Ref 2654B Traditional High Street Butcher For Sale
Asking Price: £250,000 Furniture / Fixtures included
Net Profit: £296,000
Unusual opportunity to acquire this well-established and profitable sole trade business providing a comprehensive range of meat.
Aimed very much at the mid to upper end of the market it supplies premium meat products, almost entirely to order with only a few pre-prepared or pre-packaged goods such as burgers, kebabs and sausages, which it also makes itself.
There are 4 staff in the shop and a small admin / support team.
Good profits are made on sales approaching £1.2m in the current financial year. The business has been growing steadily recently anyway but has undoubtedly benefitted from shopping habit changes during the pandemic. There can be no certainty, but it is estimated that sales will return to c£1m post lockdown with c15% net profit.
The vast majority of sales are retail through the shop, to a long standing and loyal client base. In addition there are c15 clients who take deliveries, mostly local households of wealthy families plus a couple of dignitaries.
Leasehold Rent: £48,000 per annum
Location: A great high street location for more than 40 years, with excellent footfall, and a high street frontage.
Premises Details: Premises total c85 sqm with a long, secure lease.
Expansion Potential: The opportunity is certainly there to modernise the approach to include a digital presence, of which there is currently none.
Reasons for selling: The business is offered for sale as the owner sadly passed away and the family have decided to sell the shop, which has been run by staff in the interim.
Employees: Run by 4 staff, plus a small admin team.
Years established: 40