Coral Sea Seafoods
About this opportunity
Not every fish shop buys prawns by the ton, and not every fish shop gets fresh seafood straight off the boat, but Coral Sea Seafoods & Takeaway do. An incredibly motivated seller that is ready to retire is keen to sell to an owner operator that wants to make some big money. This business has a massive turnover and is extremely profitable, the seller has suppliers in place to continue the supply of fresh fish, prawns and other seafood products to the shop. With a full-time manager in place, this is a fantastic opportunity for anybody.
Business Story
North of the Sunshine Coast, you’ll find the serene seaside communities of Agnes Water and the Town of 1770 (also known as Seventeen Seventy). This sought-after sea change location will charm you with its secluded beaches, calm inlets and abundant forests, home to a large retirement population that caters to a large tourism population.
Coral Sea Seafoods & Takeaway has earned a massive reputation for the best fresh seafood & freshly cooked seafood served with friendly customer service. This is supported by some amazing reviews for quality and service on Google, Trip Advisor and Facebook.
This business model is simple and an ultimate cash cow with a high turnover of $1.2m per annum and a low cost of goods. The margins in this business are extreme and makes for a great lifestyle with an awesome team of staff but the income could be even better if run by owner operators.
The business premises are clean, fresh and modern with new signage and an outdoor dining area to the side of the building, there is no more to do except takeover and start earning money.
Cash is king in this type of business and to ensure interested parties are satisfied the sellers are prepared to offer a trial period to view the daily business operation and following that will additionally offer a training period to ensure a smooth transition. The current owner is keen to sell and wish to retire from full time work, if this awesome business interests you, give us a call today!
Our People
Denny brings a distinguished career spanning corporate management, national and international FMCG organisations, and hands on ownership of multiple small businesses. His background includes extensive experience in operational management, sales and marketing leadership, franchise management, and the successful ownership and operation of motels, courier services, and supermarket businesses.
Recognising a gap in the market for a communicator with deep operational insight and genuine commercial understanding, Denny established his business broking practice in 2007. Drawing on decades of combined corporate and small business experience, he has elevated the standard of business brokering through the creation of the Business Sales Group—comprising of NQ Business Sales, CQ Business Sales, FNQ Business Sales and SEQ Business Sales.
Today, the Business Sales Group operates as a highly automated, technology driven organisation, delivering exceptional reach, rapid response times, and a consistently professional product. This modern platform has set new benchmarks in efficiency, presentation, and buyer engagement.
Denny’s focus remains unwavering: to support both sellers and buyers throughout the transaction process and deliver outcomes that are fair, transparent, and commercially sound. He continues to grow the business footprint while embracing the latest technologies to ensure clients receive a premium, high quality service.
Phil started his working career in purchasing with large and multi-national companies in Sydney.
A family relocation to Bowen in 1974 was the catalyst to owning his own business.
Phil has been in various businesses from Pest Control to Delicatessen/Takeaway and has for the last 39 years built a wholesale business that has served Bowen, Whitsundays, Mackay and the Coalfields, from 1 truck and himself to 6 trucks and 15 employees.
This has given Phil a very solid knowledge of the area from Bowen to Rockhampton and what it takes to thrive in business there.
Phil has a strong knowledge of business and business practices built through the process of growing his own business as well as time spent on State Franchise Council and dealing with the many changing government policies in those 39 years.
The process of selling his own business has shown Phil the real need for a locally based business broker, easily contacted and heavily focused on the Central Queensland area, which has led to his involvement in CQ Business Brokers.