08 8361 3074

Captain Hook Seafoods

$255,000 + SAV ($20,000 approx.)

Business Description

At a Glance

  • Long standing fish & chip takeaway
  • Sales $15,000+ per week
  • Large modern & clean store
  • North-eastern local shopping centre
  • Long lease in place, current wages around $3,500 per week

Long standing fish & chip takeaway located in the Greenacres Shopping Centre. The business is ideally positioned close to a major fun & activity centre & other food outlets.

Captain Hook Seafoods is a large bright store with a substantial preparation area at the rear which includes a walk-in cool room & walk-in freezer. The equipment is in excellent condition & is well maintained.

The business is currently run by two owners who work a combined 85 hours per week & employ 10 casual staff working various hours (staff details & roster available later in the profile).

Sales are around $15,000+ per week & the business uses three delivery services: UberEats, Menu log & Deliveroo which make up 19% of their sales in the most recent financial year.

After 14 years of running Captain Hook Seafoods & 55 years in the food industry, the Vendors are now looking to retire.

Tony Iasiello 0412 217 608


Extended Price Information

Goodwill including Plant & Equipment $255,000
Stock at valuation (approx) $20,000
$275,000

Staff Summary

Two vendors currently working as cook/back of house and front of house along with 10 other casual empoloyees.

Lease Summary

Current Rent $5,416.84 per month + GST
Lease Term 5 years
Lease Commencement 1st March 2017
Lease Expiration 28th February 2022
Right of Renewal 1 x 5 years
Outgoings Paid by tenant
Adjustments CPI annually & to market at renewal