Established Over 40 Years
Profit & Loss 28th Feb 2018
Consistent T/O £3,845,162
Gross Profit £734,506
Accounts Available After Viewing
Central London / Peppercorn Rent
Fully Qualified Staff
Supply All London and Manchester
EPC – G, Food Hygiene Rating 5*
Blacks Brokers are delighted to bring to the market this exceptional, highly profitable and extremely busy meat wholesaler business as a highly desirable virtual freehold in Central London.
Westminster Meat Market Ltd was established over 40 years ago at this property, with our client taking ownership at the beginning of 2007. This central London business supplies wholesale meat throughout London and Manchester to restaurants, schools, cafes, hotels and other well-known and high end businesses – specifics can be discussed with the owner. It is fully staffed by qualified butchers and enjoys consistent turnover due to extensive repeat business lucrative contracts in place. Our client now offers the business and virtual freehold for sale in order to retire, creating a truly exceptional opportunity to acquire this highly profitable business trading .
The virtual freehold of the business is within Winstanley Estate in a London Council area, the entire lock up consists of 3 large units with entrance both sides front and back. Included is free parking with permit. The unit also has 2 offices. There are 72 years remaining and no rent for the duration.
As briefly mentioned earlier, the current levels of turnover are consistently achieved as the reputation and experience of this business has led to a large repeat customer base being established. Westminster Meat Market Ltd has gained a most enviable reputation as a supplier of good quality meats at wholesale prices and although excellent profit levels would be enjoyed on an as-is basis, the business would ideally suit a new owner with the experience and contacts to gain more commercial contracts and also allow for further growth with the purchase of additional machinery. Also, the business does not presently have an online presence. What is exceptional, however, is the current business model has delivered consistent turnover for many years which is a real measure of this opportunity.
The business requires a hands on owner, able to take ownership of a busy company and management of an experienced work force, or alternatively would make an excellent addition to an existing butchery business looking to expand into London and Manchester areas.
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