FREEHOLD BUTCHERS WITH EXTENSIVE ACCOMMODATION IN SOUTH WALES PRICE REDUCED
Price:
Freehold - £299,999
Location:
Wales, Hengoed, Mid Glamorgan
Business Type:
Retail businesses
Business Details
The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £150,000 with a net profit of £19,500 (see financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for an experienced butcher.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern provides a high quality butchers with a great reputation for homemade sausages and black pudding.
History
Phoenix Business Transfer Agents are delighted to place onto the market this Freehold Butchers in South Wales which has been established since the early 1900’s. The business has been in the hands of the current owner since 1979 and he now wishes to sell due to retirement.
Services
This very good business opportunity provides a high quality butchers with a great reputation for homemade sausages and black pudding.
Staffing
The concern employs one part-time member of staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
No marketing or promoting of the business has recently been undertaken as the business is well known.
Competition
There is very little local competition.
Market
The client base consists of local residents and high levels of passing trade.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings including local and internet advertising.
• Increasing the opening hours to include Sunday trading.
• Increasing the services to include deliveries.
• With the introduction of a website and e-commerce.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property Details
The property is a spacious 4 double bedroom detached house. The customer facing area of the shop is approximately 19 ft x 15 ft. The front is branded with an attractive glass front. The main customer service area is tiled with shelving and racking to the walls. It is very well presented and is very conveniently laid out. The customer service point is to the right.
To the rear is a large store room, immaculate cutting and preparation area with two large walk-in freezers. There is a toilet, staff facilities and a fully equipped kitchen.
First Floor
On the first floor there is the shop, storeroom, preparation and cutting area with a flight of stairs which leads to a large double cellar. The living accommodation consists of a spacious living room, separate dining room and a fully equipped kitchen.
Second Floor
On the second floor there are 4 very large double bedrooms and a good sized bathroom.
External
To the front there is a free parking area.
To the rear is a large and very well kept garden.
Equipment with sale
All fixtures, fittings and equipment are included in the sale price and are valued at £25,000.
Financial Details
The present annual turnover is £156,000 with a gross profit of £43,680 and a net profit of £19,500. The wages are £85.00 pw. The present value of the stock is £2,500.
The potential turnover of the business within the next 2 years is forecast to reach £225,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller.
- Situated in the Hengoed area of Mid Glamorgan in South Wales.
- Prominent location on main arterial road.
- Excellent free parking facilities.
- Industrial estates nearby.
- Surrounded by a well populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- A commercially thriving area.
- Well linked with the A472 and A469.
- Cardiff, Pontypool, Caerphilly and Newport all lie close by.
- Area enjoying much growth and regeneration.
- A lifestyle area.
- Excellent local demographics for this type of area.
Tuesday to Friday: 8.30 am – 5.00 pm.
Saturday: 8.30 am – 1.00 pm.
Sunday: Closed.
First Floor
On the first floor there is the shop, storeroom, preparation and cutting area with a flight of stairs which leads to a large double cellar. The living accommodation consists of a spacious living room, separate dining room and a fully equipped kitchen.
Second Floor
On the second floor there are 4 very large double bedrooms and a good sized bathroom.
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