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- Categories: Food/Hospitality
Over 100% return on investment here best buy ever.
This essential service business has been established for over 35 years. Sales increased for July to Dec $423,006.00. Sales for the 2019 / 2020 Financial year came in at $735,885.05 with an Approximate Net to the owner of $139,033.63 The business is positioned in a Shopping Village with a good mix of retailers. The shop is open 5 and a half days per week.
The owner has run the business for 7 years with two long term qualified butchers and now would like to retire. This truly is a well-equipped shop over 75 m2, cool room, walk in freezer, smoke oven, and some equipment new in 2020.
A long lease is in place, with a rear loading shop with a very low rent of only $2,680.69 per month which includes outgoings & GST. There has been a lot of interest in businesses that have had no impact in their sales during COVID 19 this is one of these, going forwards will bring any new owner comfort in their investment.
The owner is happy to stay on for a while to help a new owner settle in and introduce them to their very loyal customers if need be.
Asking only $130,000 + Stock at value approximately $10,000 which includes all equipment.
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