Northern Suburbs, NSW

BR1337 - Butcher $175,000

OVERVIEW
Located in the western Sydney suburb of Oatlands. This well presented shop is looking for a new owner as the vendor wants to retire after 40 years in the industry. This is a quality strip shop an inspection will impress.

PRICE
Business: $175,000
Stock: Nil
Freehold available: No

TURNOVER
2017 Financial Year: $830,926
Average weekly sales: $15,979

PROFITABILITY
Adjusted net profit: $135,179

LEASE
Term: 1 x 5 years
Options 2 x 5 years

RENT
Per annum: $47,231
Per month: $3,935
Per week: $908

SHOP TYPE
Retail: Yes

LOCATION
Strip shop: Yes

HISTORY
Established: Unknown
Years operated by current owner: 40 years

STAFF
To be advised
Owner: 40 hours

DAYS OF TRADE
5.5 days:

TRIAL
Will the vendor Trial the business: No

SETTLEMENT
Terms: 60 - 90 days
Vendor assistance: 2 weeks before settlement

REASON FOR SALE:
Retirement:

For a confidential discussion about this business please quote reference BR1337

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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