Suffolk Butcher Shop with Bakery and Strong Customer Base for Sale
Bury St Edmunds, Suffolk
- Status
FOR SALE
- Date Submitted:
22/11/23
- Advert ID
602988
- Reference
B07660 / Rightbiz
- Call Agent:
- Leasehold: £199,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Extremely well established butcher shop for sale
BusinessPlease quote reference B07660
CoGoGo are happy to welcome to the market St Edmunds Butchers, a highly rated butcher shop in Bury Saint Edmunds, Suffolk.
The business was originally established over 30 years ago and has been under our clients ownership since 2014. The business has flourished under his ownership accruing many new customers, a healthy wholesale trade and a great reputation for pricing, products and customer service.
The business has now come to the open market due to our clients desire to retire.
St Edmunds Butchers want to offer you top class customer service and high quality meats and game. They care about the traceability of meats and game and aim to source high quality and local produce.
The business has their own bakery and supplies a selection of homemade Pies, Sausage rools and sweet Cakes.
St Edmunds Butchers sells a great selection of products including:
- Bacon
- Pork
- Beef
- Burgers
- Lamb
- Poultry
- Sausages
- Steaks
- Christmas Meat Hampers
- Whole hams
- Faggots
- Pies
- Takeaway hot food
The business sells to retail customers (60%) and wholesale customers (40%) and has lucrative accounts with local pubs, restaurants and residential homes.
The sale will include the company website which includes an e-commerce facility and social media platforms and the business enjoys great visibility online with impressive reviews.
Key selling points -
- A well established business with an enviable reputation and many existing customers
- Prime trading position with loads of footfall and passing trade
- Current owner would be happy to offer a handover to ensure the continued success of the business
- Ideal owner managed or partnership business
- Little or no competition locally
- Perfect bolt on to an existing butchers business looking for a foothold in this area
- Advertising and Marketing campaign
- Maximise the use of social media
- Invest in SEO and PPC to drive new customers to the business
- Introduce a customer loyalty card / scheme
- Employ a sale manage to canvass for more wholesale accounts
Location
St Edmunds Butchers is located on Brentgovel Street, in the town centre of Bury Saint Edmunds, Suffolk.
The business is beautifully presented and maintained with clear visible signage and distinctive livery.
There are a number of inexpensive public car parks within easy walking distance of the premises
Premises
The business occupies 4 floors of a terraced property ideally suited to the trade and briefly comprises
Ground Floor -
- Generous shop, beautifully presented and maintained with open plan preparation area and a walk in chiller.
- Generous and full equipped baker with a walk in fridge.
- Sausage making room
- Useful storage space and WC with hand wash basin.
- Additional storage space, dry with power and light
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £25,600 per annum (rent is paid quarterly).
Hours
The current trading hours are -
Monday to Saturday - 7:00am - 5:00pm
Sunday - Closed
Staff
We are advised that the business is run and managed by the owner, with the help of 4 full-time and 1 part-time staff members.
Financial Profile
Further financials can be made available upon request.
Contact Agent
Listing Statistics
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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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