$200,000 (owner operators)

ICONIC COASTAL FISH & CHIPS BUSINESS | MUST-GO LOCAL DESTINATION | STRONG SDE ~$275K & LIFESTYLE HOURS

Short Summary

Iconic coastal fish & chips business. Strong SDE ~$275k, lifestyle hours, loyal locals, long lease. Ideal for family or visa buyers.

Key Selling Points

  • Short hours

  • Low Overheads

  • Cashflow Positive

  • Strong year to year Sales

  • Strong year to year Profits

  • Long Term Lease in place

  • High Profit Margins

  • No Direct Competition

  • 80% Repeat Work

  • Best Location

  • High foot traffic location

  • High visibility location

  • Short Trading Hours

  • Short working week

  • Ideal family business with opportunities to take holiday periods off!

  • No weekend work!

This is a rare opportunity to acquire a long-established, highly popular fish & chips business operating in one of the most desirable coastal lifestyle precincts in Queensland.
Positioned close to world-class beaches, parklands, and vibrant community hubs, the business benefits from strong local loyalty, steady visitor trade, and a reputation as a “must-go” destination that has stood the test of time.

The business has been established for many years and is deeply embedded in the local community. The current owners took over in August 2019 and have continued to operate it successfully, maintaining its popularity, consistency, and profitability.

PRIME LIFESTYLE SETTING (WITHOUT THE PREMIUM HOURS)
The surrounding area is known for its beautiful coastal environment, relaxed lifestyle, and strong residential catchment. Customers include loyal locals, families, and visitors enjoying the nearby beaches and outdoor amenities. The business enjoys consistent demand without reliance on late-night trading or excessive operating hours.

FINANCIAL SNAPSHOT (APPROX.)
– Average Weekly Sales: ~$14,700 (including cash)
– High Weeks: Up to ~$23,000
– Low Weeks: Around ~$12,000
– Total Weekly Wages: ~$4,100 (including owners & casual staff)

After deducting cost of goods, wages, superannuation, and all operating expenses:
– Annual Net Profit (after owners’ wages): ~$81,500
– Seller’s Discretionary Earnings (SDE): ~$275,000
This provides a strong return for owner-operators and excellent justification for visa and family buyers.

OPERATION & STAFFING
– Operated by a husband-and-wife owner-operator team
– Husband and wife roles can be replaced with standard staff if required.
– Supported by 5 -6 casual young staff (school kids age)
– Simple, proven systems with smooth day-to-day operations

LEASE & TRADING HOURS
– Lease in place until 2030, plus a 2-year option
– Rent: ~$2,300 per week including outgoings, GST & signage
– Trades only 5 days per week
– Operates 48 weeks per year, allowing genuine lifestyle balance
This structure offers clear upside for buyers wishing to extend trading days or weeks.

WHY THIS BUSINESS STANDS OUT
– Long-established and iconic local reputation (Iconic means British Style Fish $ Chips, using fresh cut potato home made chips!)
– Prime coastal lifestyle setting
– Strong SDE and transparent earnings
– Reasonable rent with long lease security
– Limited trading days = lifestyle friendly
– Ideal for family operators, husband-wife teams & visa applicants

REASON FOR SALE
The owners are selling to pursue other personal and lifestyle plans after several successful years of ownership.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $200,000 (owner operators)

Ref. no. BUY2599

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.

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    Property Features
    Henry Chow
    0421 040 857
    Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!
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