Well Established Butchers With Modern Bakehouse – Kirkcaldy, Fife
| Price: | £600,000 |
| Contact: | Rob Walker - 01204556327 |
Ref: 14795 A
Description
Hilton Smythe are delighted to bring to the market this fantastic opportunity to acquire, on a freehold basis, this long standing and well respected traditional local butchers. Thomson of Thornton has been family owned for over 50 years and has built an excellent local reputation for quality and service alike.
Our clients first took over the store in 1959 and it has remained in their careful ownership since; having thoroughly enjoyed running the business, they are now looking to sell, to allow them a well-deserved retirement.
Thomson’s only sells quality meats which are sourced locally and then prepared using traditional methods. The range of products has extended over the years to include steak pies, and their popular selling Lorne amongst many other products, all prepared using their own delicious recipes resulting in many loyal repeat customers using the shop.
In recent years the business has successfully expanded from not only retail shop sales but now generates approximately 65% of its business through pre-packing and labelling products to supply commercially to the likes of Spar shops, Nisa Local, local hotels, restaurants and care homes to name a few.
The current operation benefits from fantastic production facilities located on site with the owners having just invested in a modern bake house facility that will be ready to use in the coming months allowing for organic business growth and will even generate its own electricity with the installation of 34 solar panels.
We feel there is fantastic scope to increase turnover with the opportunity to create an informative website and expand the range of food stuffs and products further with a new operator, along with the introduction of a retail delivery service.
This is a rare and excellent opportunity for a new operator to take on a popular and well-established business in an excellent location with a growing population; a true turn key business opportunity with the benefit of loyal customers and an established supply chain.
Tenure
Freehold
We are advised that tenure is offered on a freehold basis.
Hours
Monday, Tuesday, Thursday and Friday 0800 – 1700.
Wednesday & Saturday 0800 – 1300.
Staff
The business is run & managed by the current owner & 9 staff members.
Financial Profile
We are advised that the business reported a gross turnover in the region of £600,000 with a reported 41% gross profit.
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