Thriving Cafe and Fish & Chips Business with Seafood Shop

Southport QLD
Asking Price $400,000
Revenue $1m - $2m
Profit $200 - $300k
About

Take the helm of a bustling cafe and fish & chips shop, offering both fresh and cooked seafood. Located in a picturesque setting at Broadwater Park, this business overlooks the water, providing a serene dining experience for guests. This unique combination of a coffee shop and seafood outlet has been a popular choice among locals and tourists alike.

Key Business Details:

  • Location: Situated in a prime spot within Broadwater Park, with stunning waterfront views.
  • Lease Details: The annual rent is $135,000, with 4 years remaining on the current lease. The business has successfully operated here for 12 years, with multiple lease renewals.
  • Trading Hours: The cafe operates daily from 7 AM to 3 PM, while the fish & chips shop serves customers from 11 AM to 5 PM, seven days a week.
  • Management: Fully managed with the owners dedicating around 10 hours per week to payroll and accounts.
  • Staffing: Comprising 15 employees, including 3 full-time and 12 casual staff, ensuring smooth operations.
  • Ownership: Established in 2010, the business has been consistently profitable.

Growth and Expansion Opportunities:

  • Extend Operating Hours: There's potential to increase revenue by extending hours to include dinner service and possibly introducing a breakfast menu.
  • Leverage Location: Utilize the park's events and activities that draw large crowds to further boost foot traffic and sales.

Reason for Selling: The owners are divesting to free up capital for a new venture later this year, providing a rare opportunity for a new owner to step into a well-established and profitable business.

Training and Transition: Comprehensive training will be provided to ensure a smooth transition. The skilled and reliable staff are also capable of assisting with ongoing training, ensuring continuity of service.

Business Highlights:

  • Prime Location: Enjoy the natural beauty and customer draw of Broadwater Park.
  • High Profit Margins: A profitable model with significant potential for further growth.
  • Established Brand: A decade-plus of operation has solidified its reputation in the community.

Investment Appeal:

  • Ideal for buyers seeking a business with a proven track record, substantial customer base, and significant expansion potential.

Don't miss this opportunity to own a thriving business in a stunning location. Send us an enquiry today to learn more about this exciting offer and to discuss the next steps. 

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Client No: W9675 Private sale, no contact by agents or marketers please. Last Updated 24 Nov 2024
Contact this seller
What's your enquiry about?
Client No: W9675 Private sale, no contact by agents or marketers please. Last Updated 24 Nov 2024