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Organic Meat And Food Store In West London For Sale

London, UK
Asking Price:
£180,000
Turnover:
£500,000
Net Profit:
£75,000

This organic meat and food store which was opened in June 2020 by the current owner and is situated in the affluent borough of Richmond, in London. The business is a speciality middle eastern butchers, fruit and vegetables, food store with the vendor being an experienced businessperson who has overseen the steady growth in sales to the public and supply of fresh meat to local businesses. The business is located on a busy high street and services affluent local residents through a wider variety of speciality produce. The property was previously a restaurant with A3 and A5 licenses, therefore, the business could be reverted to a restaurant if the new owner wishes to do so. The owner installed a cold storage room in the premise to facilitate the butchery element of the business.

At present, the business has seen sales rise rapidly to between £8,000-£12,000 per week despite turbulent trading conditions. The business is now forecasted to achieve revenues of £500,000 this financial year with current trading performance. The sale includes all fixtures and fittings, meat cold storage room, fridges, freezers, air-conditioning and all remaining stock. The owner is unexpectedly selling due to personal / family reasons.

Key Strengths:
1. Specialty business which is unique in the area
2. Situated in an affluent part of West London
3. Strong consistent and growing sales
4. Long lease
5. Recently refitted and refurbished
6. Multiple use – formerly a restaurant with appropriate licenses

PLEASE NOTE:

Financing may be available for qualified buyers.

For additional details or to arrange to view the business, please contact Sunil Misra on 0203 911 1059 or email [email protected]

Business Operation

Reasons for selling:

personal

Employees:
2
Years established:
2020

Contact Transworld Business Brokers UK

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