Sold

Rare And Exciting Opportunity For A New Owner.

Stratford-upon-Avon, Warwickshire

£125,000 +SAV

Ref: B04371

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Description

Hilton Smythe welcomes to the market, Cotswold Eggs Limited.Cotswold Eggs was established in 1972 in the Cotswold village of Armscote. It has been run successfully and lucratively by the current owner for the last five years in Clifford Chambers which is only a few miles from its original location. The business is now being sold, albeit reluctantly and with a heavy heart only so that the owner can enjoy a well-earned semi-retirement.Cotswold Eggs, as the name suggests is a supplier of free range, organic and farm fresh eggs including quail and duck eggs. All the eggs supplied are sourced from local farms in the Cotswolds and the surrounding areas and the majority (80%) come from just outside Gloucester on the banks of the River Severn. The business offers 4 sizes of eggs which are delivered throughout the Cotswolds towns and villages and surrounding counties including;• Gloucestershire • Warwickshire • Worcestershire • Oxfordshire • West Midlands.The business has a great reputation and customer base and the customers range from large Supermarkets to farm shops, from hotels and pubs to guest houses and restaurants to cafes along with caterer’s bakers and butchers.The sale will include the company website (cotswoldeggs.co.uk) and Facebook page (106 likes at Instruction) and the business enjoys great visibility on the internet.Scope to Improve1. Advertising and marketing campaign 2. Maximise the use of social media 3. Canvass Local businesses with a view to becoming their preferred supplier.4. Employ a sales manager to achieve the above5. Expand geographically.Reasons to Buy1. A well-established business with an enviable reputation and many existing customers 2. Low running costs with inexpensive rent and no business rates.3. Ideal owner managed or husband and wife / father and son business. Would also suit an active retired person.4. A lifestyle business offering the opportunity to earn a good living on relatively part time hours.5. A real opportunity to increase turnover significantly. The current owner has been running this business alongside his other business interests. An ambitious and entrepreneurial new owner could take this already thriving business to the next level.6. Little or no competition locally 7. Current owner would be happy to offer a handover to ensure the continued success.Hilton Smythe highly advise early viewing to avoid disappointment. This great little business is likely to attract considerable interest.

Tenure

Leasehold

We are advised that Cotswold Eggs is being sold as a leasehold business opportunity.The existing lease has two years left to run although we are further advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner. The rent is a reasonable £7800 Per Annum.We are advised that the business benefits from being exempt from business rates.

Hours

Hours are to suit our client at the moment, but a new owner could extend opening times.

Staff

The business is run and managed by our client with the help of a self-employed delivery driver.

Financial Profile

Cotswold Eggs Ltd generated an advised turnover of circa £215,000 as of the 2017 accounts with an adjusted net profit of approximately £46,000.It is important to stress that turnover has been higher previously but that the business is currently being run at a pace to suit.

Location

Cotswold Eggs Limited is located in Clifford Chambers, Stratford in the county of Warwickshire.Clifford Chambers is a village two miles south of Stratford-upon-Avon town centre in Warwickshire. It is on the B4632 road and one mile south of the A3400. Stratford is 22 miles from Birmingham and is easily accessible from junction 15 of the M40 motorway.Birmingham Airport is 18 miles to the north west with scheduled flights to many national and international destinations.Cotswold Eggs Limited is ideally situated in a generous industrial unit at Stratford Agri Park alongside other complimentary businesses. There is free parking immediately outside the premises.

Premises

Cotswold Eggs is situated in a generous, inner terraced industrial unit and briefly comprises;Main Work Area • High ceilings and generously proportioned with roller doors to front and rear,• Useful mezzanine storage area, • Heavy duty shelving, • Packing table,• Floor storage space• Room for parking a number of vehicles, • Two pallet trucks.Double doors lead to:Storeroom Good sized store Room with egg grading machine.KitchenWith a range of base units with complimentary worktop, stainless steel sink and drainer, space for fridge.OfficeGenerous office with window and door to front, ample space for desks, filing cabinets etc.Disabled WCWith hand wash basin and hand railsWCFurther staff toilet with hand wash basin.

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