Takeaway Business - $1.7m P.A Revenue - Under Management

North Sydney, NSW

Food/Hospitality / Takeaway Food, Restaurant, Cafe/Coffee Shop
$350,000
Listing ID1632474

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Summary
Ray White Business Sales is ecstatic to present this amazing opportunity to acquire a unique and well-established Takeaway Fish Restaurant / shop that is under management in Sydney's beautiful Lower North Shore.

Revenue:
$1.7M p.a

Location Details
Well-positioned relevantly in one of Sydney's most iconic and sought after suburbs in the Lower North Shore.

This is perfect for the business's offering which benefits from the lack of competition and helps ensure a customer base.

Potential
The business has been so well established. Everything from Restaurant layout to its online presence has been done perfectly.

This creates a layer of excitement for any buyer as continuing the processes and methods that already exist will see continued growth and deliver strong return.

The new owners have the ability to increase the trading days to include Sunday which will see the revenue increase. The sale includes the transfer of the extended hour's liquor license attached to the business.

Skills
The business is predominantly run under management with well-trained staff. The new owners will need a passion for customer service and staff management experience. Hospitality experience would be advantageous but not essential.

Hours
Currently trading:
Monday - 9 AM - 8 PM
Tuesday - Saturday - 9 AM - 10 PM
Sunday: Closed

Employees
Current staff roster is as follows

Full Time - 1
Casual - 11

History
The business was founded in mid-2000's by two well-known chefs with a large focus on responsibly sourced quality seafood. It has since developed the perfect mixture of suppliers, staff and all around product offering. This solid framework of passion and quality create an undeniable case of future proofing and financial expansion that the new operator can look forward to.

About the Business
It is hard to not be excited about this business. It is truly a differentiating leader in the market and is run with an evident passion and responsible framework that has helped to solidify its place in the industry.

The founders are serious about where their seafood comes from and has established a number of responsibly operating suppliers that continue to produce high quality and environmental friendly types of seafood. This passion and respect for seafood shines through with the restaurant and food that is served and validated by the high volume of glowing reviews online.

The business has taken full advantage of the digital world by utilizing high traffic social media platforms as well as operating a clean and functional website that does a perfect job of conveying the passion for seafood and explaining the Seafood connoisseur's mission statement of responsible sourcing and the unwavering focus on high quality.

The restaurant prides itself on its wide variety of sea foods which help capture everyone's tastes in the fully licensed premises. This serves as additional validation of the online reviews which continue to highlight the diverse customer base and strong nature of this business through both lunch and dinner.

Here are a few important facts about the business:

- Multi award winning
- Glowing reviews
- Beautiful restaurant layout
- Fully licensed
- Trustworthy suppliers
- Consistently high turnover
- Part of Uber Eats & Deliveroo

The list goes on for this business, it's impossible to fault and with such an authentic passion, it's an opportunity that simply cannot be passed up.

For more information on this opportunity, please contact the undersigned:

Fred Pose
Business Sales Specialist
M: 0410 622 293 E: fred.pose@raywhite.com

Disclaimer: Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.