Extremely well established butcher shop for sale

Business
Please quote reference B07660

CoGoGo are happy to welcome to the market St Edmunds Butchers, a highly rated butcher shop in Bury Saint Edmunds, Suffolk. 

The business was originally established over 30 years ago and has been under our clients ownership since 2014. The business has flourished under his ownership accruing many new customers, a healthy wholesale trade and a great reputation for pricing, products and customer service.

The business has now come to the open market due to our clients desire to retire. 

St Edmunds Butchers want to offer you top class customer service and high quality meats and game. They care about the traceability of meats and game and aim to source high quality and local produce. 

The business has their own bakery and supplies a selection of homemade Pies, Sausage rools and sweet Cakes. 

St Edmunds Butchers sells a great selection of products including:

• Bacon
• Pork
• Beef
• Burgers
• Lamb
• Poultry
• Sausages
• Steaks
• Christmas Meat Hampers
• Whole hams
• Faggots
• Pies
• Takeaway hot food

The business has an impressive number of regular customers, many of whom are known on a first name basis by the vendor who is a popular and well-respected member of the local community.

The business sells to retail customers (60%) and wholesale customers (40%) and has lucrative accounts with local pubs, restaurants and residential homes.

The sale will include the company website which includes an e-commerce facility and social media platforms and the business enjoys great visibility online with impressive reviews.

Key selling points –

• A well established business with an enviable reputation and many existing customers
• Prime trading position with loads of footfall and passing trade
• Current owner would be happy to offer a handover to ensure the continued success of the business
• Ideal owner managed or partnership business
• Little or no competition locally
• Perfect bolt on to an existing butchers business looking for a foothold in this area

Scope for further growth –

• Advertising and Marketing campaign
• Maximise the use of social media
• Invest in SEO and PPC to drive new customers to the business
• Introduce a customer loyalty card / scheme
• Employ a sale manage to canvass for more wholesale accounts

All fixtures, fittings and equipment is included in the sale. There is also a Mercedes refrigerated van.

Location
St Edmunds Butchers is located on Brentgovel Street, in the town centre of Bury Saint Edmunds, Suffolk. 

The business is beautifully presented and maintained with clear visible signage and distinctive livery.

There are a number of inexpensive public car parks within easy walking distance of the premises

Premises
The business occupies 4 floors of a terraced property ideally suited to the trade and briefly comprises

Ground Floor – 

• Generous shop, beautifully presented and maintained with open plan preparation area and a walk in chiller.

First Floor –

• Generous and full equipped baker with a walk in fridge.
• Sausage making room

Second Floor

• Useful storage space and WC with hand wash basin.

Cellar –

• Additional storage space, dry with power and light

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £25,600 per annum (rent is paid quarterly). 

Hours
The current trading hours are –

Monday to Saturday – 7:00am – 5:00pm

Sunday – Closed

Staff
We are advised that the business is run and managed by the owner, with the help of 4 full-time and 1 part-time staff members. 

Financial Profile
This business generated a turnover of £690,000. Further financials can be made available upon request.