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Inner West Highturnover Seafood Business Long Lease Excellent Fit Out For Sale

Bankstown, New South Wales, Australia
Asking Price:
$579,000 (AUD)
Turnover:
Undisclosed
Net Profit:
Undisclosed

Prime opportunity to acquire a beautifully presented, high-volume Fish & Chips and seafood retail business in this very busy Inner West Suburb, NSW. Perfect for an owner-operator or investor seeking immediate cashflow from an established, well-equipped outlet.

Location and premises

- Situated in the heart of this suburb with strong local foot traffic and repeat trade.

- Excellent 220 sqm retail and processing space - spacious layout for service and back-of-house operations.

- Large walk-in cool rooms and freezers providing exceptional cold storage capacity for high-volume seafood handling.

- Beautifully presented with a Prime Position Shopfront.

- Excellent fitout with all amenities in place not a cent to spend.

Trading and financial highlights

- Trading hours: 8:00 am - 6:00 pm, 7 days a week.

- Current turnover: $45,000 per week (~$2.34M p.a.).

- Wages are $8,000.00 pw and owner takes $2,000.00 pw.

- Asking price: $579,000 - approximately 0.25x annual turnover.

- Rent: $3,500 per week (including GST and outgoings) - roughly 7.8% of weekly turnover, a healthy cost-to-sales ratio.

Lease and tenure

- Secure lease in place until June 2033, providing long-term occupancy certainty.

Why this business stands out

- Outstanding scale for a retail food business with superior cold storage - ideal for high-volume seafood retail and takeaway.

- Turnkey operation: fully fitted, well maintained and ready for immediate handover.

- Strong weekly sales demonstrate proven demand and immediate profitability potential.

- Flexible sale suitable for owner-operator to increase margins and personalize offerings, or for an investor seeking reliable returns.

Opportunities for growth

- Expand delivery, online ordering, and catering services.

- Introduce promotions, meal deals or wholesale supply to local businesses.

- Cross-sell complementary products and increase average transaction value.

Asking price and next steps

- Asking price: $579,000.

- Serious inquiries only. Confidential sales information and inspection available on request.