Iconic Mad Butcher store located in the heart of a thriving community - busy town centre location.
This franchised business has been operating for 20 years and the vendor has decided to hang up his boots and hand over the reigns to an enthusiastic buyer. The vendor plays the General Manager role and has a very experienced and long serving team of staff, from Store Manager to Senior Butcher and a great team of retail staff and meat packers.
With all of the support you would expect from a franchisor like the Mad Butcher, the business systems, processes, health & safety records etc. are all in place for a new owner to step in and to make their mark by focusing on driving the business. The Mad Butcher's collective buying power and marketing allows you, the franchisee, to tap into national advertising, as well as competitive wholesale pricing.
Sales of $4.69m for the last financial year, providing a generous surplus to a working owner of $214,593. The franchise agreement and lease are up for renewal in October 2018, so a great opportunity to work with these key stakeholders in securing the long-term future of the business in its current location. Rent & OPEX are currently less than 3% of turnover with staff costs at less than 15%, giving a solid platform to build upon.
If you would like to own a business that "connects" with people, and be part of the local community, then this could just be the ticket. Plant & equipment of $124,864 included in the price.
Price $380,000 + estimated stock value $70,000