Freehold Award Winning Butchers
Business for sale
Asking Price:
£225,000
Turnover:
£133,970
Annual profit:
£29,954
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales have been instructed to offer for sale this well established traditional award winning and rare freehold business.Established some 50 years ago, the present vendor has been in ownership for the last 17 years. The owner has reluctantly decided to sell due to another business venture that has taken off on a national level. This has diluted the vendors time between the two.
In recent years, the vendor has employed a full time manager with the assistance of a further three full time staff to totally manage the business.
All sales are over the counter and consist of home made cooked meats, pies, sausages and small goods.
Over the years our clients’ business has been awarded many awards both nationally and within Lincolnshire. They consist of Gold, Silver and Bronze and Class Champion for pies, pasties, sausages, burger and small goods.
There is also a healthy trade at breakfast and dinner times for fresh filled cobs together with a small range of ready meals which are all made on site.
Although the owner has a full complement of staff, he is willing to conduct a reasonable hand over period to ensure a smooth transition for a new owner, subject to negotiation.
The business offers scope to further develop supplying nursing homes, pubs and dinners to local factories which are all in high demand, which our client has not been able to pursue due to his other business commitments. In fact, our client used to supply into this market until about 2 years ago when his national catering company took off.
There is also scope for an owner operator to increase profits. The vendor informs us that he does not employ any butcher – only a chef who can more that adequately cope.
The vendor has informed us that sales this current year are 10% up on last years accounts.
General Information
Trading hours:Mon-Fri 7.30am-5.00pm, Sat 7.30am-2.00pm, Sunday Closed
Property:Freehold
Lease terms:TENURE: Freehold
Living accomodation:BUSINESS PREMISES A single storey ground floor retail unit briefly consisting of: Ground Floor . Retail sales area which has: . 2 refrigerated serve overs with underneath storage all in stainless steel (one 3 metre & one 2 metre) . Two brecknell 130 scales . One vertical dairy chiller . One spit roast machine? One microwave . One brecknell cooked meat slicer . One shop till . One 4 ft nylon cutting table . One fosters double door freezer . One 2 mtr stainless steel table . Assorted stainless steel trays . Food Mixer . Stainless steel double sink unit To the rear is a prep room which has: . A 4 ft block on an aluminium stand . One sausage machine . A butchers trade block . A 5 ft stainless steel table . An Omega 32 mincer . A 4 ft stainless steel table . A pie machine with assorted dyes . A 2 mtr stainless steel table . One small vertical fridge . An electric pie oven . A 6 ring gas oven . A walk in chiller . Assorted baking tins and pans
Location:Our client is located in a prominent position in a village and benefits from a monopolistic trading position within a 8 mile radius. Within the village are two public houses, chemist, post office, a newsagent, a co –op and residential properties. The village is a busy thoroughfare for passing vehicles. In fact, there is a good level of passing trade which has led to regular clients from far a field as London, Mansfield and Yorkshire.
Our client also benefits from regular tourist trade from boaters travelling on the nearby river, especially during the summer months.
Employee details
Fulltime staff:
4
Parttime staff:
0
