Wholesale Delivery Business in South London For Sale
| Price: | Price £1,200,000 |
| Contact: | 020 8763 1777 |
Reference M5373
Profitable Meat Wholesalers (including Parma Hams, Olives, Oils, Pasta)
Outstanding opportunity to acquire a highly profitable Meat Wholesalers which in our opinion has further development potential in the right hands.
The Wholesalers operate we understand within a 25/30 mile radius of the business delivering to restaurants, cafes etc.
Free car parking for 4 cars
SPACIOUS INDUSTRIAL UNIT in the region of 1,500 sq. ft. with tiled floor. The equipment includes 3 butchers blocks, 3 electronic scales, 2 gravity feed slicers, 2 vacuum packers, 3 walk-in coldrooms, 2 walk-in deep freezers, 1 small walk-in coldroom, chest deep freezer, large Byro mincer etc.
Office plus additional office
Turnover
WE ARE INFORMED the turnover averages £80,000 p.w. WE ARE FURTHER ADVISED THAT THE SALES YEAR ENDING FEBRUARY, 2022 SHOWED IN THE REGION OF £3,907,139 WITH A GROSS PROFIT IN THE REGION OF £816,261 & A NET PROFIT OF £407,553.
Staff
The business is at present operated by 2 partners with 4 butchers & 4 drivers, 1 secretary employed. It should be noted that 2 of the butchers also assist in the deliveries.
Trading Hours
Monday – Saturday 12 midnight – 6 a.m. for preparation. 6 a.m. – 1 p.m. deliveries.
Tenure
Included in the sale are 2 leasehold properties 1 having approximately 90 years unexpired whilst the other adjoining premises has approximately 97 years unexpired at nil ground rent.
OUTSTANDING OPPORTUNITY TO ACQUIRE A PROFITABLE MEAT WHOLESALERS WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.
Uniform Business Rates for the 2 units £3,800 p.a.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
Price
TO INCLUDE THE VALUABLE LONG LEASEHOLD PROPERTIES, GOODWILL, FIXTURES & FITTINGS £1,200,000 plus STOCK AT VALUATION (£150,000)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT