Traditional Butchers Shops Taking Over Three Thousand Pounds Per Week | | Undisclosed London | | LONDON TRADITIONAL BUTCHERS SHOP TAKING OVER £3,000 PER WEEK Excellent location and benefiting from a Council lease Reliable weekly takings £3,000 with high footfall and repeat trade Business development activity extremely limited L/H: £28,000 + SAV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72778
ADVERT IMPRESSIONS : 13,961 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Butchers | | SALE: | Agent Sale | LEASEHOLD: | £28,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Traditional shop premises overlooking vibrant and multi-cultural street market
Pedestrian street with high levels of footfall
Destination market for locals and visitors alike with on street parking available
Wide variety of local amenities and close to a very large residential estate
HISTORY
Established as retail butcher and in current location for over 60 years
Acquired by the vendor in 2000 although he has worked in the shop since the 1960s
Excellent reputation for service with high repeat rates established
Ongoing investment in trade equipment and fixtures
REASON FOR SALE
Retirement
PRODUCTS
Full range of traditional butchery products including
o Fresh meat
o Steaks
o Sausages
o Cured meats
o Cooked meats
o Pies
o Burgers
o Sundries
CUSTOMERS
Predominantly loyal personal customer base
High volumes of walk in trade
Market visitors and local residents
SUPPLIERS
Meat delivered daily from local wholesaler
STAFF
Vendor works full time in the business
1 full time counter assistant
Family assistance on an occasional basis
TRADING HOURS
Tuesday to Thursday 8am to 3pm
Friday 8am to 4pm
Saturday 8am to 5pm
Sunday and Monday closed
Market operates daily except Mondays
FINANCIALS
Weekly takings approximately £3,000 to £3,500
Gross profit margin 33%
OVERHEADS
Rent £22,000 pa
Rates £7,350 pa
Staff £20,000 pa
PREMISES AND EQUIPMENT
Lock up ground floor retail unit with A1 usage benefiting from a Council lease and comprising briefly:
o Refrigerated sales display counter/cabinet
o Refrigerated window display
o Large refrigerated display cabinet
o Scales x 4
o Tills x 2
o Chopping blocks x 3
o Mincer
o Vacuum packing machine
o Rotisserie
o Office
o Large store
o Walk in freezer
o Roller shuttered
o Loading access to rear
STRENGTHS
Excellent central location within a thriving and well known community market
Butchers shop on site for over 60 year
Council lease
Reliable weekly takings exceeding £3,000
Fully equipped for retail butchers trade
Loyal repeat customer base
High level of footfall
SCOPE
Additional business development activities such as leaflet drops and local advertising
Focus on developing business customers
Local Walworth/Elephant and Castle area is set for sizeable residential and commercial development over the next few years
TENURE
Leasehold (Council)
10 year renewable lease with 18 months remaining
Rental £22,000 per annum
Business rates £7,350 per annum
VIEWINGS
A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1268SE / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
