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Sought after coastal location and excellent reputation for quality
Income c. £6k - £7k per week with high profit
Loyal and regular customer base with genuine growth potential
Retirement sale/Viewing recommended
Reference - 48025
Description An exciting opportunity to acquire this well established, traditional butchers which has been in the same family since 1956 although run under the current ownership since 1986 when our client took over from his father who originally established the business. The business occupies an excellent trading position in the sought after coastal town of Bexhill on Sea, East Sussex.
The business is well renowned locally and has an excellent reputation for the quality of the produce sold, the majority being sourced locally from various meat traders and farms. All the sausages, burgers and kebabs are hand made on site using traditional methods with modern time saving machinery.
Whilst the business enjoys regular custom from local residents and passing trade, the majority of the income is generated from commercial clients. The business supplies a number of care homes, pubs, restaurants and schools within the town but also further afield. We have been advised that this could be developed further by supplying commercial outlets in major towns such as Eastbourne and Brighton which are c. 15 – 30 miles away.
The shop is presented in good condition throughout with a light and airy, welcoming feel when entering from the street. In our opinion the business still offers genuine growth for any new owner who could generate additional income by providing outside catering and a delivery service to the town and surrounding villages.
Accounts We have been advised that the average income is in the region of £6k - £7k per week with high gross profit margins.
Current records and accounts can be inspected after viewing.
Trading Hours Monday and Saturday 07:00 to 15:00 Tuesday to Friday 07:00 to 17:00 Sunday - Closed
Staff Staff run on a daily basis by two master butchers along with additional part time staff. The owner has a limited involvement within the business through choice and deals mainly with the finance.
Building External The business operates from the ground floor of a two storey corner plot property which benefits from customer parking. The business has good roadside signage and occupies a main road location. There is additional parking for staff to the side of the property.
Building Internal The shop provides a light and airy, welcoming feel when entering from the street and benefits from an open plan trading area with a bespoke glass fronted meat chiller with under counter refrigeration to the rear.
The shop is deceptively spacious once inside and has two main prep areas to the rear of the shop. Three walk in fridges and a walk in freezer. Commercial oven and mincer. The business is also being sold with a comprehensive range of well maintained commercial equipment which is included within the sale price.
Ancillary Areas Office Staff kitchen Staff WC
Residential Accommodation The property benefits from a two bedroom flat above the shop which is currently let out at £850 per calendar month and consists of:
Dedicated ground floor side access which leads directly into: Domestic kitchen with part tiled walls, range of base and eye level wall mounted units, space for cooker and fridge freezer. WC and wash hand basin Living / dining room with double glazed front aspect and feature fireplace
Stairs to first floor landing with double glazed side aspect and doors to: Living / dining room with double glazed front aspect bay and window seat. Feature fireplace Bedroom one with double glazed front aspect and built in wardrobes Bedroom two with double glazed rear aspect Bathroom with double glazed rear aspect, WC, panel enclosed bath, pedestal mounted hand basin and part tiled walls
Garden Enclosed private garden with patio area
Tenure We are advised that the property is freehold. We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary An exciting opportunity to acquire this well established and profitable butchers which has an excellent reputation for quality produce and is only being offered for sale as our client wishes to retire. The business has a loyal and regular client base although still has genuine growth potential for any new owner, therefore a viewing highly recommended.
For more information about this property, please contact Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)
Contact Kings Business Transfer about this property
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