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Fish And Chips, Souvlaki And Burger Bar For Sale

Frankston South, Victoria, Australia
Asking Price:
$298,000 (AUD)
Sales Revenue:
On request
Cash Flow:
On request

Popular Fish & Chippery
Nestled at the gateway to the Mornington Peninsula
Takings averaging $15,000 to 16,000 weekly
Magnificent exposure with ample parking situated next to a supermarket/bottle shop and restaurant, cafes, schools and high density home developments.
Long established business, complete new equipment and construction in 2020, $280,000 equipment and fittings.
Specializing in traditional fish & chips, burgers, and souvlaki on the spit, with huge potential for a full menu online via popular food delivery services. This previously generated approximately $2000 to $2500 weekly until the owner removed it due to the workload being too much for the business.
Regular loyal customer base
Trading 6 days (11-8), Closed Monday
Secure lease of 14 years 5x5x5x5 fantastic landlord.
Rental $513 weekly + outgoings
Extremely simple menu / operation
Operated by 1 part time owner + 4 staff, Self-serve kiosk, AI to answer phone orders and print directly to printers, computerised fryers for perfect cooking every time.
Perfect business for family or partners
Trial period on offer to verify takings
Genuine vendor and business, owner can stay on if needed to help out for a limited time only due to overseas business commitments.
Same owner since 2020
Highly profitable business
Inspection highly recommended
Asking price $298,000 + Stock

Property Information

Real Estate:

Lease

Lease Terms:

Lease commenced 2020 with 5x5x5x5 plus outgoing rates , South east water

Leasehold Rent:

$2,225 (AUD) per annum

Location:

Frankston South ,within 5 School zones , boutique avenue with 2 cafes outside table area, IGA supermarket and bottle shop next door, travel agent and 2 realtors

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Add a full menu on Ubereats , Doordash, and menulog or employ your own drivers and increase your turnover , stay open 7 days a week and close at 9pm not 8 pm

Competition / Market:

No competition, award winning operator ,can’t keep up with orders , business is perfect for 2 partners or family and keep over 130,000 in wages in your portfolio.

Reasons for selling:

Overseas business and retirement

Trading hours:

11am to 8pm closed Mondays

Employees:
4
Years established:
6

Other Information

Support & training:

Owner can stay up to 4 months or until new owner is comfortable running business .

Furniture / Fixtures value:
$280,000 (AUD)
Inventory / Stock value:
$12,000 (AUD)