Profitable Family-Owned Butchery - Central Coast NSW

Business ID: XB155877

Established for over 35 years, this family butchery has been operated by Father and Son since it opened in 1988. Located on a busy main road position on a corner block with off-street parking, the premises are very visible to the 38,000 vehicles that pass by the building each day.

The premises have the capacity to ‘bone’ up to 500 sheep per day which can be stored in the large onsite chiller or blast-frozen as required.

   -  Main road position with prominent signage

   -  70% Wholesale, 30% Retail

   -  Wholesale to hotels, hospitals, pubs, clubs, restaurants

   -  Website with online shopping cart

   -  Long-established relationships with key producers

   -  Highest quality Pork and Lamb from Cowra abattoirs

   -  Beef, poultry & smallgoods sourced daily from Sydney

   -  Opportunity for significant improvement in COG’s

   -  Approx $100K of P&E including 2 x delivery vans

   -  2 Full-time butchers on staff plus 1 owner

One owner will remain working with the buyer for a period of up to 6 months if required. The first 2 weeks of the agreed handover period will be provided at no additional cost to the buyer, a suitable salary can be negotiated for any period beyond this.

A suitable non-compete clause will be included in the contract of sale.

This business has produced an excellent income for father and son for a long time. The Father effectively retired 20 years ago and his involvement over this time has simply been to do the daily accounting (5 minutes per day). The son works in the business on a full-time basis, assisting with butchery tasks, delivering and maintaining relationships with wholesale clients, as well as ordering stock as required.

An astute buyer will see the opportunities for further expansion, profit increase and the excellent value for money the business offers. The business could be purchased by a non-butcher who may prefer to focus some of his/her time on business development work (currently not undertaken).

Asking Price: The Goodwill and Assets of the business are for sale for $220,000. Stock will be charged separately and SOH is usually valued at $20-35K.

Property Code: 3623