Retail

Food Stores

Advent Business Sales are delighted to offer for sale this extremely well established traditional butchers and bakery which has been trading successfully as a family business for well over 50 years. The vendor has decided to sell due to other business commitments but overall his thoughts are inevitably to retire. Our client has achieved an enviable reputation with a high percentage of repeat custom. The business successfully operates wholesale and retail butchers and bakers with a 50% retail trade to 50% wholesale. The traditional butcher specialises in quality meat drawn from a wide area with traditional cuts as well as modern. Our client makes his own pies, sausages, cooked meats and a range of complimentary products. The complimentary bakery offers an extensive range of cakes, sweets, savouries and pies etc with an excellent trade of fresh cut hot and cold sandwiches. Our client has an enviable reputation and one would be hard pushed to find such a business as its weekly takings exceed £26,000 with further growth potential. The business employs 3 full time and 2 part time bakers, 1 full time van driver, 3 full time butchers and 7 part time retail sales members of staff alongside the vendor. Deliveries start at 5.30am each morning supplying cafes, sandwich bars and pubs etc. REF: 8859DN TRADING HOURS Mon – Sat: 5.30am – 5.30pm Sun: closed EXPANSION POTENTIAL Although a highly successful and profitable business, an owner butcher would see a higher profit margin recovered which would be more enticing business to purchase. FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: £1,350,000 Gross Profit: 32% 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 The property is a two storey mid terraced property which is fully alarmed and consists of the following: Ground Floor • Fully exposed frontage leading to main shop • Refrigerated display units • Selection of fridge’s and freezers • Vacuum packing machines • Hot food display units • To the rear there is a fully equipped preparation area with walk in fridge freezers, preparation tables, a wide selection of equipment for butchery purposes • The premises benefit from air conditioning and extraction, allowing the business to operate with cleanliness an efficiency. First Floor • The first floor accommodates a fully equipped and operational bakery consisting of: • Four deck ovens • 4 ring gas burner/oven • Proover • Dough divider • Packing machine • Fridges/freezers • Spiral mixer • Hobart mixer • Good range of pie and break equipment External • Paved to shop front • Rear yard TENURETENURE: Leasehold Original lease: TBC Remaining lease: 9 years Review every: 3 years Rent: £6000 per annum We are advised that the annual business rates are currently: £2500 VIEWING Please DO NOT approach the business or its employees without a prior appointment. All appointments are to be made via our office.

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