This very well-presented business has been trading for over 100 years.
The business can run under management and has consistent sales of $25,000 to $30,000 per week.
The shop presents very well and has two coolrooms included. The store had a major refit in the last few years with all floor & internal walls being replaced new, all equipment is in excellent condition.
The current term runs until Aug 2023 with a 4 year option with very low rent $3,541.50 + outs & GST per month for this huge shop.
The staff are in place and very happy in their positions and wanting to stay on.
Sales for July to Dec 2020 6 months at $745,358.00 with a net profit to owner of $160,849.00 for 6 months. Sales for 2019 / 2020 running for 9 months under management $1,136,352.20
Net profit on TAX figures 2019 / 2020 $185,234.88
This business is for sale for less than what it makes at $280,000 +SAV.
Full Information Memorandum available which includes all tax figures and video tour of the shop, click here to complete the confidentiality agreement.