Butchers and Deli Producer for Sale in Skegness, Lincolnshire with 14 Staff
Skegness, Lincolnshire
- Status
FOR SALE
- Advert ID
643770
- Reference
MC/KIRK / Rightbiz
- Call Agent:
- Leasehold: Price on Application
- Turnover: £2,000,000 (£38,462 per week)
- Profit: On request
Key Features
- Focus on quality meats
- Fresh and cooked products
- Fresh meat display area
- Freshly made sausages and pies
Business Details
Well Established & Profitable Butchers and Producer of Deli Products
A progressive butchers located in Skegness, that has delivered a quality service for its community and consistent returns for its owners for many decades, is being marketed for sale.
Located within the coastal holiday town, the business leases a substantial premises that offers both a superior retail space and generous food preparation area. In additional to the owners, the business employs 14 staff members in a mixture of full-time and part-time roles.
The customer base is split commercial sales (c 65%) and domestic (shop) trade (c 35%), with significant repeat business from a loyal client base, many of whom have been supplied by the company for decades. Sales are consistent, with the commercial side supported by a robust local tourism sector and the domestic element by a demand for quality locally sourced meat and a resurgence in ‘scratch’ and BBQ / outdoor cooking. There would be further opportunity for growth through introducing local click and collect and delivery options, growing the wholesale business via a sales rep, pursuing outside catering opportunities etc.
The business generates consistent revenues of c £2M.
The guide price for 100% of the shares of the company is available within the detailed Information Memorandum and will include a debt free cash free balance sheet with net assets expected to be c £50k. The vendors will support reasonable handover requests but would then like to exit the business.
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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.
Be safe, use a Rightbiz Solicitor
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