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Retail seafood outlet, 20 years trading

Photos: Platinum Business Sales

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At a glance

Business type
RETAIL

About the business

A retail seafood outlet providing fresh local seafood, in a local shopping centre south of Perth. It also sells a gourmet pie and pizza range. It has been established for over 20 years. It is currently a two-couple partnership, with the wives working limited hours per week. It trades 5 days per week, closed Sunday and Mondays, 9am to 5pm Tuesday to Friday and 9am to 4pm Saturday. The lease currently expires in 2029, with an extension available to the buyer. A 2020 Renault van is included in the sale. The reason given for the sale is that the sellers are looking to retire. The broker reports potential to trade 7 days per week and/or add cooked takeaway fish and chips.

Financing calculator

An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.

Seller finance
Some sellers take part of the price over time. Shown at 8% over 3 years.
Loan term
Usually up to 7 years; longer when secured on property.
Loan
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026

How the $370,000 is paid

  • Your cash $111,000
  • Loan $259,000

What borrowing costs

$328,144 repaid in all

  • Borrowed $259,000
  • Interest $69,144
AU-21769Estimate

Asking price$370,000

Paid by

Your cash$111,000

Secured loan, 7 years at 6.98%$259,000

Each month

Loan repayment$3,910

Repayments each month

$3,910

Over 7 years you repay $328,144, of which $69,144 is interest.

Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.

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