Business EBITDA calculated after paying the owners wage of $211,255 came in at $1,862,551 for the 24FY. Manager in place for 20 years who would like to retain his position.
Last week the owner spent one day in the business and net over $50,000 plus $8,000 in rent the business pays in 5.5 days.
This Very Profitable Business & Freehold Property is regarded as the jewel in the crown of its industry.
It is available to purchase for the first time from its founding Owner before his retirement.
Make no mistake assets of this quality rarely become available on the open market to purchase. The fully documented business system employed is unique and sets the business apart from any other Retailer.
The business equipment is state-of-the-art and nothing short of impressive. It took decades to fine-tune and streamline, with the focus on reducing staff numbers without compromising volume and quality.
Established in 2009, the business operates from an immaculate 1,016 m2 custom-built facility on a 3,046 m2 standalone site positioned in the most desirable suburb with great access for customers visiting the business.
To state a recent "one-week performance" ending on the 25th of January 2025 we see retail sales in the shop came in at $340,470.00 wholesale deliveries to three long-term customers that week were $8,425.00 Total Sales for 5.5 day week $348,895
The customer count for the week was 3400 people with an average dollar sale of $80 to $100
All plant equipment & vehicles present immaculately, are unencumbered and included in the sale at a fair market value of $1,360,650.
Factory fit-out would impress the most fastidious purchaser it's the best I have seen in the last 25 years. The replacement cost of land & building would be twice what you could secure a purchase for.
The Freehold Property / Shop & Factory is for sale Net rental income of after all expenses $416,000 p.a.
Current Lease term to 30th September 2029 plus 2 x 5-year option periods.
Closed on Sundays and all public holidays, including Christmas.
Total Sales for the 2025 FY are expected to increase to over $14 million.
Enquire and secure your future today, a fully detailed information memorandum with interviews and a facility video tour will be available to qualified buyers.
Business & Property for sale via expressions don't delay this blue-chip business will be SOLD.
Asking Price: All reasonable offers on Business & Property considered.
Copy and paste the link to express your interest - https://form-morgan-business.web.app/form/OVq7K1nSbO6Ay1mtGwwK
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