Latest News from Everett Masson & Furby

What Sold In 2017?

The EM&F Group continue to see activity in all market sectors and whilst some sectors prove more popular than others, demand for well-priced, quality businesses remains high. So, if a business is well-presented and correctly priced it will almost certainly generate immediate interest. 

Catering businesses, in particular daytime Cafes and Tea Rooms offering easy menus, continue to prove popular as do Fish & Chip shops. Indeed sales of Catering businesses together with Fish & Chip shops accounted for over 36% of the businesses sold throughout the EM&F Group last year.  Completions in these sectors included The Upwey Wishing Well, a traditional tea rooms in Dorset, Selections Coffee Shop in Port Talbot, and Terry’s café in Exeter, Devon; amongst the fish & chips shops sold this year were Forest Town Chippy in Mansfield and Les’s Fish Bar in Crewe.

Sales of quality food shops were up last year, notably sales of Wholefood shops, Delicatessens and Bakers including The Wild Food Company in Malmesbury, Cottage Bakers in Dudley and The Cheddar Gorge in Ashbourne.  Despite there being less of these trades on the High Streets those that are available tend to have regular clientele and attract the nations foodies, generating a good profit which appeals to buyers.

As always, General Stores continue to sell well with an excellent conversion rate between new instructions and sales throughout the EM&F Group. In 2017 we sold a good number of General Stores ranging from the traditional style store such as The Village Store in Quainton, Buckinghamshire to a Londis store in Tintagel, Cornwall and One Stop Stores & Post Office in Chilwell, Nottinghamshire.

As well as the traditional sectors, the EM&F Group have an impressive portfolio of “Miscellaneous” businesses. Being slightly different from the norm, these businesses always generate interest and range from Manufacturing to Service Industries and On-line Retail Businesses to Wholesale and Distribution.  Amongst those businesses successfully sold in this sector were Lullaby Ltd – an Online Retailer of designer children’s clothes based in Cardiff, Sweet Sensations – a Wholesale Patisserie business in Devon and Westbury Cards – a Distribution business based in Bath & Bristol.

If you are thinking of buying or selling a business, contact EM&F Group on 01404 813762.

EMF Group

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