customer service. The owners have a long history of owning successful businesses and it is very evident the minute you walk into either venue. The owners have been embraced by the local community and very much accepted as ‘local’ despite only moving to the town when they bought the original business.

Both locations offer an open and appealing first impression. Recent investment in numerous High Definition TV screens welcome patrons as they enter. These also allow for flexible marketing options and inexpensive changes to the advertised menu offer.

The current owners have recently targeted a lucrative market for the preparation and offer of ‘fresh salads’ for health conscious ‘on the move’ diners. The main shop is ideally located near to Council/Government offices. The second outlet is located in a new development that is (as yet) only partially complete. There are plans for 00’s more houses/units alongside a significant retirement development.

The new owner will have the perfect mix of (i) an extremely large, well established and steady business & (ii) a newer shop that has serious potential for future growth.

Listing Details

  • Listing Number: 12225-429882
  • Location: Scenic Rim Regional, Queensland
  • Price: 220,000.00
  • Down Payment: 0.00
  • Sellers Discretionary Earnings: 0.00
  • Category: Food Business Retail

  • Inventory: 0.00
  • FF&E: 0.00
  • Employees:
  • Years Owned:
  • Reason for Selling: Owners wishing to retire

Business Listed By: