North Shore Butchers - Prime Location

North Shore City

$275,000

Proposed Usage
Retail
Description:
Property ID
1c46l4c

With an average weekly turnover in excess of $60,000 + GST, and Rent and OPEX currently costing around 5% of turnover, there is a great amount of money to be made from this business.

With a comprehensive array of staff, from retail to butchers, the business is looking for a new owner who can drive sales and profitability. Having said this it has consistently provided an EBPITD of around $200,000 to a working owner.

This is a great opportunity to buy a long established butchery business located on a very busy road, with easy access and parking at the front. The business has established itself as one of the busiest butchers on the North Shore by offering good quality meat at affordable prices.

The property is almost 300m2 of prime retail, butchery/storage, and comes with all of the refrigeration, freezers, slicers, and labeling machines etc. that you would need to run a successful butchery business.

The depreciated value of the fixed assets is $100,000, Intangible Assets of $175,000 and stock is approximately $50,000, making this business great value for money.

Due to a change in the vendor's circumstances, they are looking to move on and provide someone else the opportunity to reap the rewards of this high profile business. Vendor and Manager will provide a comprehensive handover, as required. Make contact today to avoid disappointment.

Daren Leng - 021 027 86045.

Price $275,000 + estimated stock value $50,000

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