Waterfront 8-Year Seafood Business with Experienced Team and Consistent Growth

Description

Business type: fresh seafood retail

Location: Nelson Bay, New South Wales

Current ownership: 8 years

Trading days: 7 days per week

Annual rent: $55,000

Lease: 3 years remaining plus a 5-year option

Business overview

Established seafood retail business located on the Nelson Bay waterfront, near the marina complex and local fishermen's co-operative.

Trading performance: consistent year-on-year growth

Customer base: local residents and tourists

Current ownership: 8 years

Products and suppliers

Main product range: fresh seafood

Suppliers: local and interstate

Supply relationships: established

Location

Position: Nelson Bay waterfront

Nearby facilities: marina complex and fishermen's co-operative

Tourist market: established

Operations

Trading schedule: 7 days per week

Staff: 8 employees

Full-time employees: 3

Casual employees: 5

Day-to-day operations: supported by an experienced team

Lease

Remaining lease term: 3 years

Renewal option: 5 years

Annual rent: $55,000

Growth

• Expand existing supply arrangements with retirement villages
• Develop further partnerships with caravan parks

Current partnerships: small-scale arrangements with retirement villages and caravan parks

Reason for sale

Owner retirement.

Transition

Comprehensive training: offered

Extended handover support: available from current owners