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EJ025-£ 87,500-Retail Butcher and Bakers

Asking Price: GBP 87500
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Business Location: United Kingdom » Kent » Kent 
Category: Food » Food & Drink Distributors
Description:
Retail Butcher and Bakers

Ref.EJ025
Location Sevenoaks, Kent
Asking Price £ 87,500
Confidentially offered for sale
Established by the current owner forty years ago and located in Sevenoaks, this traditional, family run butcher/baker is dedicated to providing its customers with the finest quality, fresh meats, breads, home cooked meats, filled rolls and sandwiches.

Occupying very well suited, leasehold premises, this business offers a wide range of fresh meats, poultry and delicatessen style products, as well as sandwiches, cakes and snacks.

In an excellent position, this is the only independent butcher/baker in the area – and has a financial performance reflecting this. Turnover for the last financial year was £250,000, with a gross profit of £100,000 generating a pre-tax net operating profit of £25,000. This represents an excellent acquisition opportunity for an independent butcher/baker in the area looking for an additional outlet or alternatively someone already employed within the trade to start out on their own business, and build on the excellent reputation the current vendors prides themselves on.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 1968
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
This is a genuine retirement sale
Market competition and expansion:
Located in a prominent position in the shopping centre and benefiting from high levels of customer awareness resulting from its many years of operation, the business has little need of advertising. The business is well known throughout the area, has an excellent local reputation and a strong loyal customer base, but benefits most from the most cost effective form of marketing, strong word of mouth recommendation which ensures a constant stream of customers through the door.
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