Seafood Business at Prime Location with Huge Growth Potential

Toowong QLD
Asking Price $595,000 +SAV
Revenue $100k - 250k
Profit $300k - $400k
About

Seafood Business at Prime Location with Huge Growth Potential

This seafood business, located in a bustling area not far from a busy shopping center, offers top-quality frozen seafood to local customers and Sushi shops. The business owner personally selects premium products from a fish market.

Key Success Factors:

  • Prime Location: No direct competitors, with the closest being a fish and chips shop in a neighbouring suburb.
  • High-Profit Margin: Specializing in frozen seafood, creating better profit margin than live seafood.
  • Efficient Operation: Business runs smoothly with minimum staff, keeping labour cost relatively low.
  • Affordable Rent: Keeping total expenses low boosts profitability.
  • Wholesale Partnerships: Supplies seafood to Sushi shops for additional revenue.

Growth Potential: Increasing customer traffic through targeted advertising and expanding the kitchen’s menu to include live seafood and Sashimi could further boost the business.

Operating hours:

·         7 days per week

·         9:00 am – 7:00 pm

Key points:

·         Size of premises: 137 sqm

·         Lease: current to 30 September 2028 with option: 1 x 5 years

·         Rent payment on July 2025 was $6,356.81 including GST.

·         Annual rent increase: CPI

·         Staffing: owner works full-time with 10 casual staffs including 2 juniors.

·         Total sales for the financial year of 2025: $2,365,000

·         Net profit before income tax for the financial year of 2024: $368,000

Asking Price: $595,000 + SAV ($100,000 -$170,000 – estimate)

For further information about this business, please complete the Purchaser Registration and Confidentiality Agreement by clicking Forms/Business on xxxxx: or

Please call Sunny on xxxxx

(The image used is for display purposes only and does not reflect the business advertised for sale.)

 

Ref Num: 942
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Listed By: Last Updated 27 Jul 2026
Contact this seller
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Listed By: Last Updated 27 Jul 2026