A retail and trade butchers and graziers

Key Highlights

– Offers a wide range of meat products in addition to items that could be eaten alongside them, including eggs and cheeses.

– Sells to over 40 regular trade customers, including hotels, public houses and restaurants, in addition to serving the general public directly via its own retail operation.

– Trade customers provide regular repeat business, with many relationships spanning over 15 years and the longest at 20 years.

– Benefits from loyal staff members, including a second-tier management team.

– Operates from company-owned premises, which our clients wish to include in the sale on a leasehold basis.

– Scope for growth via the implementation of proactive marketing methods, as presently no form of marketing is carried out.

Financial Performance

– YE23 turnover of £2.6 million with an adjusted EBITDA of circa £200,000.

– YE24 five-month management turnover of £1.1 million.

– Average gross profit margin of 27% achieved from YE20 to YE23.

– Shareholder funds increasing year-on-year.

– Circa 85% of turnover is generated by serving the general public.