Retail – Butcher

For Sale

·
Inner West

Business Code: W2001

$1,250,000
Key Features: Long established. - Great position in the shopping centre. - Good lease. - Very cheap rent.- Strong local customer base, - Busy shopping region -Excellent location for a Korean/Asian meat shop.-Regular customers
State: NSW
Suburb: Eastwood
Location: Situated in the Inner West in a busy restaurant and cafe strip and next to public car park.
Premises: These premises have an area of 190 sq. mts.

Too busy - Owner operating another 2 businesses.

Sale Reason

20 yrs

Established

3 car spaces at rear side of shop. very close to car park.

Parking

Under full management - 6 full timers + 4 part timers

Employees

7 days - Monday to Sunday: 8:00 am to 7:00 pm

Trading Hours

5 yrs. + 5 yrs option from 2024 - 3 months bond - Rent increases by 4% per year

Lease

Retail butcher selling a full range of premium quality beef and pork, meat cuts, fresh chickens, full-blood wagyu, top-quality Black Angus, Berkshire-crossed pork, Angus Beef shabu, beef intestines, chicken nuggets, beef ribs, pork belly special cut, pork mince, frozen pork belly for BBQ, marinated pork collar butt, premium Wagyu short rib meat for BBQ, ox tail, etc. Experienced team dedicated to providing personalised recommendations and expert advice to help customer select the perfect cuts for any occasion, with regular deliveries to retail outlets in this high growth region. -Fully fitted with quality refrigeration with modern long display cabinets and excellent facilities, rear preparation area.

Features

Long established. - Great position in the shopping centre. - Good lease. - Very cheap rent.- Strong local customer base, - Busy shopping region -Excellent location for a Korean/Asian meat shop.-Regular customers

Potential

Ideal for family business.- promotion to restaurants meats supply. - develop more regular deliveries to retail outlets - create website. Target social media. - Examine free range/organic options.

Comments

Average sales $4 million per year - Margin 40% of retail price. Fully under management. - Very stable business. Good reputation among the customers. - Motivated vendor, - staff not aware inspections only through your SBX broker.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$80000
Cost of Goods
$48000
Gross Profit
$32000
Rent
$2180
Wages
$13500
Insurance
$80
Electricity
$800
Misc 1
$600
Total Expenses
$18060
Net Profit
$13940
Price
$1,250,000
Price
$1,250,000

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