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Long-established Fish & Chips Business For Sale

Olinda, Victoria, Australia
Asking Price:
On request
Sales Revenue:
$520,000 (AUD)
Cash Flow:
Undisclosed

Long-Established Fish & Chips Business - $10K Weekly Takings, Short Hours

*Expressions of Interest*

An excellent opportunity to acquire a long-standing and well-known fish and chips business located in a tightly held hills precinct in Victoria. This business has been a staple of the local community for over five decades and benefits from strong repeat trade, consistent takings, and a simple, proven operating model.

The business generates approximately $10,000 per week in takings and is supported by very short trading hours - operating only 4 days per week, making it ideal for owner-operators seeking lifestyle balance or buyers looking to improve performance by extending hours.

The premises include 22 seats for dine-in, adding flexibility for takeaway and eat-in trade. Rent is exceptionally affordable at $2,414 per calendar month including GST, with outgoings of only $6,500 per annum, offering strong cost control and attractive margins.

A new 5-year lease commenced on 19 January 2024, with two further 5-year options, providing long-term security for the incoming owner.

The business is currently run by two full-time owners, supported by five casual staff, allowing for smooth operations and flexibility. Having been owned by the current operators for just two years, the sale is purely due to health reasons, not business performance.

With 51 years of establishment, a loyal customer base, low overheads, and clear upside through extended trading hours or menu expansion, this is a rare opportunity to acquire a stable, community-backed food business in a premium location.

Property Information

Real Estate:

Lease

Lease Terms:

A new 5-year lease commenced on 19 January 2024, with two further 5-year options.

Leasehold Rent:

$28,968 (AUD) per annum

Location:

Located in a tightly held hills precinct in Victoria.

Premises Details:

The premises include 22 seats for dine-in, adding flexibility for takeaway and eat-in trade.

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Health Reasons

Trading hours:

4 days: Thurs to Sat: 11am to 8pm, Sun: 11am to 7pm

Employees:
2 FT owners & 5 Casuals 
Years established:
51 years