New England - North West, NSW

BR1287 - Butcher $395,000

OVERVIEW
This long established shopping centre butcher shop is located in the heart of Tamworth. A modern well laid out shop with excellent plant and equipment in place. Showing solid sales performance this shop should not be overlooked.

PRICE
Business: $425,000
Stock: Nil
Freehold available: No

TURNOVER
2017 Financial Year: $2,415,275
Average weekly sales: $46,448

PROFITABILITY
Adjusted net profit: $216,075

LEASE
Term: 1 x 5 years
Commenced: 24th November 2016
Options: Nil

RENT
Per annum: $123,286
Per month: $10,273
Per week: $2,370

SHOP TYPE
Retail:

LOCATION
Shopping centre:

HISTORY
Established: 1979 - 39 years
Years operated by current owner: 1984 – 34 years

STAFF
Apprentice: 2
Butcher – full time: 2
Cashier – part time: 5
Owner: 50 hours

DAYS OF TRADE
7 days:

TRIAL
Will the vendor Trial the business: No

SETTLEMENT
Terms: 90 - 120days
Vendor assistance: 2 weeks before settlement

REASON FOR SALE:
Changing direction: The vendor wants to spend more time on his farm

For a confidential discussion about this business please quote reference BR1287

CONTACT:
Steven Boyd of Boyd Ryan Business Sales & Consultants
Mobile: 0417 120 249
Email: steve@boydryan.com.au
WEB: www.boydryan.com.au
Skype: bizbrokersteve (between 9:00am – 5:00pm Mon to Fri)

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