Ad ID: 120527

Artisan Butchery Business for Sale Newcastle NSW

UNDER CONTRACT - Thriving Diversified Artisan Butchery In Newcastle Sales Of $1,643,459 In FY2023


Why buy this Artisan Butchery Business

Artisan Butchery Business for Sale Newcastle NSW Asking: $550,000

This Artisan Butchery provides fresh local produce across the Newcastle region and represents a once in a generation opportunity. It has been Established 34 years and has traded from it's current location for over 13 years.

Profit Under Management $300,000+

This is not a typical retail outlet in a shopping precinct but a stand alone warehouse style operation situated in a fantastic inner city location amongst high end residential demographics. The business provides ethically sourced fresh local meat, small goods, sausages, seafood, and Gourmet Take Home Meals and enjoys high margins as there is no wholesale division. The spacious tenancy would easily accommodate the addition of ancillary products should that be required.

Accountants' reports show consistent annual sales of between $1.6mill and $1.8mill with average earnings under management in excess of $300,000 p.a. (a working owner would earn more again)

It is secured by a strong lease, the rent is reasonable and there is an opportunity to sub-let some upstairs office space if so desired. One of the highlights of this business is its excellent staffing structure including a manager, chef and qualified tradespeople.

There are opportunities to further improve the business and it is envisaged that an enthusiastic new owner will be keen to discuss these as yet unimplemented strategies with the current ownership. There is a growing trend and increased demand for local, fresh, ethical community engaged offerings which cannot be matched by the retail chains this is a one off opportunity to make it yours.

The owners would like to retire and envisage a timely transition with full training for the incoming buyer.
For more info
Contact: Dru Morgan

Dru Morgan

Business Brokers Network Australia
Broker Ref: 21237

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