$699,000

Over $1.2 Million Annual Sales, Super Profitable Fish & Chips located in Sunshine Coast's hidden gem beachfront

Short Summary

Well-established & highly profitable fish & chips business located in a popular beachfront well-liked by the beachgoers from local & South East QLD.

Key Selling Points

  • Low Stock requirements
  • Cashflow Positive
  • Long term Management and Staff in place
  • Strong year to year Sales
  • Strong year to year Growth
  • Strong year to year Profits
  • Low Rent
  • Long Term Lease in place
  • High Profit Margins
  • No Competition
  • 80% Repeat Work
  • Best Location
  • High foot traffic location
  • High visibility location
  • Ideal family business with opportunities to take holiday periods off!
  • Ideal for 491 Visa

An exceptionally lucrative & established fish & chips enjoys a high-profile prime beachfront location in one of the most popular beaches in Sunshine Coast.

Present owner refurbished the shop and incepted this business in 2021, since then the business has amazingly performed YoY growth both in sales and profit with 2022/2023 of 1.2+ Million Turnover (40%+ increase from last year).

This crowd-pleasing seafood eatery has a solid and loyal customer base and not only is a local favourite, but also is the beloved fish & chips destination for the holidaymakers and beachgoers from everywhere. The business is specialising in fresh and cooked seafood products and offering a wide range of fresh fish & chips, seafood, and different assortments of seafood packages.

Apart from the owner, there is a full time Manager and they are supported by a a full team of experienced staff members who are well-trained and motivated to please the customers. The business has demonstrated its resilience by successfully navigating through the challenges posed by Covid-19 showcasing its ability to withstand adversity.

Weekly taking is averaged around $25,000 with crazily cheap rent of $1100/week inclusive along with a favourable lease terms – up to 2032. One of the key advantages of this business is its low overheads, ensuring a higher percentage of profits.

This business is perfectly suitable for 188A & 491 Visa Buyers. The owner will offer post settlement training to ensure a very smooth transition, the full time Manager and the team are happy and motivated to support the new owner to move this business to its new height.

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

Asking $699,000

Ref. no. BUY2368

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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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