Hilton Smythe welcomes to the market Browns Family Butchers, which was established by our client in 1995 and has been welcomed by local customers ever since. Our client is looking forward to retirement.
Browns is a traditional family butchers selling quality fresh locally produced meat and poultry and is one of a few left within the area.
The business has many returning customers, whether it be throughout the year or on high days and holidays. The business thrives on giving a knowledgeable and friendly service.
Browns offers different meats throughout the year, whether it be for BBQ in the summer or traditional Christmas dinners, but always has a good selection of meat throughout the year.
The business relies on word of mouth advertising, advertising via website or social media is an area that should be looked at to increase revenue.
There are many reasons to buy Browns Family Butchers:
- One of a few traditional butchers within the area
- Low outgoings
- Council lease
- Large 2 bedroom flat
- Ample car parking
- Long established business
However, there is scope for development by considering:
- Creation of a website to promote the business
- Creation of a social media page to promote the business
- Canvass for external catering contracts e.g. pubs, restaurants, schools & homes
- Longer opening hours
Hilton Smythe highly advise early viewing to avoid disappointment.Location
Browns Family Butchers is located in Borehamwood, Hertfordshire, in a main shopping area within the town with a high footfall. The business is also being sold along with a large and modern two storey, two bedroom flat, which is double glazed and central heated.
Browns is located on a busy shopping parade in a densely populated residential area, surrounded by other shops that bring a strong footfall to the location.
Borehamwood is a town in Southern Hertfordshire and is a commuter town to London and St Albans with a population of 31,074 as per the 2011 census. Borehamwood has many great transport links being accessible to M1, A1(M) and M25Premises
There is a shutter frontage to the shop and an entrance door that leads directly off the main road with parking directly outside the premises.
The shop has two fresh meat counters plus:
- Large display freezer
- Spit roast machine
- Meat slicer
- Butchers block
- Vacuum pack machines
- Stainless steel preparation table
- 5m x 3m walk in chiller
- Stock room, formerly a blast freezer
- Ample racking
- Wash area to the rear.
There is a door to the rear leading to the rear courtyard, which has an outside toilet and a gate to the rear parking area with parking for residents and shop owners.
The flat is accessed via communal stairs to the rear of the shop and is double glazed and gas central heated throughout.
The entrance door leads to the hallway with stairs to the top floor, storage cupboards, cupboard housing the boiler and doors to the kitchen and lounge.
The lounge is to the front of the building and is a large room with doors leading to the courtyard to the front, ideal for summer.
The kitchen is fitted out with wall and base units with worksurfaces over, sink, spaces for washing machine, fridge/freezer and a gas cooker.
Both bedrooms are generous doubles
The bathroom has a modern three piece suiteTenure
We are advised the business is being sold as a leasehold business opportunity with a 5 year lease and an annual rent of £18,000 which is for the shop and the flat.
Our clients inform us that they pay rates at £3000Hours
The business opening hours:
Tuesday - Friday: 8.30am – 4pm
Saturday: 8.30am – 2pm
The hours have been set by the owners to suit their pace and we have been informed that there are no restrictions on the lease regarding opening timesStaff
The business is run and managed by our client, with the help of 2 part time staff membersFinancial Profile
Browns Family Butchers generates an advised turnover of circa £175,000
The assets being sold with the business are worth in the region of £15,000
The average stock level is circa £3,000