Business for sale

Business description

Advent Business Sales have been instructed
to offer for sale this well established
traditional butchers.
Established 55 years ago, the present vendor
has been in ownership for the last 19 years.
The business is a family run concern.
The owner has reluctantly decided to sell due
to retirement plans.
All sales are over the counter and consist of
finely prepared meats of which chicken and
lamb takes prominence.
The majority of customers are Asian and
Afro Caribbean therefore cuts and joints are
prepared for their taste and convenience.
The premises are well ventilated and the
vendor has ensured that cleanliness remains
throughout at all times.
To further compliment the premises, there is
a spacious living accommodation consisting
of 3 bedrooms, family bathroom, 2 lounges
and a fully fitted kitchen.
The vendor currently rents out these premises
and receives £500 per calendar month in
rental income.
In addition, there are several storage areas to
the rear including a well maintained wall in
fridge.
REF: 8958B
TRADING HOURS
Mon-Sat: 9am – 7pm
EXPANSION POTENTIAL
The business offers scope to further develop
by supplying local takeaways, restaurants
and cafes.
Further advertising would also be beneficial.
Alternatively, applying for a change of usage
could attract further business investments to
the area.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £99,000
Gross Profit: 30%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Deceptively spacious premises in the heart of
a Birmingham multi cultural area consisting
of the following:
Ground Floor
• Entrance into main sales area
• 2 x refrigerated service over
with underneath storage
• 1 x window display
• 2 x electronic scales
• 1 x bandsaw
• 1 x omega mincer
• 1 x chopping block
• 1 x chest freezer
• Various utensils
• Rear exit leading to external
storage areas and living
accommodation
• Separate access leading to:
• Outside w/c
• Storage area
• Walk in fridge
• Living accommodate – kitchen, 2 x
lounges
• Stairs to first floor
First Floor
• 3 x family bedrooms
• family bathroom
External
• Canopied and forecourt to the
front of the premises
TENURE: Freehold
We are advised that the annual business
rates are currently: £750
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.