SingaporeOverview
Financial Performance
Revenue
$73,666
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
$7,100
Operations & Ownership
Owner Role
Full Time
Property Information
Premise Type
Commercial Street
Operations & Growth
Reason For Sale
Moving Interstate
Description
An excellent opportunity to acquire a long-standing seafood retail business located in a tightly held, high-income inner-city precinct.
Operating for close to 30 years, this business enjoys strong local recognition, loyal repeat customers, and consistent walk-in trade. The store is well known within the community and has traded successfully through multiple ownership periods.
The premises are fully fitted as a specialist seafood retailer and include a walk-in cool room along with quality equipment valued at approximately $60,000, allowing a new owner to step straight in with no immediate capital outlay required.
Currently trading five days per week, the business presents clear upside potential for an owner-operator looking to extend trading hours or further optimise operations. The business is operated by working owners and would suit a hands-on buyer or family operator seeking a proven food retail business in a premium location.
Key Highlights:
Long-established seafood retail business (est. 1996)
Approx. $17,500 per week in takings
Premium inner-city location with strong local demand
Walk-in cool room and quality fit-out
Equipment value approx. $60,000
Estimated stock value approx. $15,000
Secure lease with 5x5x5 options commenced March 2022
Currently trading 5 days per week – further upside available
Ideal owner-operator opportunity
For more information or to arrange a private inspection, contact:
Chris Panagiotidis or Elle Likopoulos
Chris: 0433 582 533. chris@absolutebb.com.au
Elle: 0481 608 460. elle@absolutebb.com.au
Ref: B15003
Operating for close to 30 years, this business enjoys strong local recognition, loyal repeat customers, and consistent walk-in trade. The store is well known within the community and has traded successfully through multiple ownership periods.
The premises are fully fitted as a specialist seafood retailer and include a walk-in cool room along with quality equipment valued at approximately $60,000, allowing a new owner to step straight in with no immediate capital outlay required.
Currently trading five days per week, the business presents clear upside potential for an owner-operator looking to extend trading hours or further optimise operations. The business is operated by working owners and would suit a hands-on buyer or family operator seeking a proven food retail business in a premium location.
Key Highlights:
Long-established seafood retail business (est. 1996)
Approx. $17,500 per week in takings
Premium inner-city location with strong local demand
Walk-in cool room and quality fit-out
Equipment value approx. $60,000
Estimated stock value approx. $15,000
Secure lease with 5x5x5 options commenced March 2022
Currently trading 5 days per week – further upside available
Ideal owner-operator opportunity
For more information or to arrange a private inspection, contact:
Chris Panagiotidis or Elle Likopoulos
Chris: 0433 582 533. chris@absolutebb.com.au
Elle: 0481 608 460. elle@absolutebb.com.au
Ref: B15003
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