Highly Profitable Delicatessen & Farm Shop for Sale in London

London, London
REF: INT2583

Asking Price:
£36,000
Annual Turnover:
£280,020
Annual Net Profit:
TBC
Featured
REF: INT2583
Photo of Highly Profitable Delicatessen & Farm Shop for Sale in London
Photo of Highly Profitable Delicatessen & Farm Shop for Sale in London
Photo of Highly Profitable Delicatessen & Farm Shop for Sale in London
Photo of Highly Profitable Delicatessen & Farm Shop for Sale in London

Overview

Tenure:
Leasehold
Established:
2022
  • Excellent Reputation
  • Very Loyal Customer Base
  • Well Equipped Business
  • Equipment Included
  • Locally Sourced Products

Now on the market is a unique deli and urban farm shop which operates a popular physical store in Crouch End and a successful online shop selling local, seasonal and sustainable produce. The e-commerce website is included in the sale.

The company has been trading since December 2020 and has built up a strong local customer base, as well as repeat online sales. Customers can opt to have their orders delivered within a three-mile radius, shipped UK-wide or come to the store in person. The business is known for its range of unique high-quality products from hyper-local suppliers, and its commitment to sustainability, organic produce, minimal plastic and low food miles.

Their product range includes award-winning dairy products, cheese, smoked salmon and charcuterie, bread from a top local sourdough bakery, organic fruit, organic meat, English wine, local beers, grocery items, biscuits, chocolates and sweets - plus ceramics, hampers and gifts. Their premises is extremely well-equipped and has also recently acquired a newly fitted industry-leading coffee machine, ideal for coffee lovers that taste the difference.

Currently, the business is being run by the current owner (part-time), along with 1 part-time member of staff. A friendly, reliable and cheap local courier does the local deliveries, and logistics are set up for door-to-door UK shipping Tuesday-Friday. Everything is established on Shopify, meaning the website and shop inventory are integrated and orders can easily be fulfilled for local delivery or UK shipping.

With equipment included and huge potential for further growth, this thriving business would be the perfect opportunity for anyone looking for a company, which takes a sustainable and ethical approach.

They have recently had approval for the below changes to opening hours,

Friday trading to change from 0900 - 1800 to 0900 - 1900
Saturday trading to change from 1000 - 1700 to 0830 to 1800
Sunday and Bank Holidays trading from 1000 – 1700

The business is ideally located in Crouch End, an affluent neighbourhood of North London (and recently named “the best place to live in London” by the Times for 2023) - there are several new property developments in the area, attracting further custom and increasing the volume of passing trade.

This ground-floor shop is beautifully presented with wood flooring, bespoke shelving, oak furniture, and branded tile panels.
At the front of the shop, fresh bread and cakes are displayed, with shelving for deli and pantry items. There are two large display fridges: one for meat, fish, charcuterie, and deli products and the other for cheese, wine and drinks.

Further on, you will find chocolates, sweets, biscuits, crackers, condiments, a section of beer, wine and spirits, a freezer with ice cream and chef-made ready meals. There is also a kitchen, toilet, storeroom and second storage area. The premises are protected by electric rolling shutters, CCTV and alarms for ensured security measures.

March - April 2023 marked a significant milestone for the business as it achieved its highest sales since its establishment in 2020, excluding the bustling holiday season. This impressive performance indicates that the business is thriving despite the prevailing economic climate, presenting immense potential for further growth.

Several strategies can be employed to harness this potential, including the addition of tables and chairs at the rear of the property to accommodate customers seeking a comfortable seating area, expanding the choice of ready-to-eat meals such as sandwiches, hosting evening events and opening on Mondays.

Finally, there is huge scope to increase website sales and subscriptions. The business already has a growing online presence, with Instagram and Facebook accounts, and a mailing list of over 1100, yet could be significantly increased.

The current owner is happy to offer an initial transitional period, to ensure a smooth and efficient business handover.

Features

Online Presence

Location

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  • Residential Location
  • Close to Local Businesses
  • High Footfall
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£18,000
Annual Rates
£900
Lease Term (Years)
5
Lease Expiry (Year)
2027
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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