Business & Shareholding at the Sydney Fish Markets | Ray White Business Brokers & Business Sales Agents

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Business & Shareholding at the Sydney Fish Markets Food , Partnerships, Food, Corporate Sales above $1m, Wholesale And Distribution , Cafes And Restaurants Sydney, NSW , Australia 596 Views
$0.00
Expressions of interest over $2,950,000 for 100%
0% Complete (success)
0%

Get in on Sydney's biggest tourist destination.

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MAKE AN OFFER OR SUBMIT AN EXPRESSION OF INTEREST

This Listing is open for both accredited & non-accredited Buyers & Investors.

SALE OR INVESTMENT DETAILS
  • Stock at Cost $0
  • Gross Sales per annum $0
  • Assets Included in Sale $0
  • Profit (Normalised EBITDA) $0
  • Finance Available (subject to approval) Yes

Selling Agents

Highlights

  • Business & Shareholding at the Sydney Fish Markets
  • Continue the current business, extend and/or operate multiple business
  • Multiple Income streams in the Shareholding and Operating Business
  • Shareholding comes with Voting Rights and Current Board Representation

Executive Summary

Following This Weeks, NSW Government Announcement To Redevelop the Sydney Fish Markets we have an Exciting Opportunity To Acquire a going concern business & Limited Shareholding in the managing company that operates as the "Sydney Fish Markets".


Summary 

This is an exciting once in a lifetime opportunity to acquire an operating business and limited shareholding within one of Australia's largest tourist destinations , The Sydney Fish Markets. The NSW Government has this week announced a $300 million dollar plus redevelopment and relocation of the current markets to the neighbouring waterfront site in Blackwattle bay. The current visitor count of 4 million is expected to double according to the State Government Press release, in addition to planned neighbouring residential developments. 


Opportunities 

- Opportunity to negotiate multiple business opportunities (sites) within the new development 

- Continue the current business, extend and/or operate multiple businesses 

- Multiple Income streams in the Shareholding and Operating Business 

- Shareholding comes with Voting Rights and Current Board Representation 


Multiple Income Streams 

A) Current operating business under management showing a profit close to $500,000 pa; and 

B) Equity in the management authority at The Sydney Fish Markets with a variety of income sources from retail leasing, car parking, seafood wholesaling to name a few. 


Current Operating Business 

The operating business itself is considered to be an industry-leader with a loyal local and international customer base. Having been established for over 25 years, it has been the recipient of numerous highly favourable reviews and articles over the years and is considered to be the foodie’s/chef’s first port of call. 


The Sydney Fish Markets Markets 

The Sydney Fish Market is a joint venture between the NSW Fishermen’s Holding Company Pty Ltd and SFM Tenants and Merchants Pty Ltd. 


Information Links:

Sydney Fish Markets Video 

Sydney Fish Markets Website 

NSW State Government Announcement 

Expressions of Interest above $2.95m


For more information on this opportunity, please contact the undersigned:


Richard Ames

Business Sales Specialist | Business Sales Sydney

Ray White Business Sales, Corporate Business Sales & Acquisitions

M: 0421 490 501 T: 1800 858 696 E: richard.ames@raywhite.com


Or


Matthew Holland

Director | Business Sales Sydney

Ray White Business Sales, Corporate Business Sales & Acquisitions 

M: 0425 223 629  T: 1800 858 696  E: matthew.holland@raywhite.com


Disclaimer:

Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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