Butcher of prime meats for the Catering Sector - East London - Business for sale

Turnover circa £500,000 per annum
Gross Profit for 2010 circa £133,000
Net Profit circa £53,000
Assets valued circa £25,000
Asking price excludes cash reserves of circa £200,000
Stable long-term trading history with excellent profit levels
Extensive list of clients across London and the South East
Exceptional reputation for the supply of Prime-cut meats direct to industry professionals
Minimal direct competition serving same clientele
Streamlined operations managed by long-serving key staff
High levels of recommendation and referral from high profile Chefs
Fully EEC registered with EEC stamp of approval number
Training and Handover
Goodwill
This business has its roots going back decades. After successfully joining his fathers? butchery firm from apprenticeship in the 1970?s, the vendor decided to branch out and run his own business in 1984.