Coromandel Takeaways & Fresh Fish
Hospitality Business Opportunity in Coromandel where the Owners Work Part-time most of the Year. Coromandel Takeaways And Fresh Fish is a very popular local drawcard as it has established an outstanding reputation for its delicious fish and chips, a range of takeaways and fresh chilled fish. Situated in picturesque Coromandel town on the coast, it’s a surprisingly profitable little gem that has performed very well despite Covid and the cyclones that kept visitors away last summer. Buyers looking for a café would be recommended to consider this as an alternative option as it is most likely less demanding. It could also be attractive to those looking for an investment in this area, and employ a Manager for the business.
Coromandel Takeaways And Fresh Fish has a long history in Coromandel town, it has been in the same building, at 124 Wharf Road, for over 20 years. This is a seasonal business because of its beautiful coastal location that has a large influx of visitors over the summer months. Many of these visitors come down to the Coromandel area from Auckland. Coromandel is a very popular spot for local visitors as well as overseas tourists because of its beautiful beaches as well as wonderful fishing and diving and attractions such as the Driving Creek Railway, hiking trails and ziplining. However, this business has steady sales and is still profitable over the winter months when things are a lot quieter.
The revenue for the business is generated from takeaways and from the sale of fresh fish and other items such as fresh salads. You can pretty much sell whatever food is suitable to be taken away. Plus, there are tables and chairs on the pavement outside and also picnic tables alongside the premises, so customers can sit and eat their takeaways right away. The business gets rave reviews from its customers who very much appreciate the quality of the food on offer, from the deliciously fresh and crispy fish and chips, seafood, burgers and fried chicken to various wraps and a whole range of “combos”.
It is the only shop that sells fresh fish in the Coromandel to Whitianga area. The only other place you can buy fish is at the supermarket, but the fish at Coromandel Takeaways is cheaper and fresher. This business has the advantage of a long-established relationship with their supplier of fresh whole fish. The new owner will benefit from this ongoing relationship and there is a letter from their supplier offering continuity of supply when the business is sold. The owners of the business fillet the fish, but if you don’t have much filleting experience, they will teach you all their skills or you may choose to employ someone to do that role. Currently owned by a couple, this business is a wonderful opportunity for new owners to live in this beautiful part of New Zealand, earn a great income and work part-time for most of the year. The staff are excellent and although you will be extremely busy in the Christmas to mid-January period, the rest of the year you will have plenty of freedom to do other things. There are 2 full-time staff that work in the business all year round, a cleaner who works part-time all year round and 3 part-time staff that work in the business during the peak times. The vendors are very happy to give a thorough ‘vendor handover’ and there are detailed operating manuals for the business, which will help a new owner immensely.
One unique feature of this business is their policy of zero waste. Everything is used. The snapper heads are sold fresh or smoked, some fish are made in to cat food and other fish in to berley bombs. Anything left of the carcasses after that is given to the cray fishers for bait.
Jarrett and Briar Sturgeon, the owners, say “we are proud of the enjoyment people get from our food and the business has provided us with a fantastic lifestyle over the past five years”.
This business runs on proven systems, an experienced workforce, and strong local support. It consistently delivers good profits, maintains secure supply channels, and benefits from a long-term lease in a good location. With the excellent revenue and profit that this business generates, the asking price of only $350,000 provides an incredibly good return on investment.
Coromandel Takeaways and Fresh Fish is being marketed by Lynda Smyth of LINK Business Brokers. To find out more go to linkbusiness.co.nz/BOP00547 or contact Lynda any time on