Quality Butcher - South West Sydney

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

This Quality Butcher is an essential service business that has been established for over 45 years.


Sales in the past 7 months to February 2022, on the books, of this cash business was $1,102,975.00

Sales for the 2020 /2021 Financial year came in at $1,442,585.84 with an Approximate Net to the owner of $263,000.00
Sales for the 2019 / 2020 Financial year came in at $1,185,918.65 with an Approximate Net to the owner of $256,237.00


The business is positioned in a street front location directly adjacent to the pedestrian traffic lights that's located centrally in a bustling shopping strip with a good mix of retailers. The shop is open 5 and a half days per week.
The owner has run the business for 5 years after purchasing the business from the original owner who established the business over 40 years.

This truly is a well-equipped shop over 75 m2, fantastic street presence and shop front, custom display cabinets, cool room, walk in freezer, meat rail system with scales, band saw, mincers, sausage makers, briner, and plenty of bench space.
A long lease is in place, with a rear loading shop with a very low rent of only $4,400.00 per month which includes outgoings & GST.
There has been a lot of interest in businesses that have had no impact on their sales during COVID 19 this is one of these, going forwards will bring any new owner comfort in their investment.

The owner is happy to stay on for a while to help a new owner settle in and introduce them to their very loyal customers while being supported by an excellent team
This is a very good opportunity for a butcher to invest in their future.

The Owner will look at all offers seriously.

For a full Information Memorandum, use this link to complete the confidentiality agreement - https://forms.gle/icgCdY5muPqhVBKz6
Know someone that could be interested in this?
Asking Price:
$349,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2567

Locality

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Established on

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Advertiser Details
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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