Location:
Brisbane City 4000 > Brisbane - Greater > Queensland
Investment level:
$120,000 + SAV
Type:
Business
Industry:
Retail > Convenience, Grocery & Liquor stores > Shopping centre
This sole butchery business nested within the most beloved fruit/veggie store in a buoyant shopping centre serving the locals as the unique butcher
$65,000 pa
This butcher shop presents extremely well with an expensive & recent fit out nested inside the most popular and unique Fruit/Veggie shop of a high foot traffic shopping centre in a prominent suburb of Eastern Brisbane.
The business has been established for long time and the present owner took over the business in 2021 which includes the Fruit/Veggie & Butchery sections.
The size of the shop is 240M and 1/3 of the space is for the butchery business. The lease is long term till 2028 and the rent is reasonably at $3,000 per week (inclusive) for the whole floor.
The present owner does not involve in the butcher business as it is managed by a full time Manager, one full time apprentice and one causal butcher (20 hours). The Manager who has a butcher license does all the ordering, administration, butchering, training and staffing etc. whilst the owner just "hand-off" the butchery business and only engage in the Fruit/Veggie business.
The owner has decided to either sell or rent out the butchery business which is having weekly income of averaged $13,000. The buyer can rent the business by paying 1/3 of the rent plus business rental fee of $3,000 per month.
This business presents a very low-entry barrier for anyone who wishes to start its own business or anyone who wishes to enjoy a passive income with an option to buy the business if things are moving to the right direction. There are plenty of rooms for expansion such as strengthening of product lines driven by an aggressive marketing campaign.
This is an unique opportunity for passive income hunter as well as the 188A Visa applicants who look for a valid business for their PR application.
Rental: $3,000 per week (entire space), and $3,000 per month business rental.
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