SEMI-UNDER MANAGEMENT: LONG ESTABLISHED, PROFITABLE & BOOMING SEAFOOD CAFE LOCATED AT BRISBANE’S SOUTH WEST INNER NEIGHBOURHOOD NEARBY THE RIVER

This popular and booming seafood café enjoys a high-profile corner block location with the main road exposure and plenty of foot & passing by traffic. There are inside and outside dining areas, relaxed and inviting décor. Street parking is readily available and the site makes the most of very busy day tripper foot traffic every weekend and holiday.

The business had been established for a long time and took over by the present owner in April 2022. Owner states weekly sales of averaged $15,000 (including cash) with sales from Fish & Chips, burgers takeaway and selling fresh seafoods enjoying netting of $230,000 pa. (after paying off owner's wage).

There is a full time Manager who works with the owner and well-trained dedicated staff serving the freshest and delicious seafood, snacks, fish, chips and hamburgers to the locals. It is a popular lunch stop for tradies as well as loyal regular locals. Majority of sales are cooked items with high margins. Well-known for quality fish & chips, fresh salads for the health conscious, choice of burgers etc.

The business is backed by an easy-going landlord, a very reasonable rent of $1,100 weekly (inclusive O/G, water & GST) and a very long lease of up to 2031 (including 5 years of option).

This is a great and simple business suitable for the Visa 188a applicant and is a perfect business for any inspired entrepreneur to drive huge upside to increase sales even further by adding other food lines such as roast & fried chicken meals etc.

Contact Henry Chow

Asking $198,000

Ref. no. BUY2404

For more details, please email broker or call agents.