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(REF: EJ040)  Wholesale Potato Merchants
 
Seller Reference: EJ040
B4S Reference: 16371
Asking Price: £175,000
Net Profit: Undisclosed
Sales Revenue: £364,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Lincolnshire, Lincolnshire, United Kingdom
  Business Summary   
  This is a great opportunity to acquire a long established family business, which has been wholesaling potatoes since 1948. They are famous in the surrounding areas for supplying peeled, chipped and pre-packs of jacket, new and salad potatoes to pubs, restaurants, fish & chip shops and even other local merchants.

They are known as a strong buyer within the industry purchasing in bulk directly from the farmers. They have strong working relationships with their suppliers and pride themselves on being prompt and good payers within the trade. On delivery of the supplies they grade, clean, wash and package the product ready for sale to the wholesale and catering trade of which they have a large database of regular repeat customers.

The business runs from a leasehold site with offices and grading shed with a separate chipping factory nearby. There is a small team of staff who look after the administration, grading, chipping and delivering of the products.

The owner has decided to sell the family business after many happy and prosperous years in the trade. This would be a perfect bolt-on to someone already operating in the same or similar market place, or for anybody new to this market as the vendor has suggested that prior knowledge of the industry is not necessary to take on this business. The vendor has also stated that he will be prepared to stay on until new owners are happy that they can successfully manage the business themselves.
  Property Information   
  Property: Leasehold
 
  Lease Terms: The business runs from a circa 0.25 acre leasehold site with offices and a circa 3,000 square foot grading shed and storage with a yard outside which can handle all sizes of lorries for deliveries. There is a small garage area for repairs and store of vehicles overnight. The rent for this site is circa £10,000 per annum with a negotiable period available.

There is a second small leasehold shed which is used two days per week as a chipping factory. The lease is on a six month rolling contract and is £4,000 per annum.
 
  Current Rent: The rent for this site is circa £10,000 per annum
 
  Living Accommodation: No
  Competition   
  N.A.
  Growth Potential   
  N.A.
  Support and Training Offered   
  The owner would be happy to help with a smooth transfer of the business in any way possible. He would be prepared work with new owners until they were comfortable that they could run the business successfully.
  Reason for Selling   
  The owner has now reached retirement age and with no one else within the family to carry on the business he has reluctantly decided to sell. Businesses such as these rarely become available and a swift viewing is highly recommended.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  N.A.
  Summary of Staffing   
  There are four full time employees within the business and one part time worker. The owner looks after all of the buying and selling of the product and administration within the business.





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