Search more Butcher shops for sale in Essex
Reference G8815

Butchers in Essex For Sale

Register to see map and to make an appointment Excellent trading position, sought after ESSEX TOWN

Turnover 8,600
Price 120,000

Features

Well Established Quality Butchers

SPACIOUS DOUBLE FRONTED BUTCHERS fully equipped including large cool display serveover counter, 2 electronic scales, 1 electronic cash register, 2 chest deep freezers, 1 upright deep freezer, 2 walk-in coldrooms etc.

Turnover

WE ARE INFORMED the turnover is currently in the region of 8,600 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the sales for 2018 showed 465,863 with a gross profit of 172,800.89 i.e. 60%. We are further advised that the 44 weeks ending February, 2019 showed sales of 380,549.46 with a gross profit of 129,894.55 i.e. 53%.

Staff

1 full time manager, 1 full time butcher plus 1 full time apprentice

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 5 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable lease having 10 years unexpired from September, 2018 at a rental of 24,000 p.a. exclusive of rates up to September, 2023 with rent to be agreed thereafter.

Uniform Business Rates: 13,000 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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