Thomson of Thornton, Fife, KY1 4AH

Kirkcaldy, Fife
Freehold Price:
£600,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
214046
Reference
14795 A / Rightbiz

Details

BUSINESS
Hilton Smythe are delighted to bring to the market this fantastic opportunity to acquire, on a freehold basis, this long standing and well respected traditional local butchers. Thomson of Thornton has been family owned for over 50 years and has built an excellent local reputation for quality and service alike.

Our clients first took over the store in 1959 and it has remained in their careful ownership since; having thoroughly enjoyed running the business, they are now looking to sell, to allow them a well-deserved retirement.

Thomson’s only sells quality meats which are sourced locally and then prepared using traditional methods. The range of products has extended over the years to include steak pies, and their popular selling Lorne amongst many other products, all prepared using their own delicious recipes resulting in many loyal repeat customers using the shop.

In recent years the business has successfully expanded from not only retail shop sales but now generates approximately 65% of its business through pre-packing and labelling products to supply commercially to the likes of Spar shops, Nisa Local, local hotels, restaurants and care homes to name a few.

The current operation benefits from fantastic production facilities located on site with the owners having just invested in a modern bake house facility that will be ready to use in the coming months allowing for organic business growth and will even generate its own electricity with the installation of 34 solar panels.

We feel there is fantastic scope to increase turnover with the opportunity to create an informative website and expand the range of food stuffs and products further with a new operator, along with the introduction of a retail delivery service.

This is a rare and excellent opportunity for a new operator to take on a popular and well-established business in an excellent location with a growing population; a true turn key business opportunity with the benefit of loyal customers and an established supply chain.


LOCATION
Thomson of Thornton is located in a prime trading location, situated within the busy and thriving village of Thornton, Fife. The business benefits from ample on street parking and is surrounded by a plethora of shops and residential properties resulting in a good volume of repeat local and passing trade.

The village of Thornton lies between the larger towns of Glenrothes and Kirkcaldy, offering amenities such as primary schools, shops and a railway station for commuting. The business further benefits from being well positioned by car for the main A92 providing road networks to Dundee, Perth, Edinburgh, Glasgow and the rest of Scotland.

PREMISES
The premises benefits from an eye catching, bi-folding frontage, allowing the whole shop to be opened up during the summer months. The current owners have invested in a major refurbishment of the shop with it now being presented in true “turnkey” condition, with quality fixtures and fittings and a large feature chilled display / serving counter with a modern meat preparation area.

The shop also has a dedicated display area that gives customers a chance to see the full history of the business and, further benefits from a good sized private & well fitted office to the rear of the shop premises.

Service Area located to the rear of the main shop includes:

Avery Berkel electric semi —auto large bacon slicer,
2 x Turbovac vac packers,
Webomatic 3 phase large vac packer,
3 x Stainless steel prep tables ,
beech cutting block 4’ x 2’, 2,
Nylon cutting tables,
walk in chill 12’x10’,
2 x M200 Avery labelling scales and Avery 215 Scale.
Commercial Dishwasher
3 x Boilers
Double stainless steel sink unit
Other various industry specific equipment
Mercedes Vito Delivery Van

There is also a new bake house that has recently been completed but not yet in operation. Something which benefits from the 34 solar panels installed to help with the cost of electricity for the business as a whole.

Additionally, there are 2 x large external cold stores to be found to the rear of the premises along with 3 x lock up garages that are currently being used for storage. Due to the size of the existing overall plot there is still ample scope to further extend the business (subject to local authority planning consent).



TENURE
We are advised that tenure is offered on a freehold basis.

HOURS
The business currently operates:
Monday, Tuesday, Thursday and Friday 0800 – 1700.
Wednesday & Saturday 0800 – 1300.

STAFF
The business is run & managed by the current owner & 9 staff members.

FINANCIAL PROFILE
We are advised that the business reported a gross turnover in the region of £600,000 with a reported 41% gross profit.

OTHER
Well established existing business
Massive potential for growth
Ideal bolt on for existing similar business
Freehold property
Modern equipment includedBUSINESS

Hilton Smythe are delighted to bring to the market this fantastic opportunity to acquire, on a freehold basis, this long standing and well respected traditional local butchers. Thomson of Thornton has been family owned for over 50 years and has built an excellent local reputation for quality and service alike.

Our clients first took over the store in 1959 and it has remained in their careful ownership since; having thoroughly enjoyed running the business, they are now looking to sell, to allow them a well-deserved retirement.

Thomson’s only sells quality meats which are sourced locally and then prepared using traditional methods. The range of products has extended over the years to include steak pies, and their popular selling Lorne amongst many other products, all prepared using their own delicious recipes resulting in many loyal repeat customers using the shop.

In recent years the business has successfully expanded from not only retail shop sales but now generates approximately 65% of its business through pre-packing and labelling products to supply commercially to the likes of Spar shops, Nisa Local, local hotels, restaurants and care homes to name a few.

The current operation benefits from fantastic production facilities located on site with the owners having just invested in a modern bake house facility that will be ready to use in the coming months allowing for organic business growth and will even generate its own electricity with the installation of 34 solar panels.

We feel there is fantastic scope to increase turnover with the opportunity to create an informative website and expand the range of food stuffs and products further with a new operator, along with the introduction of a retail delivery service.

This is a rare and excellent opportunity for a new operator to take on a popular and well-established business in an excellent location with a growing population; a true turn key business opportunity with the benefit of loyal customers and an established supply chain.

LOCATION

Thomson of Thornton is located in a prime trading location, situated within the busy and thriving village of Thornton, Fife. The business benefits from ample on street parking and is surrounded by a plethora of shops and residential properties resulting in a good volume of repeat local and passing trade.

The village of Thornton lies between the larger towns of Glenrothes and Kirkcaldy, offering amenities such as primary schools, shops and a railway station for commuting. The business further benefits from being well positioned by car for the main A92 providing road networks to Dundee, Perth, Edinburgh, Glasgow and the rest of Scotland.

PREMISES

The premises benefits from an eye catching, bi-folding frontage, allowing the whole shop to be opened up during the summer months. The current owners have invested in a major refurbishment of the shop with it now being presented in true “turnkey” condition, with quality fixtures and fittings and a large feature chilled display / serving counter with a modern meat preparation area.

The shop also has a dedicated display area that gives customers a chance to see the full history of the business and, further benefits from a good sized private & well fitted office to the rear of the shop premises.

Service Area located to the rear of the main shop includes:

Avery Berkel electric semi —auto large bacon slicer,
2 x Turbovac vac packers,
Webomatic 3 phase large vac packer,
3 x Stainless steel prep tables ,
beech cutting block 4’ x 2’, 2,
Nylon cutting tables,
walk in chill 12’x10’,
2 x M200 Avery labelling scales and Avery 215 Scale.
Commercial Dishwasher
3 x Boilers
Double stainless steel sink unit
Other various industry specific equipment
Mercedes Vito Delivery Van

There is also a new bake house that has recently been completed but not yet in operation. Something which benefits from the 34 solar panels installed to help with the cost of electricity for the business as a whole.

Additionally, there are 2 x large external cold stores to be found to the rear of the premises along with 3 x lock up garages that are currently being used for storage. Due to the size of the existing overall plot there is still ample scope to further extend the business (subject to local authority planning consent).



TENURE

We are advised that tenure is offered on a freehold basis.

HOURS

The business currently operates:
Monday, Tuesday, Thursday and Friday 0800 – 1700.
Wednesday & Saturday 0800 – 1300.

STAFF

The business is run & managed by the current owner & 9 staff members.

FINANCIAL PROFILE

We are advised that the business reported a gross turnover in the region of £600,000 with a reported 41% gross profit.



£600,000
Listing Details
Freehold Price: £600,000
Tenure: Freehold
Location: Kirkcaldy, Fife
Sector: Butchers
Financials
Annual Turnover: £620,000
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