Extended Price Information
| Goodwill |
$663,000 |
| Plant & Equipment |
$30,000 |
| Stock at valuation (approx) |
$2,000 |
|
$695,000 |
Financial Summary
| Year |
Sales |
Return to Owner |
Return on Owner's Investment |
|
2012/2013
|
$488,661
|
$222,220
|
29.62%
|
|
2013/2014
|
$479,310
|
$202,196
|
26.96%
|
|
2014/2015
|
(11 months) $502,646
|
$219,754
|
31.62%
|
The return to owner is a net return to two working owners after all expenses and wages but excluding the vendors’ wage.
Staff Summary
Two vendors and four casual staff comprising groundsman and cleaners.
Lease Summary
| Current Rent |
$6,500 per month + GST |
| Lease Term |
5 years |
| Lease Commencement |
6th December 2004 |
| Lease Expiration |
5th December 2024 |
| Right of Renewal |
3 x 5 years |
| Outgoings |
Paid by tenant |
| Adjustments |
CPI Annually & to the market at the end of term |
