Traditional Butchers in Surrey Suburb Sees £520K Net Sales, Poised for Growth
Undisclosed, Surrey
- Status
FOR SALE
- Date Submitted:
21/06/23
- Advert ID
515365
- Reference
FC8770SJG / Rightbiz
- Call Agent:
- Leasehold: £175,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Thriving Traditional Butchers Serving An Affluent London Suburb In Surrey
Long established and thriving traditional retail Butchers business serving an affluent London suburb. Net sales £520,438 in year ended 31.3.2022 generating a Gross Profit of £193,441 (37%) and excellent six figure Net Profits from a congenial 5-day week and 90% retail counter sales. Scope for further growth by extending opening hours and developing catering/wholesale trade. Easily managed lock-up fully equipped premises include retail shop and ample cold storage held on lease @ £11,000 per annum rental. O.I.R.O. £175,000. S.A.V. Ref: FC8770Contact Agent
Listing Statistics
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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.
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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.
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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.
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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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