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Successful Cheesemongers And Delicatessen In East Devon For Sale

Devon
Asking Price:
Under £50K
Turnover:
£100K - £200K
Net Profit:
Under £50K

This, leasehold, easily run and very profitable business is a cheese mongers and delicatessen located in arguably the most affluent town in East Devon.

It was established over 40 years ago in an indoor market and we bought it fifteen years ago and brought it onto the High Street ten years ago, where it has flourished ever since.

We sold the business nearly six years ago but the buyers (due to family circumstances) asked to sell it back nearly three years ago. Since then it has once again flourished and is still growing as shown by the turnover, as the quarter ending 28 February 2019 was nearly 32% up on the same quarter the previous year and there is a fully commercial website which has been, and still is, under utilized as I am not of the "blogging generation". For the same reason the business is not on Facebook or Twitter.

The business has two part time staff who are both fully trained and would be capable of running the business apart from the accounts which are very simply done with a single spread sheet.

We are a married couple and split the work, My wife orders the stock and serves behind the counter three days a week while I pay the bills, run the books and VAT (a VAT recipient of £4,791.50 over the last year and the premises are rate exempt). We make joint decisions on new stock to keep the offering fresh.

Apart from cheese (about eight-five varieties) the shop also offers cold meats, other dairy products, a variety of Scotch Eggs plus sausage rolls and other pastry goods (baked-off on site). Also chutneys, jams and marmalades from specialist artisan suppliers plus more "deli speciality" lines. There is also a range of glassware. Hampers are prepared and either picked up or sent by courier all over the country. It is not uncommon to get a phone call from Canada or Australia from someone who has been to the shop whilst visiting relatives and who then wants to send a hamper from the shop to them.

The business also has a "Cook" frozen food concession using six metres of freezer space. The profit on this alone pays half the rent.

We have just installed a "bean to cup" coffee machine which is proving popular.

The business is a "walk into and start making money immediately" type of proposition with no further start up costs.

Presented to a high standard throughout, the business offers potential for incoming owners to purchase an attractive and sought after business with an excellent reputation with both locals and visitors alike.

Any purchaser would have the option of being more "hands on" and increasing profits or increasing staffing levels and still taking a good income for little work.

The business gives incoming owners the opportunity to develop all aspects of the business whilst taking advantage of a great high street location in this extremely popular east Devon coastal town. In particular, the website offers great potential.


If interested, please contact the seller through the form on this page.

Property information

Property:

Leasehold

Business Operation

Trading hours:

9 - 5 Monday to Friday. 9 - 4 Saturday.

Other Information

Support & training:

To be negotiated.

Inventory / Stock value:
£12,000

Contact Information

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