A progressive and forward-looking butchers is being marketed for sale.
Located in Worcestershire, the business operates from a leased premises with equally proportioned serving and preparation areas. The customer base is predominantly domestic (c 90%) of which around 60% is represented by a loyal repeat client base.
The business is ably supported by a stable employee team and with retained management that addresses any handover concerns.
With an emphasis on providing added value products, the gross margin is robust and there remain significant further growth opportunities. Including a more focussed effort on trade accounts and providing click & collect / online ordering opportunities.
Currently the business generates sales of c £1.1M, delivering an adjusted EBITDA of around £190k.
The guide price for 100% shares is £350k, to include a debt free cash free balance sheet with net assets expected to be c £35k.
