Pet shop

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Business Description

  • Operating for over 45 years
  • Located in a busy southern suburbs shopping centre
  • Constant turnover of $10,000 per week
  • Returning owners over $80,000 per annum
  • Perfect for a husband & wife
Simon Winter 0419 828 689

Extended Price Information

Goodwill $33,000
Plant & Equipment (approx written down value) $15,000
Stock at valuation (approx) $30,000
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$78,000

Financial Summary

Year
Sales Return to Owner Return on Owner's Investment
2011/2012 $484,986 $58,013 74.38%
n/a $525,058 $77,877 99.84%
2012/2013 $541,389 $71,248 91.34%
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The return to owner is a net return to one full time and one part time (10 hours per week) working owners after all expenses and wages but excluding the vendors’ wage.

Staff Summary

The business employs three part time staff

Lease Summary

Current Rent $6,000.19 per month + GST
Lease Term 5 years
Lease Commencement 17 June 2012
Right of Renewal Nil
Outgoings Payable by the tenant
Adjustments CPI annually + 2%
Bank Guarantee One month's rent

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Plant & Equipment

Original Cost of Plant $43,381
Written Down Value of Plant (approx.) $15,000
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