An established butcher shop operating since 2021. With strong weekly takings, modern equipment and a prime location in a growing suburb, this business offers significant potential.
*Average takings of $20,000
*Includes $180,000 worth of modern plant and equipment
*Spacious 100 sqm premises
*Weekly rent of $1,313.90
*Situated in a fast-growing suburb
*Rear access to the car park
Alam El Basha and the team at LINK Melbourne are thrilled to present a well-established butcher shop in the City of Whittlesea to the market.
This established butcher shop has been operating since 2021. The owners are selling due to retirement, offering a profitable and well-managed business for a new owner.
The business has an average gross takings of $20,000 and a net business profit of $3,000. The profit margin is 70% and the cost of goods sold is 30%. It is currently run by a husband-and-wife team.
The lease terms are favourable, with a 5 x 5 x 5 years lease starting in February 2021. The weekly rent is $1,313.90 and the annual outgoings are $10,000.
The shop is 100 sqm and features a well-maintained fitout with modern equipment valued at $80,000. The equipment includes a large meat smoker, a cryovac machine, display fridges, a mincer, a sausage maker and a Hyundai 1-tonne van. All equipment is in excellent condition and ready for use.
The shop is on a main road in a busy, growing suburb, ensuring high visibility and foot traffic. It also has rear access to a car park with ample free parking for staff and customers.
Operating six days a week, the business hours are 9:00 am to 6:00 pm, Monday to Friday and 9:30 am to 4:00 pm on Saturdays. The shop is closed on Sundays, allowing for increased trade if opened.
Potential growth areas include expanding into wholesale deliveries to local businesses and institutions, which have shown interest and offering delivery services to residents.
Listing ID: ME02932
Broker: Alam El Basha
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
Ref: ME02932
Timestamp: 20240806060002
