| (REF: EJ038) Wholesale Food Distribution Company Chilled Foods, Cooked Meats & Dairy Products |
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| Seller Reference: |
EJ038 |
| B4S Reference: |
14653 |
| Asking Price: |
£1,350,000
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| Net Profit: |
£200,000 |
| Sales Revenue: |
£4,200,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Greater Manchester, South East England, United Kingdom |
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This very well established wholesale food distribution company was set up over thirty years ago and in that time has built up a sterling reputation in the catering sector it serves so well. The business specialises in the sale and delivery of cooked meats, bacon, canned goods and dairy products, including continental cheeses, throughout the North West of England.
The company has grown year on year by understanding the individual needs of their customers. It has over 300 regular clients and these consist of both trade accounts(Including NHS, Local Authorities, Schools and Smaller Wholesales) and retail customers (Independent caterers, van sales operations etc). Trade customers account for 60% of sales, the remaining 40% being retail.
The company has invested heavily in its infrastructure over the years and this has enabled it to continue growing at the same time improving its service levels to customers. The business operates from superbly equipped premises (total area is circa 7,100 sq ft) and has a modern fleet of delivery vehicles. The company has grown to such a size that it now has over 600 product lines available meaning that it has become a key supplier to the majority of its existing customers.
The majority of clients are based in the North West and the company has developed comprehensive route plans to ensure customers enjoy regular on time deliveries, a must in today’s’ high speed catering sector. The company does have a small number of clients from outside the region and serves these via a highly respected and long serving sub-contractor.
The company ethos is to deliver top quality produce at a competitive price. The emphasis is placed firmly on the consistency and reliability of service, and providing the personal care and attention each customer requires and deserves.
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Property: |
Leasehold |
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Lease Terms: |
The business operates from superb modern leasehold premises, ideally situated on the outskirts of the city on a secure industrial estate. It is highly accessible and comprises circa 7100 square feet of warehouse, approximately half of which is refrigerated. There is large yard with ample parking and excellent security including external CCTV and weekend security. Current lease is a 15 year one with 5 years remaining. It is understood the landlord is prepared to negotiate a new lease with a new owner if need be. Annual rent is circa £32,000 p.a. Rates are circa £11,500 p.a.
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Current Rent: |
Annual rent is circa £32,000 p.a. Rates are circa £11,500 p.a. |
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Living Accommodation: |
No |
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The business does very little in the way of traditional advertising. All vans are sign written, this gives the company visual exposure and it does have a basic website that would benefit from further development. In saying that a lot of the business comes via repeat business and referrals such is the reputation this business has built. |
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The current market for this business is competitive but consistent and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Business operations are not at maximum capacity and there remains considerable scope for an increase in turnover and profit simply by gearing operations in line with current market demand.
The business is constantly offering new products and its product lines increase year on year which result in larger orders being received from customers. This also entices new customers to the business.
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The current owners would be happy to provide full training and support at handover.It is possbile that one of the partners would be happy to stay on as a consultant ashould a new owner so require, subject to negotiation. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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The two partners work full time in the business. In addition to this the business employs the following personnel.
• 2 Full Time Field Sales Representatives
• 5 Full Time Van Sales/Delivery
• 1 Full Time Van Assistant
• 1 Part Time Warehouse Operative
• 1 Part Time Bookkeeper
All staff have a good understanding of the business, can multi-task and share the company’s professional ethos. This flexibility ensures clients service levels are never compromised. Staff are a real asset of this business. |
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