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Cash Generator, Recession Proof

Business for Sale
Butchery
Kalgoorle WA

This iconic butchery ticks all the boxes! * Over 80 years of history * Consistent profit over $600,000 pa * Under Management * Retail and wholesale trade * Repeat and loyal customers Opportunity!

Price POA

Cash Generator, Recession Proof

Stock Included: Yes
Stock Value:
Years Est: 80
Gross Revenue:

About The Business

This business services a key city and region in WA. With a long history and pedigree in the area dating back to the 1930s, the owners of this thriving business have reluctantly decided to sell due to health reasons which did adversely impact sales and profitability in FY2017 and FY2018. A Manager was appointed in December 2017 and the business is now run fully under management.

This is a quality under management business with significant barriers to entry.

Some of the key attributes of this business include:

• Solid revenue and profit history
• Under management
• Market leading business in the region it services
• Services both retail (60%) and wholesale (40%) markets
• Large client base with a database of some 4,000 contacts
• Custom designed premises in a great location
• People, systems and documented processes in place
• Operates in a market which could be considered recession proof
• Secure and quality suppliers
• Significant opportunity to continue to grow the business!

This business may well suit an existing butcher, retail outlet that sells meat or a meat processing wholesaler who wants to expand and secure the incremental sales and profit that this business could deliver immediately.

Alternatively, this business may suit an investor looking for a well established and profitable business to invest in.

Note that the management and the owners have identified cost savings of over $100,000 that will start being realized from January 2020.

This action is expected to increase profit to well over $700,000 from 2020 on an under management basis.

At an asking price of $1.5 million and profit in excess of $700,000 this will present a great return and opportunity for a new owner.

Years Established

This is a long established icon having started in the 1930's!

Lease

Secure lease in place

About The Area

Bustling regional center

Financials

Consistent profit of over $600,000 under management

Equipment

Well set up

Training

Yes training will be provided

About The Business

Reason For Sale

Owners have health difficulties and need to retire


Potential

Potential to expand the wholesale trade significantly plus potential to open more outlets

Comments

VENDOR WILL OFFER SOME VENDOR FINANCE

Contact Seller

Logo

Visit Website

Contact: Mike Harrold
Phone: 0428489114
Mobile: 0428489114
Bsale ID: 222090
Agent ID: MH2105E




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