Popular Dagenham butchers on the hunt for new owners
Butchers for sale in Dagenham, a “good old-fashioned butchers” based in Heathway Shopping Centre, has gone on the market as its owner seeks a well-earned retirement.
Mr Pearce is selling the business though the Hilton Smythe Business Sales team and is hoping it will appeal to one of the next generation of butchers in the region.
Mr Pearce said: “Cherry Tree Butchers is part of the community. We’re proud that all of our meat is locally sourced, and that our team are able to tailor our service to suit the customers. We can work within their budget to provide them with what they need, and it’s given us a solid reputation in Dagenham.
“Ideally, I’d like to sell to someone who will keep the spirit of the business alive, continuing to provide our loyal customers with the service they’ve come to expect, bringing knowledge of the industry, advice, and a great level of service. It’s long hours and hard work, but incredibly rewarding.
“Hilton Smythe has been fantastic in helping me find the right new owner to take on the business. The team has already helped me to sell four of my five shops, so I trust them to do it again with this one.”
Gareth Smyth, CEO of Hilton Smythe Group, said: “Butchers shops are a staple in many communities, as they are the experts in providing good quality cuts of meat, whether it’s for your barbeque, your Sunday roast, or your full English breakfast.
“We’d like to wish Mr Pearce all the best for a restful retirement after dedicating his life to the trade he loves. The reputation he’s built up for the Cherry Tree Butchers will go a long way towards helping the new owner to make a huge success of it.
“It’s a fantastic opportunity and I’m confident it won’t be on the market for long.”
For Sale Cherry Tree Butchers
£24,995 +SAV
The business sells a great selection of meats, cooked meats, a range of seasoned sausages and burgers all prepared in-house. Revenue is derived from the sale of quality fresh produce, supplied from reputable sources.
The business sees a lot of repeat trade in addition to passing trade and reports a healthy turnover
Buying a butchers shop with Hilton Smythe
Find out more about why a butchers is a great investment and why you shouldn’t give your business dreams the chop.
Butcher trends
The past few years have been more stable for independent butchers, with increasing willingness of consumers to shop based on factors other than convenience and price.
With more of us rejecting the plastic wrapped uniformity of mass-market retailing, packaging continues to be regarded as unattractive, with a downward trend for claims that packaging makes the meat look appetising. In fact, 91% of those who purchase fresh meat from the meat/butcher counter of a supermarket would be willing to switch to an independent butcher meat wrapped in paper to cut down on plastic packaging.
Opportunities for butchers
With scratch cooking firmly back in fashion, butchers have the opportunity to encourage consumers to cook with unusual or less popular cuts of meat, while multiple retailers tend to stock only the most popular cuts. Butchers can use their expertise to advise on the best cooking approaches and recipe recommendations to allow shoppers to make informed choices. The challenge now for butchers is to offer something different to draw people in.
As we see more movement towards ‘kitchen-ready’ meals that can be cooked easily within a certain time frame to fit around work, family and social activities, butchers could capitalise on this with pre-prepared meats.
Furthermore, with shoppers becoming more concerned about the environmental impact of their actions, sourcing locally could help alleviate some of their concerns. However, to follow the trend, butchers may need to think about introducing online shopping or click and collect options for convenience.
Independent butchers play an important role in the vibrant culinary and retail landscape of Great Britain and are fundamental to sustaining the agricultural industry, particularly farms local to the outlets. With the possibility of reduced meat consumption on the horizon there could be the potential that consumers will expect more from the meat they eat. And independent butchers are in a prime position to offer the customer locally sourced, traceable produce served with top-quality expertise and care.
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