Successful Retail Seafood Business

A renowned local icon, Ocean World Seafood Market is a thriving establishment underpinned by a strong reputation and an unfaltering commitment to quality. Offering an incredible opportunity for the astute entrepreneur, the business's proven track record and base of loyal clientele provide the perfect foundations for an incoming Owner. With FY23 showing EBITDA in excess of $480K, this business acquisition represents an impressive ROI. Specializing in local line caught fresh fish, shellfish, frozen seafood and a thriving take-away fish and chip offering, the business supplies both the retail and wholesale market, with some of Cairns's leading restaurants making up their valued customer base. Holding prime position on a high-profile corner of Cairns's bustling Sheridan Street, Ocean World Seafood Market is ideally situated to capture a broad customer sector. The business's North Cairns premises is close to city dwellers and surrounds, whilst also capturing a large portion of commuters thanks to the convenience of the location. With opportunity for further expansion, particularly in the Wholesale sector, Ocean World Seafood Market is undergoing an incredible growth phase which would greatly benefit an incoming Owner. Features of the Business Opportunity: FY23 EBITDA in excess of $480k Business in an incredible growth phase Thriving Fish and Chip Takeaway offering, as well as fresh seafood Trade 7 Days a week: Sat Thurs 9am-7pm, Friday 9am-8pm Wholesale relationships in place and ideal to grow upon Outstanding local reputation Renowned for fresh, local produce Quality products also sourced from Southern Regions to ensure a diverse offering Close proximity to Cairns Domestic and International Airport, Tobruk Swimming Pool, Tennis Centre and Cairns Hockey. Convenient Off-Street Parking Prime positioning on one of Cairns's busiest streets Generous Training Period on offer for Incoming Owner Core group of staff in place to enable a smooth handover With strong financial results, an outstanding local reputation and the potential for future growth, Ocean World Seafood Market is primed for new Ownership. Motivated entrepreneurs and industry operators are strongly urged to inspect.

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