North, VIC

BR1319 - BUTCHER $190,000

OVERVIEW
Situated in the north eastern Melbourne suburb of Eltham in a small but well patronised shopping centre. Being located at the entrance of a Coles supermarket this is a well presented and modern shop with good plant and equipment and excellent exposure.

PRICE
Business: $190,000
Stock: Nil
Freehold available: No

TURNOVER
2018 Financial Year: $780, 674 (till March 2018)
Average weekly sales: $20,017

PROFITABILITY
Adjusted net profit: $164,130

LEASE
Term: 1 x 7 years
Commenced: 1st May 2017
Options: Nil

RENT
Base Rent Per annum: $72,800
Per month: $6,066
Per week: $1,400

SHOP TYPE
Retail:

LOCATION
Shopping centre:

HISTORY
Established: 20+ years
Years operated by current owner: June 2017

STAFF
Apprentice: 1
Butcher – full time: 2
Butcher – part time: 1
Cashier – part time: 1
Owner: 5 – 10 hours per week on admin

DAYS OF TRADE
7 days:

TRIAL
Will the vendor Trial the business: Yes
Trial term: 1 Week
Trial Amount: $ 19,500 peak, $17,500 off peak

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

REASON FOR SALE:
Changing direction:

For a confidential discussion about this business please quote reference BR1319

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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