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Family Butchers With High Amount Of Loyal Trade For Sale

Reading, Berkshire
Asking Price:
£269,995
Turnover:
£122,000
Net Profit:
Available on request

Business
Hilton Smythe is delighted to welcome to the market Whiting’s Butchers. This business was originally established in the 1890’s which is fantastic for trade. This is a well-known business in the town, and is the go to place for fresh meat.

Our client first took over the store in 1989 which is an impressive amount of time. Our client is now looking to sell the business due to the desire to take a well-deserved retirement. Our client has thoroughly enjoyed running the business and advises us this is a highly profitable business.

The business generates a very healthy turnover of £122,000 per annum with a gross profit of 54%. This is generated from 50% retail sales and 50% web sales. The business sells free range meats which is sourced from local farms; which have the animal’s welfare and purity at heart. This is a fantastic selling point for the business and it attracts a large amount of repeat custom.

The business is well known for their services. They smoke their own bacon, this is done on the premise. Some of the bestselling products are made on the premise such as the faggots and haggis, sausages, burgers, sustain rolls and more. The store even sells eggs and also turkeys at Christmas, the store always receives a great amount of trade over the festive season.

We believe turnover could be increased by advertising the website. The website should also be promoted to more commercial customers this will guarantee sales and boost repeat trade.

The website has information on the business and provides a list of products available. The website allows for online orders which is highly popular. The website is included in the sale.

Hilton Smythe highly advise early viewing to avoid disappointment. This is a fantastic turn-key opportunity for someone with experience in the trade.

Location
Whitings Butchers is located in Reading, Berkshire.

The business is situated directly in the centre of a large housing estate. The business highly benefits from local trade. The area is a mixture of private and council owned property. This is the only business on the estate and so there is no competition around. The street has bay parking directly outside, this is for residents and customers.

The business is just off the main roads from where there is a generous amount of business. This area highly benefits from public transport. On the main road is a fantastic amount of bus stops with many regular routes around the town. Reading train station is just a short 15 minute walk from the property. Reading has great road connections with the A33 heading from the centre of the town through to Basingstoke it also connects to the M4 motorway.

Premises
Whitings Butchers is located in Reading, Berkshire.

The business is situated directly in the centre of a large housing estate. The business highly benefits from local trade. The area is a mixture of private and council owned property. This is the only business on the estate and so there is no competition around. The street has bay parking directly outside, this is for residents and customers.

The business is just off the main roads from where there is a generous amount of business. This area highly benefits from public transport. On the main road is a fantastic amount of bus stops with many regular routes around the town. Reading train station is just a short 15 minute walk from the property. Reading has great road connections with the A33 heading from the centre of the town through to Basingstoke it also connects to the M4 motorway.

Tenure
We are advised the business is freehold.

Hours
The business is open-

Monday: 7am – 1pm
Tuesday: 7am – 4pm
Wednesday: 7am – 4pm
Thursday: 7am – 4pm
Friday: 7am – 5pm
Saturday: 7am – 4pm
Sunday: Closed

Staff
The business is run and managed by our client with the help of 1 member of staff.

Financial Profile
The business generates a turnover in the region of £122,000 per annum.
With a gross profit of around 54%

Property information

Property:

Freehold

Contact Broker

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