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Butcher and African Food Centre for sale in Deptford London, Flavour on the High Street

Deptford, London, ID 212599

Butcher and African Food Centre for sale in Deptford London, Flavour on the High Street 1
Butcher and African Food Centre for sale in Deptford London, Flavour on the High Street 1
Asking price:
GBP£299 995
Turnover (per year): £600 000 gbp
Net profit (per year):£110 000 gbp
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Description

CoGoGo presents to the market a well-positioned butcher and African food centre located on busy Deptford High Street, London.The business offers a strong mix of fresh meat, African groceries and specialist food products, attracting regular local trade from the surrounding community.With Deliveroo registration in place, there is further scope to grow delivery, online ordering and local marketing.This is an excellent opportunity for an experienced operator to take over a high-turnover food retail business in a vibrant trading area.Early viewing is highly recommended.LocationThe business occupies a prominent position on Deptford High Street, London, benefiting from strong footfall, nearby residential areas and a diverse local customer base.PremisesThe business operates from leasehold premises arranged as a butcher and African food retail centre, with customer-facing sales space, preparation areas and storage facilities.TenureLeasehold. We are advised there are 12 years remaining on the lease, with an annual rent of £84,000.HoursTrading hours are owner-set and can be confirmed on enquiry.StaffThe business is operated with 6 members of staff.Financial ProfileWe are advised that the business generates an annual turnover of £600,000 with a net profit of £110,000.We are further advised stock is valued at approximately £85,000 and the assets at approximately £130,000. Business rates are advised at £1,330.

Details

Real Estate: Lease
Employees (ppl): 6
Asking price: 299 995 gbp
Turnover (per year): 600 000 gbp
Net profit (per year): 110 000 gbp
Rent (per year): 84 000 gbp

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