Thriving Cafe and Fish & Chips Business with Seafood Shop

Description

Business type: café, fish and chips and seafood outlet

Location: Broadwater Park

Trading history at current site: 12 years

Established: 2010

Operating model: fully managed

Owner involvement: approximately 10 hours per week

Business overview

Established café and seafood business offering fresh and cooked seafood.

Customer base: locals and tourists

Profitability: consistent

Brand presence: established

Location

Position: within Broadwater Park

Waterfront outlook: uninterrupted

Recreational precinct: high traffic

Trading hours

Café: daily, 7:00am to 3:00pm

Fish and chips: seven days, 11:00am to 5:00pm

Lease

Annual rent: $135,000

Current lease remaining: 4 years

Previous lease renewals: multiple

Team

Total employees: 15

Full-time staff: 3

Casual staff: 12

Experienced staff: in place

Operations

Current owners: approximately 10 hours per week

Owner duties: payroll and accounts

Day-to-day operation: managed by staff

Growth

• Extend trading hours
• Add dinner service
• Expand breakfast offerings
• Increase trade from park events
• Increase trade during seasonal foot traffic periods
• Further develop the waterfront dining offering

Reason for sale

Owners are releasing capital for a new venture.

Transition

Training: included

Handover: included

Existing staff support during transition: available