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Popular Butchers With Lots Of Repeat Trade

Dagenham, London
Leasehold Price:
£39,995
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
218439
Reference
B04239 / Rightbiz

Details

Business
Hilton Smythe is delighted to welcome to the market Cherry Tree Butchers.

Price reduced for a quick sale!

This business was originally established 2006 and is a good size and fully equipped to suit the trade. This is a well-known business in the town and is the go to place for fresh meat.

The business sells a great selection of meats, cooked meats, a range of seasoned sausages and burgers all prepared in-house. Revenue is derived from the sale of quality fresh produce, supplied from reputable sources.

The business sees a lot of repeat trade in addition to passing trade and reports a healthy turnover of just over.

Our client has thoroughly enjoyed running the business and advises us this is a highly profitable business, Our client is now looking to sell the business due to the desire to take a well-deserved retirement.

We feel there is scope to increase the turnover by extending the opening hours, a new owner could embark on a modest marketing campaign to promote the excellent goods offered.
The business doesn’t have a website, so this is a massive way to improve turn over.

Hilton Smythe highly advise early viewing to avoid disappointment.

This is a fantastic opportunity for someone with experience in the trade.

Location
Hilton Smythe is delighted to welcome to the market Cherry Tree Butchers located in Dagenham.

Dagenham a town in east London, England. In the London Borough of Barking and Dagenham, it is 11.5 miles east of Charing Cross and 9.5 miles east of the City of London.

Premises
Well signed premises, display windows and secured entrance to ground floor premises.

Open plan retail area with display shelving.

Equipment,

• 2x4 foot Laval display units and 1x6foot
• 2x8 foot multideck units
• 1x4 foot two door display unit
• 8-foot refrigerated deli counter
• 1x 8 foot for fresh meat
• 2 Tills
• 1 cooked meat slicer
• Hemkelman floor mounted Vac pack machine
• Meat master mincer
• 4 Avery ticket scales
• 2 Avery counter scales
• 4x4 foot blocks and stands
• Large Walk in Chiller and separate Freezer
• Large 2 door Fosters Deli fridge

Tenure
We are advised the business is being sold as a Leasehold.

Original lease length: 10 years.

Remaining lease length: 2 years as of 2018.

Review period: 5 years.

Hilton Smythe are advised the business pays £10,000 a year on business rates.

Hours
Monday 8.00 am - 7.00 pm
Tuesday 8.00 am - 7.00 pm
Wednesday 8.00 am - 7.00 pm
Thursday 8.00 am - 7.00 pm
Friday 8.00 am - 7.00 pm
Saturday 8.00 am - 6.00 pm
Sunday Closed

Staff
The business is run and managed by our client with the help of 6 full time members of staff and 2-part time.

Financial Profile
The accounts as of 2017 show a turnover of £852k, with a gross profit of £331k.




£39,995
Seller Details
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Listing Details
Leasehold Price: £39,995
Tenure: Leasehold
Sector: Butchers
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