The fish & chips shop is located on the busy main street of Glebe, close to schools and residential areas, with a stable source of customers and high profits.
During the current epidemic, the weekly rent has been halved to only $550 per week.
The store has been in operation for more than ten years and has been newly renovated for two years. The equipment in the store is now transferred together with the inventory worth about $5,000.
The store is about 70 square meters, with dine-in seats and 2 parking spaces.
Because owner is retiring the shop is sincerely transferring, interested customers not miss it!
Rent: $1100/month inc GST&Outgoing, rent halved during the epidemic.
Lease situation: remaining 2+3 years, renewable
Area: about 70 square meters
Inventory: about $4000-5000
Turnover: $400,000/year before the epidemic, around $260,000/year during the epidemic
Net profit: around $140,000/year