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Butcher of prime meats for the Catering Sector

Price:
Leasehold - £150,000
Turnover:
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Seller Ref:
EQ001
Location:

London, East London

Business Type:

Food Service Businesses, Retail businesses

See Other:
Catering companies for sale in London
Butcher shops for sale in London
Food service businesses for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
This business has its roots going back decades. After successfully joining his fathers’ butchery firm from apprenticeship in the 1970’s, the vendor decided to branch out and run his own business in 1984. Taking over the operations of this business, which was originally owned and operated by a different proprietor since 1973, the vendor quickly established an excellent reputation for the supply of pre-packed, top-quality, prime-cut meats to the professional catering sector. With a focus on flexible, on-time next day delivery, the direction the business took, immediately appealed to smaller independent private Restaurants, Hotels, and Private Clubs, with a particular focus on the higher end of the market. There are a number of corporate clients also, such as a well known retailer of home furnishings, whose staff catering operations utilise the businesses produce. Over the years, due to the movement of professionals in the industry, who always use the company as their first option for quality meat supply, the business has grown an extensive list of clients across the M25 and surrounding area.

The business has an EEC stamp number for the supply of meat, and is inspected bi-monthly to assure all guidelines are met. The business prides itself on the quality of the facilities, and the professional approach to all they do. Meat is bought in from around 6 or 7 EEC Licensed Abattoirs, and from regular visits to Smithfield market. The business has excellent relationships with their suppliers allowing them to obtain the best products at competitive prices. The meat is butchered into prime-cuts that the menu’s of high end restaurants and the chefs dictate, pre-pack on-site and store for delivery. Orders are processed daily for next day or weekly delivery dependent on the customer’s requirements. This next-day delivery service appeals to clients, allowing them to offer fresh meat to their customers daily without wastage.
Location Details:
The premises are leasehold with a 1 year break due at the end of 2011, on a fully renewable 5 year lease. The business occupies around 2,500 sq ft, with the around 1000 sq ft devoted to food preparation, and 1000 sq ft for the walk-in chiller with freezer area. The remaining area houses a small staff rest area of approximately 150 sq ft, and management office of around 350 sq ft. . The unit is fully air-conditioned through-out, and the main unit has a roller shutter, with plastic curtaining for ease of loading and un-loading from a chilled working area. The annual rent is circa £17,500, with business rates of around £3,000 per annum.
Lease Terms:
The annual rent is circa £17,500, with business rates of around £3,000 per annum.
Trading Hours:
Monday – Friday: 4:00 am – 2:30 pm Saturday: 6:00 am – 12:00 noon
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