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Reasonable Offers Considered Highly Rated Butchers In Felixstowe For Sale

Felixstowe, Suffolk, UK
Asking Price:
£150,000
Turnover:
£580,043
Net Profit:
Available on request

*** Our client has advised that they're open to reasonable offers ***

Please quoted reference B07034

CoGoGo is delighted to present to the market Michael’s Butchers, a high quality butchers business with over 30 years successful trading history.

The ‘turn-key’ opportunity is now being made available due to our clients decision to now retire, however he has confirmed a full business handover period will be offered to allow the smooth transition of this much loved community business.

Michael’s Butchers only offers the finest cuts of meat.

The current menu includes -

Prepared Beef, Pork, Lamb, Venison Joints
Lamb Chops, Noisettes, Pork Belly Plaits, Rib Eye Steaks
Venison Cannons, Diced Venison, Game Mix, Pork Parcels
Pork Spare Ribs, Minced Lamb, Beef Kebabs
BBQ packs, Beef Olives, Honey Cured Gammon Steaks
Whole Chickens, Stuffed Chicken Thighs, Chicken Drumsticks
Stuffed & Rolled Goose, New Season Pheasants, Chicken Ballotines
Sweet Chicken & Mexican Beef Stir Pieces, Rolled Turkey Breast
Boned & Rolled English Legs Of Lamb, Steak & Kidney Casserole Pieces
Homemade Burgers & Sausages, Sticky Maple Syrup Kebabs
Dry Cured Smoked & Unsmoked Bacon,
Local Cheeses, Cured Deli Meats, Scotch Eggs
Cooking Sauces, Locally Sourced Eggs

Michael’s Butcher supplies both its very loyal domestic customers as well as a chosen number of catering accounts.

We are advised the sales are split 70% from walk in customers and 30% catering clients.

The business makes approximately 1,000lb (453kg) of Sausages a week in the summer, as well as making their own dry cured Bacon, Gammon Joints and Gammon Steaks. The business also has a very busy burger trade, and our client has invested in labour saving machinery.

Key selling points -

Excellent customer reviews
Trained team in place
High turnover & profit performance
Support local charity events
Google review score - 4.9/5
Facebook - 5 star customer reviews
New refurbished shop front
Low rent
Zero business rates
Handover period offered
Lots of storage areas & equipment included

Customer reviews include -

‘Friendly independent butchers with great service and lots of choice. We have tried meat from here recently and it is of a high standard. Yummy!’
‘Excellent meat served by excellent staff’
‘Great produce and service’

Further growth opportunity -

Increase the current prices
Add online sales/new website
Outside catering (hog roasts & buffets)
Increase the number of catering accounts
Paid advertising

Very rarely do successful butchers of this standard or location come on to the open market and we therefore strongly advise early viewings to avoid any disappointment.

Financial Profile

We are advised as per the 2022 accounts, the business generated a turnover in the region of £550,000, with an adjusted net profit in the region of £75,000. Further financials can be made available upon request.

Please quoted reference B07034

Property Information

Property:

Leasehold

Location:

Michael’s Butchers is centrally situated on a busy parade of local shops and services which include a cafe, hairdressers, antiques store, beauty salon, photography studio & takeaway. The business is also very close to the local SPAR/Post office.

The High Road (E & W) acts as the main link road from Cliff Road to the Port of Felixstowe Road (A14).

The butcher is surrounded by lots of residential housing, a local sports centre, large golf club and located just a few minutes from the main port, beach, fair rides and pier.

Felixstowe is a port town in Suffolk and is the largest container port in the United Kingdom.

The business benefits from free customer parking directly outside.

The nearest mainline train station is Felixstowe, located just a few minutes’ walk away.

Premises Details:

Customer service area
Prep area 1
Prep area 2
Prep area 3
Store room
Staff toilet facilities

Business Operation

Trading hours:

The business hours are -

Monday – 8:00am to 5:00pm
Tuesday – 8:00am to 5:00pm
Wednesday – 8:00am to 5:00pm
Thursday – 8:00am to 5:00pm
Friday – 8:00am to 5:00pm
Saturday – 8:00am to 1:00pm
Sunday - Closed

Employees:
We are advised that the business is owner run and managed, with the help of 3 full-time and 1 part-time member of staff.