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8958B BIRMINGHAM FREEHOLD: £240,000 FREEHOLD BUTCHERS

Asking Price: GBP 240000
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Business Location: United Kingdom » Birmingham » BIRMINGHAM 
Category: Retail » Food & Drink
Description:
Advent Business Sales have been instructed
to offer for sale this well established
traditional butchers.
Established 55 years ago, the present vendor
has been in ownership for the last 19 years.
The business is a family run concern.
The owner has reluctantly decided to sell due
to retirement plans.
All sales are over the counter and consist of
finely prepared meats of which chicken and
lamb takes prominence.
The majority of customers are Asian and
Afro Caribbean therefore cuts and joints are
prepared for their taste and convenience.
The premises are well ventilated and the
vendor has ensured that cleanliness remains
throughout at all times.
To further compliment the premises, there is
a spacious living accommodation consisting
of 3 bedrooms, family bathroom, 2 lounges
and a fully fitted kitchen.
The vendor currently rents out these premises
and receives £500 per calendar month in
rental income.
In addition, there are several storage areas to
the rear including a well maintained wall in
fridge.
REF: 8958B
 
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Financial Information:  
Annual gross sales: (GBP) 99000
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 1989
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
No of trading hours: Mon-Sat: 9am – 7pm
Reasons for selling:
 The owner has reluctantly decided to sell due to retirement plans.
Market competition and expansion:
 The business offers scope to further develop by supplying local takeaways, restaurants and cafes. Further advertising would also be beneficial. Alternatively, applying for a change of usage could attract further business investments to the area.
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