Wholesale Delivery Business in Battersea For Sale

Operated from a commercial unit, residential area, SW LONDON BATTERSEA

Turnover £ 80,000
Price £1,200,000

Features

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

Finance

Subject to status, you maybe able to borrow up to £ 840,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote