ID : 37110

For Sale Award Winning Family Butchers In Loughton

£500,000.00

 (Fixed)

Description

Type : Sell
Warranty : No
Location : Loughton, Essex, UK

AWARD WINNING FAMILY BUTCHERS – ESSEX

Well reputed with regular and repeat trade

Genuine reason for sale due to retirement

Recently refurbished – walk in condition

Situated in the town centre of Loughton

Annual Turnover of £1,200,000

Ideal partnership opportunity

Prime trading location

Training provided

LEASEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this exceptional, award winning family butchers which was established by our client over 25 years ago. Only now is the business being reluctantly offered to the market due to a desire to take a well deserved retirement. Since our clients have owned the business they invested heavily in the latest equipment for the butchery business, the premises having undertaken a 300-400k shop fit, meaning it is in full walk in condition. They have continually developed and improved the business by introducing new lines of income streams which have enhanced the business massively Our client informs us that they generate a highly respectable annual turnover which is derived from the sale of a wide range of fresh locally sourced meats and poultries all prepared in store.

The business has many major supply contracts in place including schools, nursing homes and public houses to name a few. There is massive scope to expand the area from which the business currently serves and with the creation of a professional website and an advertising campaign may increase income. The business is currently owner operated with 10 full time and 3 part times staff and our client is happy to provide training during the transition period upon exchange of contracts. The business would ideally suit a partnership and could afford a good standard of living.

The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade together with word of mouth recommendations. This is superb opportunity to purchase a premium business, with massive scope to develop further, and as such early viewing is strongly advised as businesses of this calibre rarely stay on the market for long.

 

 

Location

Loughton, Essex, UK
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