PROFITABLE, SEMI UNDER MANAGEMENT & POPULAR FISH & CHIPS SHOP LOCATED IN A GREAT FAMILY FRIENDLY SUBURB IN NORTHERN GC

Posted by: Henry Chow | June 23, 2025

$140,000 (WIWO)

Description

Profitable, Semi Under Management & Popular Fish & Chips Shop Located In A Great Family Friendly Suburb In Northern GC

- Gold Coast QLD

Short Summary

A fantastic opportunity to own a well-located fish & chips shop on Gold Coast’s Northside with averaged $8K weekly taking, low rent & great potential.

Key Selling Points

Low Overheads

Cashflow Positive

Long term Management and Staff in place

Low Rent

Long Term Lease in place

80% Repeat Work

Best Location

High foot traffic location

High visibility location

TAKE NOTE. This is a WIWO business.

WIWO, short for “Walk In Walk Out,” is a common term in the Australian business selling. It refers to a type of business sale where the buyer takes over the business operations immediately upon purchase, without the need for extensive transition or stocktaking. The seller essentially leaves everything as it is, allowing the new owner to “walk in” and “walk out” with the business.

The only condition attached for this WIWO business is being sold is obtaining landlord approval for an assignment of the lease.

The owner has a personal matter hence has an urgency to offload. This potentially means purchaser can buy a quality business with undervalued assets from a seller desperate for an exit. As a buyer, it is up to you to perform your due diligence to ensure you know what you are getting into.

This prime business opportunity offers a secured long lease (up to 2030) + 3 years option, impressive weekly revenue, and is located in a high foot visibility location in the friendly family suburb of North Gold Coast. The shop is situated in a great location with easy access and plenty of customer parking and strong neighbouring businesses and high traffic flow. The business is long established and remunerative-proven with a cheap rent of $1,400 per week (inclusive of outgoing & GST etc.).

The business has been established for over 7 years and the present owner took over in April 2025. The owner has reluctantly decided to offload due to her unforeseen family reason.

This is a fantastic opportunity to acquire a successful fish & Chips business with a solid reputation and a loyal customer base situated in a prime location in a LOCATION-PROVEN neighbourhood. This business enjoys high foot traffic and visibility ensuring a steady stream of customers throughout the day.

Managing the business mainly by the staff, the owner acts as the cashier, this fish & Chips business boasts a weekly sale of averaged $8,000 making it a profitable venture for any prospective buyer. Low week income is around $7,500 and in a busy week the sales can reach up to $14K. Factoring in the weekly wages, the rent and costs of good, the net income of this business to the owner is close to $120,000 pa.

One of the key strengths of this business is its loyal and regular client base. Over the years, this eatery has built a strong following of customers who keep coming back for the delicious and fresh food, friendly service, and welcoming atmosphere. The shop has become a favourite spot for locals, making it a well-loved gem in the community.

This business is highly suitable for a family or partners.

The shop & kitchen are properly fitted & include an exceptional list of quality assets & inclusions.

This is a prized business that is perfectly suitable for 188a visa applicants.

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

Asking $140,000 (WIWO)

Ref. no. BUY2511

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

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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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PROFITABLE, SEMI UNDER MANAGEMENT & POPULAR FISH & CHIPS SHOP LOCATED IN A GREAT FAMILY FRIENDLY SUBURB IN NORTHERN GC

Description

Profitable, Semi Under Management & Popular Fish & Chips Shop Located In A Great Family Friendly Suburb In Northern GC

- Gold Coast QLD

Confidentiality Agreement

Thank you!

Property Features

Real Estate Agent

Henry Chow

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