Family Butchers Business for Sale in Rowley Regis, West Midlands Est. 150-Years
Rowley Regis, West Midlands
- Status
FOR SALE
- Date Submitted:
22/04/24
- Advert ID
610134
- Leasehold: £60,000 (Stock at valuation)
- Turnover: £350,000 (£6,731 Per week)
- Net Profit: On request
Key Features
- Established Business
- New Lease
- Potential for Alternative Use
- Adjacent to Multiple Retailers
- Prime Location
- Town Centre location
- Retirement Sale
- Fully Fitted
- Close to Local Amenities
- Accounts Available
Business Details
Established Family Butchers
This is an opportunity to acquire a family-run butcher shop that's been a staple in the community for 150 years. Located in the heart of Rowley Regis in West Midlands, the business is for sale due to the owner's retirement. Managed from a prime location within the town center, the business has secured a loyal customer base, many of whom are on first-name terms with the proprietor, establishing a strong local presence with little competition from independent shops.
The butcher shop is well equipped and superbly fitted to modern standards. It consists of a spacious walk-in cold room, freezer, a large back preparation and storage area, a fitted kitchen, and restroom facilities.
Valued at £60,000 for the leasehold, the business has an annual turnover of £350,000. The fully audited books are also available on request, ensuring transparency for potential buyers. The prime location not only places the business close to local amenities but also positions it adjacent to multiple retailers, increasing the flow of potential customers and the possibility for collaborative opportunities.
Apart from continuing the established business, there is also potential for diversifying into different areas of commerce, making it an attractive proposition for those looking to expand on its current provisions. However, its current offering is fully compliant with regulations, making it a walk-in prospect for those looking to continue with the established butcher business. Future owners also have the opportunity to negotiate a new lease, providing another level of flexibility in this impressive business for sale.
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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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