Award Winning Butchers Established 1934 – Essex

Price: £124,995
Contact: Kai Pollitt-Parry - 01204556311
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Ref: 14226-C J

Hilton Smythe welcomes to the market this traditional family butchers, which specialises in locally reared meats and locally produced vegetables. The butchers has been long established in the area having traded since 1934. Our client has owned the business since 1971, who is now looking to retire.

Having won many competitions over the years for its burger and sausage recipes, including the coveted title of The Supreme Winner of the National Sausage Championship. There is a sausage menu with 53 types of award winning sausages, plus others to choose from.

As the business has traded from the same main road location since 1971 the business has an excellent local reputation and offers local daily deliveries; however, there is further scope for growth to this already profitable business, which could open 7 days rather than 6 days per week.

Hilton Smythe highly advise early viewing to avoid disappointment.

Leasehold

We are advised the business is being sold as a leasehold business opportunity.
Original lease length: 21 years.
Remaining lease length: 10 years as of 2017.
Rent: £11,400 per annum.


Hours

Monday – Thursday: 7am – 5pm
Friday: 6.30am – 5.30pm
Saturday: 6.30am – 3.30pm
Sunday: Closed


Staff

The business is run and managed by our client, with the help of 4 part time & 3 full time members of staff.


Financial Profile

The butchers has generated an advised turnover of circa £590,000 as of the 2018 accounts, with a gross profit of 39%.

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