Ellis Corporate Phone : (08) 93 ****
David Ellis
08 93 ****

0438 ****

Fish & Chips - showing massive 66%+ return on investment !

Listing Id : 172104

Location : Western Australia - Broome

Category : Takeaway Food

Asking Price : 210,000

Business description

A longstanding icon in the town, serving Take Aways & specialising in traditional Fish & Chips, Seafood Baskets, Family Fish Dinners, Praws &/or Squid & Chips, Salads, Kids meals & Drinks plus much more ...

MAJOR BENEFITS which can be passed on to a new owner-operator who wishes to take over the reins from the longstanding [ over 9 years ] founding & now retiring owner-operator : -

# a strong & steady annual Trading pattern, reflecting the traditional seasonal population fluctuations in the highly popular & attractive coastal tourist town of Broome

# Turnovers [ weekly details available ] showed a consistently high annual figure & an average weekly turnover of some $5865

# excellent Gross Profits & steady, well controlled running costs result in substantially good book Net Profits exceeding an av of $2.68K pw [ quarterly & annual financials & tax figures available ]

# a comrehensively well fitted out shop includes an extensive Plant & Equipment list which is being passed on the new owners to ensure the business operations continue as a substantially efficient & good going concern

# the original 5+5+5 year Lease, still has some 7 years to run & a fully inclusive rental of approx $3K pcm & has an attractive busy food - arcade type location in a highly visable & prominent retail precinct

# it also provides on-site & Outside Seating for 32 patrons, to enjoy eating their take-aways on the premises if they wish

# Hours traditionally have a Lunch time 11am - 2pm window & then reopening for the busy Evening trade from 4pm - 8pm; with Tuesdays taken as a day off in the off-season! Note - this could vary at the owners discretion & especially in the busy seasonal months; & an added Bonus is that the owner also factors in a split of some 4 Weeks Leave each year too [ to traditionally incorporate a fishing trip ! ]

# Staffing assistance is provided by experienced permanent part-timers; plus also casuals during busier periods & engaged on a needs basis

# Profits are consistent & substantial - with the Net book operating Profit last year or EBDIT of approx $140K

# a Bonus to a buyer & new operator is that the retiring owner will provide 2 weeks Free Training on the sale of the shop !

# & what's an even more remarkable offer, is that the owner's also prepared for any seriously intending prospective purchaser to join him for an obligation FREE full week's Trial Period, working in & alongside himself & the staff in the business, to ensure the business is entirely suitable & to do so BEFORE any business sale is formally concluded !!

The Selling Price being sought is 'exceptionally attractive' to any seriously intending buyer - & especially so for this extremely High Turnover & High Profit fast-food outlet; & has been incredibly agreed to by a fair-minded retiring vendor at some $210K [ which includes the Business plus all Plant & Equip at an estimated value of some $50K ] plus stock of approx $2/3K.

If interested in finding out more; or arranging for an inspection &/or even arranging for an obligation-free preliminary telephone discussion with the current business owner-operator .....

... please call David Ellis on**** **** w /**** **** m or email  : david@elliscorp.com.au


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