Mornington Peninsula, VIC

BR1327 - Butcher $260,000

OVERVIEW
This lifestyle business is located in Balnarring on the Mornington Peninsular in Victoria. This is a well presented shop with quality plant and equipment. Showing excellent returns under the current owners this is a quality shop and well suited to an owner operator who is looking for a solid business.

PRICE
Business: $260,000
Stock: NIL
Freehold available: No

TURNOVER
2018 Financial Year: $994,245
Average weekly sales: $19,120

PROFITABILITY
Adjusted net profit: $198,372

LEASE
Term: 1 x 3 years
Commenced: 1st October 2011
Options 2 x 3 years

RENT
Per annum: $27,224
Per month: $2,268
Per week: $523

SHOP TYPE
Retail: Yes
Smallgoods: Yes

LOCATION
Shopping Complex: Yes

HISTORY
Established: 30 + years
Years operated by current owner: 2005 – 13 years

STAFF
Cashier – part time: 1
Owner 1: 60 hours - Owner 2: 55 hours

DAYS OF TRADE
5.5 days:

TRIAL
Will the vendor Trial the business: No

SETTLEMENT
Terms: 60 days
Vendor assistance: 2 weeks before settlement

REASON FOR SALE:
Relocation:

For a confidential discussion about this business please quote reference BR1327

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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