||Employees||2 full, 1 part
* Included in Asking Price
Traditional Retail & Catering Family Butchers with 100 year trading history
Location : Cambridgeshire, East Anglia
Asking price: £420,000 plus Freehold available at £250,000
Asking price includes:
Turnover circa £889,399 per annum
Gross Profit circa £236,347
Net Profit £125,136
Regular catering account customers
Repeat retail trade
Superb 100 year trading history
Huge growth potential
This is an excellent opportunity to purchase an independent family retail and catering butcher. Trade is split 35% retail, 65% catering.
Well established with a 100 year trading history the vendor bought the business back in 2002 and specialises in the supply of all meat and poultry products. The produce is prepared for retail and catering, prepared to the catering clients own requirements, fresh or frozen, vacuum packed, labelled on a daily basis, ensuring freshness and excellent quality. This has placed the business firmly in the local market and enhanced its enviable reputation amongst the general public customers and its many accounts that include restaurants, schools, hotels and pubs.
The business operates from very well suited, freehold, retail premises that includes residential accommodation. With a predominately retail customer base the business has some important trade customers – it provides a full catering service to restaurants, hotels, schools, restaurants and pubs. The range of produce is prepared by experienced and skilled butchers using the traditional hands-on methods of hanging, butchering and preparing meat.
As would be expected of a traditional butcher with all of the necessary skills available in house, products are cut and prepared exactly to each and every customer’s specific requirements. Not surprisingly this business is a firm favourite with its loyal customer base, drawing customers from several miles around. The business is profitable and has grown consistently over the years.
There is a small team of highly experienced staff who maintain a friendly and helpful service to their customers as would be expected from their local butchers.
The freehold houses the retail and residential accommodation conservatively valued at £245,000.
|Facilities:||The business occupies end of terrace freehold premises that have a fully equipped shop and 3-bed living accommodation.
The shop is compact and well equipped with all the necessary equipment, preparation areas and counters required. There is a small back room which is well fitted with quality equipment. There is a walk in fridge and a walk in freezer in the attached garage plus one other walk in freezer in the back of the shop. There are two good electronic scales systems that also via a laptop produces weights, notes and invoices and cost £7,500 to put in. Other top equipment includes a slow steamer for hams, sausage making machine and burger making machine.
The residential property has independent access and comprises 3 double bedrooms, a lounge/diner, kitchen, landing and bathroom. All in good repair.
There is an attached garage and parking.
The freehold has recently been valued at £250,000 and is available by separate negotiation.|
|Competition:||Very little advertising has been done, traded very much on reputation and loyalty, so the business could be promoted to increase business.
Well established the business benefits from high levels of customer awareness resulting from its many years of operation, and has little need of any advertising.
There is no company website and investment in this area could prompt additional business with customers being able to place on-line orders.|
|Growth Potential:||The owner believes the company can grow steadily by concentrating on the catering side of the business, particularly with the addition of on-line ordering. Up to now the company has gained all of its accounts by word of mouth recommendation and there is a definite opportunity to grow the business by means of a targeted sales drive to catering establishments in the local area.|
|Training/Support:||The owners are happy to provide full business familiarisation and handover to ensure a smooth transfer of ownership and are prepared to help for a period of time to introduce the new owner to all of the key accounts.|
|Sale Reason:||Genuine retirement sale from this family business.|
Seller Reference #AF168
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