Quality butchery & bakery business specialising in the manufacture and supply of meats, sausages, pies, steak puddings and cheeses
Ref.AF074 Location Chorley, LancashireAsking Price £ 335,000Confidential offered for sale | |
Asking price: £335,000 (inc assets and freehold property)
Asking price includes:
Freehold premises circa £180,000
Freehold premises offer additional rental revenue opportunity
Business Turnover circa £253,000 p.a.
Gross profits of £121,000
Full range of meat,sausages cheeses, pies, steak pudding and associated products
Well-presented, well equipped premises
All plant and equipment (circa £30,000)
Highly skilled, dedicated, loyal workforce
Many years of successful operation
“ProdTrac” stock control system
Sage Payroll Software
Excellent reputation
Delivery van
Website | | Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA | Business profile: | The business has been established at its present site for many decades and the current owner has successfully run the business in its current guise for the last 13 years. In that time the business has established a superb reputation in the community it serves, and beyond, for supplying high quality meats, sausages cheeses, pies and steak puddings to both the wholesale and retail market.
Many of the products are homemade using only the finest traditional recipes and quality ingredients. Because of this the business has a wide and varied client base . Wholesale customers account for 50% of sales with Retail making up the other 50%. The same split applies to the mix of bakery and butchery related products the business sells ensuring a consistent demand for products.
Every possible type of customer is represented within the customer base including many restaurants, local shops, hotels, workplaces and sandwich shops. The business tends to serve the local community but there is no reason why a new owner could not expand the geographical spread of the company. The business does its own deliveries supplying circa 4000 pies and steak puddings a week.
In what can be a highly competitive industry, this business is experiencing continuing growth, fuelled by its dedication to quality ingredients, the quality of its products and its high levels of customer service. This business offers a very personal and courteous service, with customer satisfaction – not only of its Clients but also its consumers - its prime objective. Because of this it is constantly looking at new offerings as and when clients request them. It is just in the process of bringing on traditional meat puddings such is the demand from one such customer for them. The business is able to do this as it has a highly trained and experienced workforce – an excellent team, consisting of a number of members of staff that have been with the business for many years – and all committed to making only the very best products and meeting the specific requirements of each and every Client. All customers benefit from a fast and efficient delivery service.
With turnover of approximately £253,000 and a strong loyal customer base this is an excellent opportunity to acquire a well established business highly regarded for its quality products and customer service.
Customer Service:
This business does everything possible to maintain its excellent name and has earned a considerable reputation for supplying high quality products to the community and beyond with service second to none.
Key Strengths:
Built on very sound business principals the business has put a very strong infrastructure in place to ensure continued delivery of high quality products to the market it serves. All the equipment is of the highest quality and suppliers are reliable and consistent. The business has an excellent reputation for friendly and helpful service and excellent products. It has an established, diverse and loyal customer base which is growing year on year and a reputation to be proud off. This is backed up by the high levels of repeat business the company enjoys. Not surprisingly this business can claim high levels of customer satisfaction.
This business has an experienced, dedicated and loyal workforce. Fully operational and using traditional recipes it is considered to be very much a local supplier and supported as such by the trade.
Growth and Expansion:
The business has achieved steady growth over the last few years and achieves consistent profit figures to match this. This has been achieved with very little in the way of marketing the business. It is understood that with a new focus and approach to sales the business could certainly increase average customer spends and acquire new business quite quickly.
Key Opportunities:
There is an outstanding opportunity to build on the existing business levels and customer base of this business. With a strong demand for this business's products, combined with a capacity to increase turnover, a new owner contributing fresh ideas, will have every advantage of building on an excellent platform. Additional opportunities exist for further development that include sales to nursing homes, schools as well as further local food outlets, not to mention increased counter sales.
The bakery side could easily be expanded to offer a wider range of products. It currently offers savoury products and a new owner could quite easily expand the operation to provide cakes, pastries and confectionary products should they so wish.
This business undertakes little advertising. It also has a limited web presence. A more wide ranging site promoting the full range of products and the entire customer offering would help to raise the profile of the business considerably.
Attendance at local food and drink fairs could also prove beneficial in light of the high quality produce the business serves up. | 1.Shop Area
1 x 12ft Chilled Display Counter.
1 x 6ft Chilled Display Counter.
1 x 4ft Heated Display Counter
1 Floor Safe.
1 x 4ft Butchers Block/Cutting Table
1 x 6ft Stainless Steel table.
1 Cooked Meat Slicer.
3 x Avery Computer Scales/ Cash Tills.
1 Cash Counting Machine.
1 Stainless Steel Handwash sink
1 Ceiling mounted Insectocutor.
1 Credit Card Machine.
2.Cutting Room
1 Stainless Steel Handwash Sink.
1 Large Stainless Steel Sink.
1 14ft x 8ft Walk in Chiller.
1 7ft x 6ft Walk in Freezer
1 4ft Butchers Block.
1 6ft Cutting Table.
2 x 4ft Cutting Tables
.2 x Stainless Steel Prep Tables.
1 Omega Vac Pack Machine (Cooked Meat).
1 Large Intervac vac pack Machine (Raw Meat).
1 Olive Douglas Tray Wash/ Utensil Washer.
1 Biro Band Saw.
1 Hobart 32 Mincer.
1 Manca Sausage filler.
1 Tray Wrap Machine.
1 Bacon Slicer.
2 Small Stainless Steel Tables.
1 Burger Press.
Various Knives/Saws/Cleavers.
1 Omega Veg Chopping Machine + Discs.
1 Potato Rumbler.
1 Scales + Printer.
1 Scale.
1 Snappy Sealer.
1 Boiler. | 3.Storage/Delivery Area
Shelving.
Various Trays.
1 Lockers.
1 x 8 Station Lockers
Cleaning Utensils and Dispensers.
1 Knife Sharpener.
2 x Stainless Steel Tables.
2 x Paxar Label Guns.
1 Heavy Duty Bizerba Scale (upto 150kg/300lb)
4.Prep Rooms
1 10ft x 6ft 6ins Walk in Chiller + Shelving.
5 x Mobile Stainless Steel Racks.
2 x J.Hunt 8 Station Pie Machines.Various Dies for Machines.
1 Hand Blocker
1 Ham Boiler.
1 Water Boiler.
1 Large Mobile Rack.
1 Combi Oven (Steamer).
Various Cooking Pots.
Various Utensils.
1 Dough Divider.
1 Pastry Sheeter.
1 Orbital Mixer.
2 x 2ft Stainless Steel Prep Tables.
1 8ft Stainless Steel Table1 6ft Stainless Steel Prep Table
2 x Grundy Bins.
1 Scale.
18 x 30 in’ Plastic Trays.
18 x 30 in’ Baking Trays.
1 Wall Mounted Air Con Unit.
1 Wall Mounted Digital Thermometer
1 Fly Insectocutor.
5.Bake House.
1 Chieftam 6 ring Gas Cooker.
2 x 10 Tray Salva Convection Oven (twin fan).
1 Baking Tray Trolley.
1 8ft Stainless Steel prep table.
1 4ft Stainless Steel table.
18 x 30in’ Baking Trays.
1 Stainless Steel Lectern.
1 Fly Insectocutor.
1 Wall Mounted Digital Thermometer | Premises:
The business operates from what was traditionally two adjacent terraced houses that were converted many years ago to provide over 1500 square feet of operational space on the ground floor. The ground floor comprises retail and counter displays with good shop frontage to the front of the building with side and rear access for deliveries. To the rear there is a store, rear yard, food prep areas, two walk in cold stores and walk in freezer. There is also a temperature controlled prep room and baking room for the pies and pastries production.
To the first floor there is a self contained 2 bedroom flat that currently commands a rental of circa £325/month as well as a one bedroom self contained flat that requires finishing. It is estimated a further £10,000 would complete the renovation and that this flat would command a similar rental to the 2 bedroom one. Both flats have individual entrances and do not interfere with the business operation.
Business Hours:
Monday Closed
Tuesday 0800-1700
Wednesday Closed
Thursday 0800-1700
Friday 0800-1700
Saturday 0800-1300
Sunday Closed
Security:
The premises are fully alarmed. | Advertising and Marketing:
Well established, this business has little need of advertising only occasionally using the local newspaper. It does however benefit greatly from the most effective form of marketing available, word of mouth recommendation.
The business has a limited website and also utilises The Yellow Pages in the surrounding areas.
Quality Assurance:
As well as meeting all of the stringent requirements of Health & Safety and the FSA, this business is a member of the National Federation of Food & Meat Traders. | | | Financial profile: | | The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The business is very stable with consistent historical turnover. Turnover for last year was circa £250,000 with Gross Profits of £121,000. The sale price represents an excellent investment opportunity.. | Employees:
As already mentioned the staff represent a key strength of the business. As well as the owner (a butcher by trade) who works by choice full time within the business the business employs the following personnel.
1 Full Time Butcher/Meat Manager
1 Full Time Baker/Bakery Manager
1 Full Time Trainee butcher (NVQ)
1 Full TimeTrainee baker (NVQ)
1 Part Time Retail Counter Sales
1 Part Time Delivery Driver
2 Saturday Girls on Retail Counter Sales
2 Saturday Lads on Cleaning
The staff structure is such that the owner is not required to work full time within the business but chooses to do so by his own volition. | Support and Training:
The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new Owners. | Reason for Sale:
The current owner is looking to move abroad | | Turner Butler Disclosure Statement: This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business') The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business. For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions. Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler. You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler. Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision. Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information. This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006 |
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