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BR1304 - Butcher $375,000 + Stock

$375,000

Outback Queensland Region, Queensland

BR1304 - Butcher $375,000 + Stock

OVERVIEW
Located in Moranbah a rural mining town approximately 150km's southwest of Mackay in Queensland. This large workable shop has a good reputation within the local community. Offering a mix of retail and wholesale and showing an impressive turnover and excellent profits.

PRICE
Business: $375,000
Stock: $50,000
Freehold available: No

TURNOVER
2017 Financial Year: $2,350,219
Average weekly sales: $45,196

PROFITABILITY
Adjusted net profit: $245,525

LEASE
Term: 1 x 5 years
Commenced: March 2017
Options 1 x 5 years

RENT
Per annum: $85,800
Per month: $7,150
Per week: $1,650

SHOP TYPE
Retail: Yes
Wholesale: Yes
Smallgoods: no

LOCATION
Strip shop: Yes

HISTORY
Established: 2008 10 years
Years operated by current owner: March 2014 4 years

STAFF
Apprentice: 1
Butcher full time: 2
Cashier full time: 1
Cashier part time: 2
Cleaner part time: 1
Admin part time: 1
Owner: 46 hours

DAYS OF TRADE
5.5 days:

TRIAL
Will the vendor Trial the business: No

SETTLEMENT
Terms: 90 days
Vendor assistance: 2 weeks before settlement

REASON FOR SALE:
Changing direction:

For a confidential discussion about this business please quote reference BR1304

CONTACT:
Steven Boyd of Boyd Ryan Business Sales & Consultants
Mobile: 0417 120 249
Email: steve@boydryan.com.au
WEB: www.boydryan.com.au
Skype: bizbrokersteve (between 9:00am 5:00pm Mon to Fri)

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Last updated: 10th October 2018

Summary

Property Type
Business
Contract Type
For Sale
Location
 Outback Queensland
State
 Queensland
Price
$375,000
Category
  • Butcher
  • Food/Beverage
  • Retailer

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Boyd Ryan