Established Eastern Suburbs retail butcher in large busy centre.
A well established retail butcher situated in a busy food court close to Coles, which is the 2nd largest in NSW and located in one of the largest centres in Sydney's Eastern Suburbs, is being sold due to the owner relocating inter-state.
Average weekly revenue $33,000 and net profit between $3/4000 per week guarantees a R.O.I. within 12 months.The lease has 3.5 years to go and there would be no reason why the center management would not renew a further 5 year lease.
The fit-out, plant, equipment and fittings are in excellent condition with cool-room and a fully displayed ageing-room in front of house. As they specialise in Dry Aged Beef for clients and is constantly used by customers for ageing their meat.
They have a regular over the counter customer base. Further potential is to include delicatessen lines and next door to the centre the Meriton Complex is yet to finish construction of another 3500 apartments.
Contact Tony Mathers 0405252629 for inspection appointment