Highly Profitable Fish & Chips Business in Kenmore Area
Short Summary
This is one of the best fish & chip shops in the Kenmore area with a reputation for fresh cooked traditional fish, chips and burgers.
Key Selling Points
- Low Overheads
- Low Stock requirements
- Low working capital requirements
- Cashflow Positive
- Strong year to year Growth
- Long Term Lease in place
- Simplistic business
- 80% Repeat Work
- Best Location
- High foot traffic location
- High visibility location
This prime business opportunity offers a secure lease, impressive weekly revenue, and is located in a high foot traffic location of Kenmore.
The business is well established and remunerative proven with a cheap rent of $4250 pm.
Previous owner spent $250,000 to refit the shop and the present owners took over the business in September 2023. Unexpectedly, one partner who is the backbone of the team has an unforeseen family exigency so he has to go overseas, consequently this profitable business is back on the market.
Highly suitable for a family or partners.
The shop & kitchen are newly fitted & include an exceptional list of quality assets & inclusions.
Weekly income averaged $9k with peak season performance over $12K weekly. Factoring in the weekly wages for the owners, the net income of this business to the owners is close to $220k pa. before their wages.
This is a prized business that also suitable for 188a visa applicants.
Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813
Asking $50,000 wiwo
Ref. no. BUY2348
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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.
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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.