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Listing Id: 34772 Last Refreshed: 27/12/2024 Total Views: 143

Established Pet Care Business In Carlton North – Highly Profitable & Under Management

Melbourne City, MelbournePet Shops
Asking Price: $100K - 200K
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental $2,000
  • Rental Desposit N/A
  • Revenue $20K - 50K
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Investor
  • Staff 4
  • Established 1999
  • Source Broker

Reason For Sale

Too many stores

Description

This pet care business offers a fantastic opportunity for an investor or owner-operator to take over a well-established and highly profitable operation in Carlton North. With weekly takings of $5,000, this business is running smoothly under full management, requiring minimal input from the owner.

The business is staffed by a dedicated team of 4 casual employees, with weekly staff wages totalling $1,530. Operating Tuesday through Saturday from 8 am to 5 pm, this business benefits from a manageable trading schedule and offers significant potential for growth.

The lease, which commenced on January 1, 2022, provides a favorable arrangement with rent set at $500 per week, inclusive of outgoings and electricity—there is no GST payable. The business holds lease options for the next 3 years.

The estimated stock value is between $60,000 and $90,000, with an additional $30,000 worth of equipment included in the sale. With two years of ownership and over 25 years of establishment, this business presents a unique opportunity for those looking to step into a proven and successful operation. The reason for sale is due to the owner's involvement in too many stores, making this business available for a new owner to take it to the next level.

For further information or to arrange a viewing, contact Chris Panagiotidis & Elle Likopoulos at Absolute Business Brokers on 0433 582 533
or email elle@absolutebb.com.au.

Ref: B14826

Property Information

Rent
Premise Status
3x3 commenced 1 January 2022
Lease Term
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