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North Queensland's Finest Seafood Profits $843k For Sale

West End, Queensland, Australia
Asking Price:
$3,750,000 (AUD)
Sales Revenue:
$7,045,135 (AUD)
Cash Flow:
$843,645 (AUD)

This is a well-established seafood retailer that has been operating for over four decades. The business has developed strong retail and wholesale customer base since its inception.

Revenue
$7,045,135 pa

Rent
$62,096 pa

Net Profit
$843,645 pa

Location Details
North Queensland

Lease
The commercial property is to be sold with the business. The property has been valued at $950,000.

Reason for Sale
The owners are desirous of pursuing new interests.

History
Established over for 4 decades.

About the Business
This outstanding business has established itself as the largest seafood retailer in North Queensland. Their customers are diverse from retail and wholesale customer segments.

There is a fully equipped property included with the sale with a purpose-built factory and production plant for $950,000.

Business Highlights
- Rewarded & recognised High-Quality Seafood Business
- High product turnover with minimal waste
- Retail represents 65% of turnover & 35% of turnover
- Business is on the higher end of the pricing structure for its quality & brand
- Business is operational 365 days of the year & open 7 days weekly
- Owners work 5 days per week & there is a manager in place to oversee operations
- The premises are also available for sale and offers 30% for expansion
- $80,000 worth of refurbishments (external walls and facade, floors, internal
walls, ceilings, roof, flooring, shopfront & lighting)
- North Queensland offers a great lifestyle as is a booming economy

Don't let this gem pass you by.

Enquire Today

Property Information

Real Estate:

Real Property Included

Location:

Townsville

Contact Transworld Business Advisors Brisbane CBD

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