Brochures

$198,000

SEMI-UNDER MANAGEMENT: Long Established, Profitable & Booming Seafood Cafe Located At Brisbane's South West Inner Neighbourhood Nearby The River

Short Summary

This thriving fish and chips seafood cafe at a prime location of Brisbane’s South West Inner Neighbourhood with proximity to the Brisbane River.

Key Selling Points

Established brand
Cashflow Positive
Long term Management and Staff in place
Strong year to year Sales
Strong year to year Profits
Low Rent
Long Term Lease in place
No Direct Competition
80% Repeat Work
Best Location
High foot traffic location
High visibility location

This popular and booming seafood café enjoys a high-profile corner block location with the main road exposure and plenty of foot & passing by traffic. There are inside and outside dining areas, relaxed and inviting décor. Street parking is readily available and the site makes the most of very busy day tripper foot traffic every weekend and holiday.

The business had been established for a long time and took over by the present owner in April 2022. Owner states weekly sales of averaged $15,000 (including cash) with sales from Fish & Chips, burgers takeaway and selling fresh seafoods enjoying netting of $230,000 pa. (after paying off owner’s wage).

There is a full time Manager who works with the owner and well-trained dedicated staff serving the freshest and delicious seafood, snacks, fish, chips and hamburgers to the locals. It is a popular lunch stop for tradies as well as loyal regular locals. Majority of sales are cooked items with high margins. Well-known for quality fish & chips, fresh salads for the health conscious, choice of burgers etc.

The business is backed by an easy-going landlord, a very reasonable rent of $1,100 weekly (inclusive O/G, water & GST) and a very long lease of up to 2031 (including 5 years of option).

This is a great and simple business suitable for the Visa 188a applicant and is a perfect business for any inspired entrepreneur to drive huge upside to increase sales even further by adding other food lines such as roast & fried chicken meals etc.

Contact Henry Chow 0421 040 857nd 0423 161 995 | Amy Wan 0498 229 813

Asking $198,000

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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!

SEMI-UNDER MANAGEMENT: Long Established, Profitable & Booming Seafood Cafe Located At Brisbane's South West Inner Neighbourhood Nearby The River

Confidentiality Agreement

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Property Features