- About this property
- Explore Pyrmont
Exciting Opportunity to Acquire a Business & Shareholding at the Sydney Fish MarketsProperty ID 1559359Following 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".
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.
- 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.
About 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.
Sydney Fish Markets Video
Sydney Fish Markets Website
NSW State Government Announcement
Expressions of Interest above $2.95m
Disclaimer: Source information provided by The Sydney Fish Market and NSW Government Policy Statements. Ray White or its agents accept no liability for the accuracy of the information. Purchasers are required to perform their own due diligence.. Full details of the offer are available via due diligence after signed confidentiality agreement.