Archived
Extremely well established Wholesale Butchers for sale
Wembley, Greater London
- Asking Price: £174,995 +SAV
-
Turnover:
We are advised as per the 2021 accounts, the business generated a turnover in the region of £1,690,000. Full financials can be made available upon further request.
Please quote reference B06797
- Tenure: Leasehold
Please quote reference B06797
Hilton Smythe is delighted to present to the market, Hinsull Butchers, a very well established wholesale butchers with over 30 years trading history in and around Greater London.
The ‘Turnkey’ business opportunity is now being sold due to ill health, however, will come with a full business handover to ensure the smooth transition of its loyal customer accounts.
The very well respected wholesale experts have a very loyal customer list of 40 customers which consists of restaurants and takeaways.
Hinsull is a traditional catering butchers supplying all cuts of meat and poultry as well as pre-made kebab meat.
Our clients receive orders verbally from each account and organise the delivery to each area on specific days of the week.
We are advised, the current orders received are from repeat customers only or recommendations.
Key selling points -
- Regular turnover in excess of £1.5m per year
- Fully equipped double unit
- Walk in chiller & freezer
- Business handover offered
- Team of 6 people
- New lease term available
- Loyal customer base
- Significant opportunity for further growth
- Retail sales potential
Our clients admit they run the business to suit and due to ill health, they are now looking for a quick sale.
We recommend any new owner, investigate any of the following areas -
- Add window chiller to shop unit/develop retail sales
- Increase customer base - nursing homes, pubs, schools, hotels
- Extend current range - add burgers/sausages etc.
- Add new business website
- Add a social media presence
- New advertising campaign
- Extend opening hours
- Add online ordering facility
The sale of the business includes -
- 4 Cutting tables
- 2 Stainless steel tables
- 2 Bandsaws
- 2 Scales
- 1 Three phase mincer
- 1 Jet wash
- 1 Walk in freezer
- 1 Walk in chiller
- 1 Dishwasher
- 1 Vacuum machine
- 1 Sharp penning machine
- 4 Refrigerated vans
We are advised that the business has 2 full-time and 4 part-time members of staff.
The business hours are -
Monday – 7:30am – 2:00pm
Tuesday – 7:30am – 2:00pm
Wednesday – 7:30am – 2:00pm
Thursday – 7:30am – 2:00pm
Friday – 7:30am – 2:00pm
Saturday - Closed
Sunday - Closed
Hinsull Butchers is located on a busy parade of shops in North Wembley, North London.
The Wholesale Butcher is not open for retail customers and offers a full delivery service across Greater London, covering an area of approx 50 miles from the shop unit.
The regular list of customers include restaurants and takeaway businesses.
The ‘Turnkey’ opportunity will be offered with a new lease, covering the two units.
*** Consists of 2 units
Ground floor -
- Large preparation room
- Walk in chiller
- Walk in freezer
- Dishwashing room
- Meat cutting area
- Unused retail space
- Staff room/changing facilities
- Rear collection bay
Tenure
We are advised that the business is being sold on a Leasehold basis, with new lease/rent terms to be negotiated.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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