$500,000 + SAV

Established 15 years, Over $1.6M Annual Sales, Profitable & Popular Butcher Located In Residential Suburb of Brisbane South

Short Summary

Successful butcher provides quality and popular cuts of meats to a loyal, dependable, and affluent clientele in a residential suburb South of Brisbane

Key Selling Points

  • Cashflow Positive
  • Cash Cow!
  • Long term Management and Staff in place
  • Strong year to year Sales
  • Strong year to year Growth
  • Strong year to year Profits
  • Low Rent
  • Long Term Lease in place
  • No Direct Competition
  • 80% Repeat Work
  • Best Location
  • High foot traffic location
  • High visibility location

This business has been operating since 2001 and the current owners have intention to retire after enjoying years of remunerative returns from this successful venture.

Although the owners attend to the shop daily when they are in town, there is an experienced and long-serving team (butchers & customer services) in place to facilitate this business to be transformed into an “Under Management” business.

It is situated in a very well-positioned spot of the local Shopping Centre which provides a great collection of shops to the local community. The butchery is nested at the front of the Shopping Centre with high visibility and foot traffic.

This Business proudly serves a full range of grass fed and free-range meats with an extensive range of value-added products along with all popular cuts of meat, as well as ham, bacon & a full range of chicken serving to a loyal, dependable, & affluent clientele in one of the Brisbane’s most popular suburbs for over 15 years. This business is loved by the locals who are repeated patrons helping the business to earn a stellar reputation in the nearby communities.

The outstanding full range of fresh, prime quality products & exceptional service make this successful butchery business a favourite choice for the locals & customers from other suburbs.

Weekly sales ranged from $28K to $50K with an averaged of around $35K or more with fiscal sales turnover in excess of $1,600,000.

Very reasonable rent of $2,500/week (inclusive of O/G, GST & electricity) with a lease till 2028. After paying the rent, wages and the cost of goods weekly netting will be around $5K. Adding the owners’ wages, the annual netting of this business is approximately over $350K pa.

Owners incline to retire and committed to offer post settlement education and an easy “handover” to the new owner. This business is perfect for any motivated business person who strives to get best return on investment and inspired to scale up this business by expanding more services (such as wholesale) or for any business Visa 188a applicant who is required to acquire a profitable local business to satisfy the visa application requirement.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $500,000 + SAV

Ref. no. BUY2508

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.

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    Property Features
    Henry Chow
    0421 040 857
    Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!
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