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DealProspect/Listings/Food & Beverage

Award-Winning Seafood Retail & Wholesale Business

General Retail

ActiveFood & BeverageVictoriaB2B & B2C
Asking price
$995,000
Disclosed · AUD
Revenue
$2,835,000
TTM
Net Profit
$575,000
Implied multiple
1.7×
asking / earnings
Brief
  • Award-winning fresh seafood retail and wholesale business on Phillip Island, trading over 13 years
  • Serves retail customers plus 12 established wholesale accounts and 5 independent supermarkets
  • Operates five days a week, closed Sundays and Mondays
  • Fully equipped premises with two coolrooms, two walk-in freezers and display cabinetry
  • Delivery van, forklift, ice machine and skin-packing machinery included
  • New 5+5+5 year lease available; adjoining freehold property available separately by negotiation
  • Potential to add cooked fish and chips through planned premises expansion