For Sale

Well Respected Traditional Family Butchers

Fareham, Hampshire

£79,950 +SAV

Ref: 14245 I

Contact sales negotiator

Rob Walker

01204556327

Email Rob Walker

Share this property
Share

Description

Hilton Smythe are delighted to present to the market Twells Tradition Family Butchers, established by our client in 2000 and now offered for sale due to our clients wish to retire.
The renowned family butchers is well known for the award winning burgers and sausages. The sausages are made on site and the menu offers over 45 different choices including its famous fat free sausage.
The burgers have received national awards and include 100% beef, chicken or turkey, Mo’s mighty meaty burger and kangaroo burgers are also great sellers. Our client also stocks a wide range of minced meat including extra lean mince and a range of other quality fresh produce.
85% is walk in retail sales and 15% to commercial catering accounts including residential homes, schools and cafes.
The butcher sources local farm meats including beef, pork, lamb and chicken and is particularly busy with BBQ packs in the summer. Other products include reduced fat curry sauces, meat rubs, jams and chutneys, free range eggs, locally made pies, pasties and sausage rolls. Our client is also very well respected for the choice of healthy option produce available.
There is a separate information stand with lots of ideas of how to cook your favourite meats and receipts. The business also has an informative website www.twellstradition.co.uk and video available to view on google.
Our client is happy to offer an agreed handover period to assist with the smooth transition of ownership.

Tenure

Leasehold

We are advised leasehold. A renewable lease is available. Rent is £9,600 per annum.

Hours

Tuesday to Friday 7.00am – 3.30pm
Saturday 7.00am – 2.00pm
Sunday and Monday closed.

Staff

The business is owner run and managed with the assistance of 2 part time members of staff.

Financial Profile

As per the 2016 accounts turnover is reported at £135,256 sales with gross profit at circa 50% and adjusted net of £45,000. We are advised in last 3 months July to Sept achieved sales of £33,814.

Location

Twells Tradition is located in the historic town centre of Portchester, nr Fareham in Hampshire. The renowned business is located in the town's main high street, sitting alongside other independent shops and major high street brands such as Iceland, Co-op, TBS discount store, Superdrug, Rowlands pharmacy and major banks including Lloyds.
The business also faces Fareham country market, Portchester library and several busy coffee shops.
There is a large free shoppers carpark directly behind the business which is a great boost for local businesses.
Portchester is a suburb 5 miles northwest of Portsmouth and located just off the busy M27 south east to west motorway. The mainline station is less than 2 mins walk away and journey to the centre of Portsmouth and harbour is only 29 mins.

Premises

Vibrant signage and chilled window display, highly visible to passing trade.
Retail area - 3 m flat open window chiller, 2 x glass fronted display chillers, glass fronted sauce fridge, menu card rack , till , card machine , electronic scales , wooden / marble display dresser , 2 x stainless steel tables , sausage maker, mincer, stainless steel prep sink and hand wash sink. 3 x 4 m walk in freezer.
Rear prep area - fully tiled room with large butchers’ block, electronic scales, store cupboard, vacuum packer, staff toilets, 6m x 3m walk in chiller, double stainless steel prep sinks, large ham boiler, 3 x stainless steel prep tables, store cupboards and shelving and fan oven.
Staff area.
External - rear bin store area and access to car park.

Read some of our helpful guides and blogs

Blogs

10 brilliantly designed restaurants in the UK

7th October 2016

As a Business Brokers, we’ve come across many restaurants all different sizes […]

Blogs

10 ways to advertise your business for free

28th May 2015

Advertising can be expensive, however when you’re just starting out or are […]

Blogs

4 things to consider when you sell a business

4th January 2018

Every major decision requires careful thought and consideration, and very few decisions […]

Blogs

4 ways to attract buyers to your Fish & Chip Shop

19th February 2018

Despite the ever-increasing range of fast food options available to us in […]