Large Independent Pet Store - BAYSIDE $550k + SAV
Under Contract / Offer
- ID Ref BR1338
- Suburb Chelsea
- State VIC
- Status Under Offer
Business Description**PET RETAIL, GROOMING & CAT BOARDING**
Well established, large, independent Pet business for sale in Melbourne's pet-loving bayside.
- Established 6 years
- Turnover $30K+ per week (ex GST)
- Independent, not part of a chain or franchise group.
- Main Road location, high exposure
- Asking Price: $550K + Stock ($250K)
- Council Permits in place
- Excellent lease and rental
- Loyal customers and staff.
- Commenced March 2016 for a seven (7) year term
- One (1) further term of seven (7) years
- Current Base rent $10,816 per month
- Annual increases of 4%, market review at the end of each term
- Floor area: approx 729 sq/m
- High profile location in a popular bayside suburb.
- Limited competition. No large chain/franchise businesses in the vicinity.
- Multiple income streams; retail, grooming and cattery.
- Huge 729 sq/m premises
- Secure lease, excellent lease terms and costs
- Ready to go, no planning or construction headaches.
- Perfect for a first time buyer or experienced operator looking to expand. No additional expenditure required
This is the perfect opportunity to start or expand your pet business into Melbourne's bayside.. The owner has worked hard to create an excellent brand in a great location with very little competition.
Contact Lisa Horne of Boyd Ryan Business Sales & Consultants on 0422 860 790 for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Please quote reference BR1338
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