Home Business For Sale RARE: Highly Profitable, Managed Seafood Business + Freehold – TSV
For Sale
Reference Number: bus6050
5 days ago
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RARE: Highly Profitable, Managed Seafood Business + Freehold – TSV

$1,350,000 + SAV

This is a rare opportunity for an owner operator or investor to acquire a long-established, highly profitable retail and wholesale seafood business in Townsville, known for its high quality product; which has lead to its loyal customer base of local residents and businesses.

Operating from a high-exposure site on a major road, the business is under management with minimal owner involvement and supported by a committed team, with key staff willing to stay on for a new owner. After 40 years of operation it dominates the local market and continues to grow year-on-year.

With the freehold also available, this is a rare opportunity to acquire both a thriving business and a quality commercial property that can be used to build wealth in our outside of a SMSF.

Reference Number: bus6050

Business Snapshot:

Revenue: $6,592,000
ROI: 38.7% p/a
Earning Type: EBITDA
Earning Type Value: EBITDA
Business + Freehold Purchase Opportunity
Business Asking Price: $1.35M
Freehold value: $950,000
Workforce: Full time manager + Supervisor + team of full time, part time and casuals

The Key Details:

Very stable, operating for 40 years.
Net profit and gross profit margins increasing year on year.
Under management with limited owner involvement
Freehold also on offer provides the chance for a buyer to build wealth.
Stable workforce with low turnover plus key staff willing to stay on post-sale.
Prime, high traffic location.

Summary

Businesses like this, that are stable, highly profitable, growing and have minimal owner involvement - combined with the opportunity to purchase the freehold, do not come onto the market very often.

If you are interested in this opportunity it is recommended to act today to enquire, as once sold there's a high chance it won't be available again for a long time.



This Business May Suit
• An owner operator or investor looking for a multi six-figure income with minimal involvement.
• An investor who wants to build wealth by paying off their own commercial property.
This is a rare opportunity for an owner operator or investor to acquire a long-established, highly profitable retail and wholesale seafood business in Townsville, known for its high quality product; which has lead to its loyal customer base of local residents and businesses.

Operating from a high-exposure site on a major road, the business is under management with minimal owner involvement and supported by a committed team, with key staff willing to stay on for a new owner. After 40 years of operation it dominates the local market and continues to grow year-on-year.

With the freehold also available, this is a rare opportunity to acquire both a thriving business and a quality commercial property that can be used to build wealth in our outside of a SMSF.

Reference Number: bus6050

RARE: Highly Profitable, Managed Seafood Business + Freehold – TSV

$1,350,000 + SAV

Contact Business Broker

Client Testimonials

“Tu Nguyen is an exceptional business broker!”

M. Richardson , 13 Dec 2018 “Tu is an exceptional broker. Tu earned every bit of his commission! His dedication to clients and communication is better than any other broker i have dealt with in the past (and I have dealt with plenty!) M. Richardson Tu Nguyen receives another Benchmark Business Sales Review. Tu has worked […]

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“Tu Nguyen has sold 2 businesses with us within the past 12 months!”

Thomas & Cherie , 16 Jan 2019 “We highly recommend Tu Nguyen as a business broker– he sold 2 businesses for us in the past 12 months. We have found Tu to be professional and honest. He is also very proactive and easy to contact. We could not happier with outcomes Tu achieved for us.” Thomas & Cherie, […]

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“We engaged the Business Broker Tu Nguyen to sell our Pizza Hut store and he got us to the finish line.”

Nizar Ali , 03 Apr 2019 “We engaged the Business Broker Tu Nguyen from Benchmark Business Sales to sell our Pizza Hut store and he got us to the finish line. Tu Nguyen did an excellent job for us. The level of communication and dedication in getting the sale across the line was first class and […]

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