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31.
August
2018.
Bury Market cooked meat supplier and sandwich bar seeks new owner

One of Bury Market's most prominent food outlets has been put up for sale by its owners. Karan Thomas and Louise Macmillan have instructed Bury-headquartered Blacks Business Brokers to find a new owner for Bury Home Cooked Meats, with a guide price of £54,950 plus a weekly rent of £300.

Bury Home Cooked Meats, located next to the entrance to Bury Market's bustling Fish and Meat Hall, was established by Miss Thomas and Miss Macmillan nine years ago. The business, which has expanded rapidly, now occupies two adjoining units and sells a range of hot and cold meats as well as fresh pies and sandwiches.

In addition to its owners the business employs four staff, who would be happy to stay on following a sale. It currently only opens on Bury Market's three full market days - Wednesdays, Fridays and Saturdays - and in its most recent financial year turned over £135,000, yielding a gross profit of £61,500.

The business is fully equipped, with four large display fridges at the front of the stall. The preparation area to the rear includes a Rotisserie Euro Grill, commercial fridges and freezers, electronic point of sales system with integrated scales, vacuum packer and meat slicer, among other items of equipment.

Miss Thomas and Miss Macmillan, who both live in Blackburn, have decided to sell in order to reinvest in a new business closer to home, having concluded that the two-hour round trip commute to Bury is not sustainable for the long term. Miss Thomas's family own one of the longest-established businesses on Blackburn Market - Green's - which started life in 1865 as a poultry supplier and now sells a full range of raw and cooked meats.

Courtney Cummings, marketing facilitator at Blacks Business Brokers, said, "Bury Home Cooked Meats is one of the busiest, best-established stalls on the market and - not surprisingly given Karan's background - has developed a product range that fits really well with the market's clientele.

"It's a great business already but a more locally based owner could potentially develop it further by opening for up to six days a week rather than just three and, for example, expand the hot meat offering or grow the lunchtime takeaway side of the operation. Wholesale deliveries to other local businesses could be another avenue for a new owner to explore."

Bury Market, which won Market of the Year in 2015, is the biggest market in the North West of England. Established in 1444, during the reign of King Henry VI, it attracts hundreds of thousands of shoppers every week, many of whom arrive on organised day trips.

All enquiries should be directed to Blacks Business Brokers on 0333 370 0000 quoting reference 6391.

- Ends -


Notes to editors

About Blacks Business Brokers

Blacks Business Brokers has successfully sold thousands of businesses since being founded in 2008 by owner and managing director Chris Rowlands. It operates nationwide, selling everything from high street coffee shops and hair salons to manufacturers and engineering companies.

Blacks is headquartered in Bury, Greater Manchester and has offices in London and Leeds. It employs in excess of 30 staff who are able to broker deals worth anything from the tens of thousands to several million pounds.

Blacks Business Brokers is a member of the Institution of Commercial and Business Agents and the National Association of Estate Agents.

For further information please contact:

Chris Rowlands
Managing director
0161 763 5000
ckr@blacksbrokers.com

Stuart Anderson
Alpha Public Relations
0161 791 0811
sanderson@alphapr.co.uk

www.blacksbrokers.com
@BlacksBrokers

 

 


 

Blacks Business Brokers Ltd

17 St Marys Place

Bury

Lancashire

BL9 0DZ

t  | 0333 370 0000

t  | 0161 763 5000

e | info@blacksbrokers.com

w| www.blacksbrokers.com

 

 

  The Property Ombudsman Commercial

 

The Institution of Commercial and Business Agents

 

 

The National Association of Estate Agents

Registered Office: 15-17 St Marys Place, Bury, Lancashire BL9 0DZ Company number 06648404