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the UK marketplace for company sales

Family butchers & bakers

Reference
S11803
Turnover
£1m to £2m
Sector(s)
Food & drink, Retail & wholesale
Region(s)
East of England
Added
10 July 2024

Business description

Consistent annual profits - turnover has increased over the previous three years by 36%.

Business located approx 10 mins walk from Lincoln city centre in a residential area.

Has its own car park with parking for 4 cars along with roadside parking to the front and side of the shop.

To the front of the premises is the retail shop, with catering/cutting area to the rear (including

2 x walk in fridges).

office space and ambient storage above

separate manufacturing unit (including 1 x walk in freezer).

2 storey bakery.

2 storey ambient storage.

2 additional walk in freezers and 1 additional walk in fridge.

All freehold.

Highlights

The business uses locally sourced produce from suppliers with whom they have built up a fantastic working relationships over many years.

Full traceability of product.

Many original recipes and tried and trusted methods handed down through the generations still in use today.

Pride themselves on our high level of quality customer service delivered by our long serving members of staff.

Repeat customer relationships with many local people going back many years.

Over 3000 followers on Facebook.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 1,126 39
2022 (Actual) 1,337 102
2023 (Actual) 1,555 171

Opportunities

  • online orders and home delivery. 
    • convert business from analogue to digital throughout. 

Reason for sale

Retirement 

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