Fish Stop Annandale – Fish & Chips

AU$225,000
October 20, 2017

Description

This is your chance to jump on a fantastic business opportunity to own a very well established and profitable takeaway business with a great reputation.

Business Overview
Fish Stop Annandale is located in a busy complex of shops at Shop 3, 56 Yolanda Drive, Annandale. The vendors purchased the business in November 2015 and gave it a new, fresh look and rebrand (it was previously Harolds Seafood Annandale). A fish and chip shop has been located in this ideal position for over 17 years.

The shopping complex is high traffic and the surrounding quality businesses draw good levels of customers to the business, including:

  • BWS
  • Ray White Annandale
  • Pro Cut Meats
  • Annandale Hair Design
  • Annandale Mini Mart
  • Smart Clinic Medical Centre
  • Qld X-Ray
  • QML Pathology
  • Physio on Ross
  • Thrive Pharmacy
  • R n R Pool Shop

Excellent relationships with quality suppliers have been established which enables the business to continuously deliver high quality, delicious takeaway food. The business has grown a loyal, repeat customer base and continues to grow from word of mouth referrals.

Employees & Business Hours
Both vendors work in the business and employ:

  • 1 casual cook – 25 hours per week
  • 1 casual junior – 20 hours per week
  • 1 casual junior – 9 hours per week

Fish Stop Annandale trades 7 days a week as follows:

  • Monday to Thursday:  10am – 2pm / 4pm – 8pm
  • Friday:  10am – 8pm
  • Saturday & Sunday:  10am – 2pm / 4pm – 8pm

Facilities
The fully air conditioned 52m2 premises are clean, bright and a good size for a busy takeaway business. There is undercover seating for 12 customers in front of the shop and the complex has ample car parking for customers.  All the equipment is in great condition with full maintenance logbooks and there are security cameras installed for additional safety. The business has the benefit of a second cooking station which is used as a backup or during busy periods eg Easter.

The lease expires in 2023 and has a 10 year option attached to it. The monthly rental is very affordable and doesn’t include any outgoings.

Profitability
An impressive 62% return on investment is being achieved by the business.

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Very well established business
  • A fish and chip shop has been operated from the premises for over 17 years
  • The fully air conditioned premises are fresh and very clean
  • It is a very profitable business – 62% return on investment
  • A large loyal, repeat customer base has been established
  • Equipment is in a good, well maintained condition
  • Second cooking station for back up or busy periods
  • Excellent supplier relationships have been established
  • Undercover seating for 12 customers
  • Ample off-street parking directly in front of the business
  • Good affordable lease until 2023 with an additional 10 year option
  • Good cash business

Price
Fish Stop Annandale is being sold on a walk in walk out basis for $225,000 (neg).

Contact
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

Location