The business has been owned and operated by the present vendor for 16 years. This gourmet butcher has a host of equipment for manufacturing various gourmet foods. Very little wholesaling is done, but the spacious premises are set up with overhead runners etc to further expand the business.
The premises boast a walk in freezer and large cool room.
It is situated in a near northern well known shopping centre with main road frontage.
The vendor wishes to retire, hence the most reasonable asking price.
The lease has one year plus two plus four years left to run, but a new lease can be negotiated by the landlord.
The adjustment of the rent is made annually and the CPI method is used to determine it.
The current rental is $4,355 per month plus rates and taxes.
There is competition in the shopping centre. There is a Foodland supermarket, but the shop with its prominent display and personal service more than holds its own with other competition in the area. There is one proprietor who works in the business full time, plus five casual staff. The proprietor works 50 hours per week and draws a substantial wage.
Trading Hours
Monday, Tuesday, Wednesday, Friday, Saturday 8.30am to 6pm
Thursday 8.30 am to 9pm
Sunday 11am to 5pm
(Sunday trading is not compulsory under the lease obligations)
A form 2, plant and equipment schedule and work cover statement is available.
This is a quality business and further information will be provided on the sign of a confidentiality agreement.
The price is $125,000 plus $4,500 stock.
Please call now for up to date information.
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Presented by Ken Way
8363 4566