LONG ESTABLISHED AND SUPERBLY LOCATED BUTCHERS IN BERKSHIRE
Price:
Leasehold - £125,000
Location:
Berkshire, High Street, Burnham
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 £190,000 with a net profit of £50,000 (see financial summary below).
- A business with great potential which has not been exploited because the owner has suffered from ill health and now wishes to retire.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for an experienced Butcher wanting to inherit a long established client base.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern provides a traditional retail and contract butchers service supplying very high quality, locally sourced meat and poultry.
History
Phoenix Business Transfer Agents are delighted to place onto the market this Long Established and Superbly Located Butchers in Berkshire which has been established for over 100 years. The business has been in the hands of the current owner since 2002 and he now wishes to sell due to retirement.
Services
This very good business opportunity provides a traditional retail and contract butchers service supplying very high quality, locally sourced meat and poultry.
Staffing
The concern employs 3 part time members 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 one other local butcher within the area.
Market
The client base consists of local residents, passing trade, contract business supplying local Hotels, Pubs and Restaurants.
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 later week day afternoons and later opening time on Saturdays.
• Increasing the contract business by targeting a wider radius of Hotels, Pubs and Restaurants.
• Introduce outside catering services such as pig roasts and barbeques.
• Becoming more efficient with staffing levels.
• 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 terraced and part of a parade of shops. The main customer service area is approximately 150 sq ft. The front is branded with an attractive glass front. The main customer service area is tiled it is very well presented and very conveniently laid out.
To the rear is store room and another room used for vacuum packing. There is a toilet and staff facilities.
External
To the rear there is a small courtyard that leads to a large out building which is used for cutting and preparing. It houses various free standing fridges and there is also a very large built-in walk-in fridge.
Equipment with sale
All fixtures, fittings and equipment are included in the sale price and are valued at £12,000.
Financial Details
The present annual turnover is £200,000 with a gross profit of 29.3% and a net profit of £50,000. The wages are £9,600 pa. The present value of the stock is £3,120.
The potential turnover of the business within the next 2 years is forecast to reach £280,000 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 the High Street corner of Burnham in Berkshire.
- Prominent location on main arterial road.
- Part of a parade of shops.
- Excellent free parking facilities on the high street and nearby.
- Industrial estates nearby.
- Surrounded by densely 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 A4 (Bath Road), A355 and A4094.
- Maidenhead, Farnham Royal, Beaconsfield, Windsor and Slough all lie close by.
- Area enjoying much growth and re generation.
- A lifestyle area.
- Excellent local demographics for this type of area.
The current lease arrangement is a rolling lease but the lease may be renewable or negotiable for a fixed term with the landlord if required. The rent is £9,600 pa. The rates are TBC.
Monday to Friday: 7.00 am - 4.30 pm.
Saturday: 7.00 am – 2.00 pm.
Sunday: Closed.
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