Impressive Butchers Shop & Delicatessen – Dereham, Norfolk

Description

Hilton Smythe welcomes to the market The Butchers Shop, which has been a butcher’s for decades and owned by our clients, who has been a butcher all his working life, since 2006.

Our client is now looking forward to a well-earned retirement.

The Butchers Shop prides itself on not only going that extra mile for its customers but also only selling quality local produce and offering fantastic customer service. An ethic that our client has had all his working life and something that his staff truly believe in also.

The Butchers Shop also incorporates a delicatessen which provides an excellent selection of meats and cheeses, they also sell ice cream, freshly made with real dairy cream.

The Butchers Shop purchases and butchers whole carcasses of meat from award winning livestock leaving no part of the animal unused as they create and make their own range of sausages, sausage rolls, pies, pork pies etc.

From the Delicatessen they sell many specially produced pickles, jams and chutneys to accompany the freshly made produce and filled to order baguettes.

Custom is not only local but from much further away from towns not exclusive to Dereham, King Lynn, Norwich and the North Norfolk Coast.

The Butchers Shop regularly serves 600 customers a week and around 1000 a week in the run up to Christmas.

The Butchers Shop reputation proceeds it having 5* reviews on Google and Facebook, the business is being sold with the website www.the-butchers-shop.co.uk

The Butchers Shop is a very profitable business but there is scope for further development by considering:

• Supplying produce to local businesses including pubs, hotels, nursing homes
• Opening on Mondays

The Butchers Shop has many reasons for you to buy it including:

• Well established business
• Profitable business
• Fully refurbished premises
• Reasonable outgoing costs
• Long established staff members to remain

Hilton Smythe highly advise early viewing to avoid disappointment.

Tenure

Leasehold

We are advised the business is being sold as a leasehold business opportunity

There is a 15-year lease from June 2006

Rent: £7,680 per annum

Our Client informs us that they do not pay rates

The landlord is aware of our clients intentions to sell and is willing to be flexible regarding the lease

Hours

The business opening hours:

Monday: Closed
Tuesday – Saturday: 9.00 am – 5.00 pm
Sunday: Closed

Staff

The business is run and managed by our husband and wife clients, with the help of 5 part time members of staff.
2 staff have been with the company since 2006 and the others have been employed for a number of years also

Financial Profile

The Butchers Shop generated an advised turnover of £370,406 as of the 2018 accounts, with a gross profit of £155,860 and a net profit of £83,499

The assets being sold with the business are worth in the region of £70,000

The entire premises were refurbished in 2015 – 2016 for the sum of circa £100,000