The business is a Proprietor Operated leasehold butchery in the high-growth area between Brisbane and the Sunshine Coast. It provides a broad range of meats and other associated items.
A key feature of the business is its cooked food items which makes it unique in butcher shops.
It has three (3) butchers plus the Proprietor and casual employees. Its sales income in 2022 was over $2 million.
Financial Performance Summary
Income: 2022 – $2,100,000
Rent: $80,000 + GST
Proprietor’s Profit: About $280,000
Trading Hours: Monday to Friday
Employees: Presently 5 employees, not including the Proprietor. 3 butchers engaged on a full-time basis, 2 casuals
Skills: Business Management and retailing food skills are preferable.
Lease: The lease is up in March 2024 and will not be renewed.
Potential: The business is central to the high growth in the Region is over 2% annually and some suburbs well above this. Opportunities to grow with the population increase.
About the Business: The business has traded in its present location since 2013. Over that period, it has steadily increased its income to over $2,000,000 in 2021 and continued into 2022.
It adopted a customer-first strategy during Covid and built up its customer base substantially as a result. Its income from both retail fresh meats and cooked food items makes it unique in shopping centres The Proprietor started the business and was primarily the driving force behind the project and wants to move on to other projects.