Butcher shops for sale

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John Peacock (Feb 2017)
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Leasehold Price: £260,000 Annual Turnover: £1,128,561 Annual Net Profit: £115,327
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Business Description
Businesses for Sale
High Class Traditional Butcher Shop in Town Centre
( Confidentially offered for sale in Busy Market in Town, near the Dorset Coast ).

Asking Price:-
£ 260,000 Leasehold, with a option to buy the Freehold.
Turnover:- £1,128,561
Gross profit:- £467,569
Net profit:- £115,327.50
Established for over 60 years
Fully Equipped
Family Business
Very Profitable
Excellent profit margins
Good cash flow
Goodwill

Business profile:
Established by the current owner’s father almost sixty years ago and located on its current retail sites since inception, this high class traditional, family run butchers is dedicated to providing its customers with the finest quality, fresh meats and foods from all over the UK stocking a wide range of meats for every occasion.
The business is very well located in an extremely busy area, offering customers the best Aberdeen beef, local lamb & pork. Home made sausages, pies, and bacon are also produced on site, as well as a good selection of local and continental cheeses
In addition to providing customers with superb meat, this business is committed to providing a friendly, helpful and very individual service. 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 comprising the old and the young – drawing customers from the surrounding villages for several miles around.
This is the only independent butcher in the area – and has a financial performance reflecting this. With a very strong reputation this traditional family butchers represents an excellent acquisition opportunity for an independent butcher in the area looking for an additional outlet or alternatively someone already employed within the trade to start out on their own.
As well as a very good shop trade, we have two vans delivering meat etc to local resturants and pubs.

Key Strengths:
This business has been established for over sixty years, it has built a reputation of quality family butchers. Well known for its good variety of independent High Street shops, the town attracts shoppers from the surrounding villages keen to take advantage of the good quality products, competitive prices but perhaps above all the personal service for which the independent retail sector is best known.
Now run by the ‘second generation’ this is a very well established business. Operating exclusively within a fairly wide catchment area this business attracts custom from several miles around. This business has been built on providing high quality produce at a competitive price – whilst still leaving scope for good margins - and a highly personal service. This combination ensures a steady stream of loyal customers purchasing on a very regular basis.

Key Opportunities:
With a strong demand for the products and service of this business and capacity to increase turnover, a new owner would contribute fresh ideas, enthusiasm and outside influence to build on an excellent base.

Premises:
The premises is located on the main street in very busy locations. The owner owns the Freehold, however wishes to sell the business on as leasehold. The freehold could also be sold if required . The premises have all the fixtures and fittings normally associated with an outlet of this nature.

Advertising and Marketing:
Much of the business's revenue is a result of passing trade or word of mouth recommendation, bearing strong testimony to the excellent reputation enjoyed by the business since its inception. The business has a loyal clientele who frequent the shops on a regular basis.
As there is currently little in the form of advertising activity the owner is aware that a more active sales and marketing campaign would certainly improve sales and profitability and will increase its market exposure and revenues. There is also a flat included in the sale. This is currently used as an office, dry store and a laundry.

Financial profile:
The business is being offered for sale on a going concern basis.
The business consistently achieves turnover of £1,128,561 and a gross profit of £467,569
The Owner will be happy to assist with a full handover and training to the new buyer.

Reason for Sale:
The owner wishes to retire.
Number of Employees: 5-10

Tenure: Leasehold

Location Details: Market town near Dorset coast

Find out more about this business opportunity.

 
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confidential sale
PAX0123909994
Seller Reference:
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