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Profitable Halal Butcher & Grocery in Newcastle, High Turnover & Prime Location

Newcastle upon Tyne, Tyne and Wear

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    11/10/22

  • Advert ID

    501707

  • Leasehold: £300,000
  • Rent: £28,800
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Accounts Available
  • High Turnover

Business Details

Busy Halal butchers and grocery in Newcastle

Halal Butchers for Sale in Newcastle upon Tyne, Tyne and Wear

An established butcher with high turnover and an assured future, located on a busy high street and close to town centre, yet not in competition. This a rare opportunity to purchase a highly profitable and established butcher in Newcastle upon Tyne. The business has been trading for over seven years, with no competition nearby.

The premises are on a long lease priced at £300,000. All fixtures, fittings and stock are included in the sale price, which includes an estimated annual turnover of £1,248,000. Opening hours are 9:30am - 8:30pm and there are five staff employed. Established on Google in the area under "Butchers".

Willing to provide training opportunities.

Please contact us for more information.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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