- Categories: Food/Hospitality
This is an excellent chance to acquire a highly profitable fresh Seafood retail and wholesale business based on Phillip Island, with over 13 years of established trading history.
Generating approximately $2.835 million in annual takings and $575,000 net profit, the business services both retail and wholesale customers, including 12 established wholesale customers and 5 Independent Supermarkets. The award-winning business operates five days per week and offers strong revenue streams, modern facilities and significant potential for further growth.
- $2.835M annual takings across retail and wholesale
- $575K net profit with a 35% gross profit margin
- Five-day trading, closed Sundays and Mondays
- New 5+5+5 years lease available
- Fully equipped premises with two coolrooms, two walk in freezers and extensive display cabinetry
- Delivery van, forklift, ice machine and skin-packing machinery included
- 12 established wholesale customers
- Large customer parking with excellent street exposure
- Potential to add cooked fish and chips through planned premises expansion
- Freehold property available for an additional $850K
Ref: ME03522
