Exciting Opportunity To Acquire A Business & Shareholding At The Sydney Fish Markets

Pyrmont, NSW

Retail / Food/Beverage Food/Hospitality / Deli Rural / Agricultural
Above $2.95m
Listing ID1559359

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Following The NSW Governments announcement to redevelop the Sydney Fish Markets, we have an exciting opportunity to acquire a going concern business & Limited Shareholding in the managing company that operates as the "Sydney Fish Markets".

This is an exciting once in a lifetime opportunity to acquire an operating business and limited shareholding within one of Australia's largest tourist destinations, The Sydney Fish Markets. The NSW Government has this week announced a $300 million dollar plus redevelopment and relocation of the current markets to the neighbouring waterfront site in Blackwattle Bay. The current visitor count of 4 million is expected to double according to the State Government Press release, in addition to planned neighbouring residential developments.

- Opportunity to negotiate multiple business opportunities (sites) within the new development
- Continue the current business, extend and/or operate multiple businesses
- Multiple Income streams in the Shareholding and Operating Business
- Shareholding comes with Voting Rights and Current Board Representation

Multiple Income Streams

A) Current operating business under management showing a profit close to $500,000 pa and

B) Equity in the management authority at The Sydney Fish Markets with a variety of income sources from retail leasing, car parking, seafood wholesaling to name a few.

Current Operating Business
The operating business itself is considered to be an industry-leader with a loyal local and international customer base. Having been established for over 25 years, it has been the recipient of numerous highly favourable reviews and articles over the years and is considered to be the foodie's/chef's first port of call.

About the Sydney Fish Markets Markets
The Sydney Fish Market is a joint venture between the NSW Fishermen's Holding Company Pty Ltd and SFM Tenants and Merchants Pty Ltd.

Information Links:
Sydney Fish Markets Video
Sydney Fish Markets Website
NSW State Government Announcement

Expressions of Interest above $2.95m

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

Richard Ames
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0421 490 501 T: 1800 858 696 E: richard.ames@raywhite.com


Matthew Holland
Director | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0425 223 629 T: 1800 858 696 E: matthew.holland@raywhite.com

For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1559359 to search for the business.

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, owners salaries, directors benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.