Ad ID: 102614

Seafood Retail Business for Sale Coromandel Town

Seafood - Retail & Wholesale - Coromandel Town

Location:
Asking:
$150,000
+SAV +GST
Turnover:
$468,201

Business for Sale Description

Seafood Retail Business for Sale Coromandel Town

Coromandel Smoking Company.  Purchase business alone or purchase business and land and buildings.  52% Gross Profit.

1062m2 land and buildings on Commercial Zoning in Coromandel Town, Situated 30 seconds walk of the caf├ęs and shops, the business sits on a 1062m2 commercially zoned site. 

Coromandel Town is renowned for its seafood and this business focusses totally on this popular Coro product. The Coromandel Smoking Company has been operating for over 20 years and has evolved from a retail store into what is now approximately 50/50 retail and wholesale business.

The owners have had 11 years cultivating their wholesale business and now their smoked seafood products are freighted to a diverse range of restaurants, cafes and delis. They also have a loyal following of private retail buyers who order on-line and whose goods are freighted out weekly.

The diversity of their customer base has seen them move through Covid relatively unscathed. The books show an excellent return and there is still room for increasing trade, especially in the wholesale and out of town retail trade.

An owner could operate the business themselves, put a manager in the business or sell the business with a new lease.

Interested In This Opportunity?

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For more info
Contact: Caro Reid

Caro Reid

021 0291 5531 or 078668260
Coromandel Beaches Realty Ltd
Broker Ref: Jane
Licensed REAA 2008