Traditional fish & chips
$139,000 + SAV ($4,000)
Web ID:
Business Description
This impressive take away is perfectly positioned in a popular Fleurieu Peninsula tourist destination among other eateries, hotels and accommodation. Currently trading 7 days per week and offering traditional fish and chips, burgers, steak sandwiches, hot dogs, etc.
Operating from spacious premises, seating 36 inside and 8 outside, the business commenced trading in 2013. It is currently run under management with minimal input from the owner and would ideally suit an owner operator.
At a glance:
- 7 day take away in popular tourist hub
- Average sales $10,000+ per week
- Rent $777 per week + outgoings
- Return to one working owner $150,000 approx. (2015/16)
- Run under management - ideally suited to owner operator
Tony Iasiello - 0412 217 608 & Melanie Winter - 0408 085 932
Extended Price Information
| Goodwill including Plant & Equipment | $139,000 |
| Stock at valuation (approx) | $4,000 |
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$143,000 |
Financial Summary
| Year
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Sales | ||||
| 2015/2016 | $526,355 | $137,037 | |||
| 2016/2017 | $520,495 | $120,569 | |||
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Staff Summary
Currently run under management by four casual staff.
Lease Summary
| Current Rent | $3,436.14 per month plus GST |
| Lease Term | 3 years |
| Lease Commencement | 19th April 2013 |
| Lease Expiration | 18th April 2016 |
| Right of Renewal | 1 x 3 years |
| Outgoings | Paid by tenant ($8,720 per annum approx.) |
| Adjustments | CPI annually |
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Plant & Equipment
| Written Down Value of Plant (approx.) | $17,256 |
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This business is currently run under management however the vendor does help out during holiday times & long weekends.