| (REF: 1069NG) Nutitioanl Snacks Manufacturer With Blue Chip Client Base |
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| Seller Reference: |
1069NG |
| B4S Reference: |
26469 |
| Asking Price: |
£800,000
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| Net Profit: |
£155,000 |
| Sales Revenue: |
£964,203 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, Lincolnshire, United Kingdom |
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HISTORY
• The company is being offered on a share sale basis
• The two Directors started the company together in 2002
DIRECTOR ROLES
• Sales/financial (Director 1)
• Production over view (Director 2)
REASON FOR SALE
• Genuine retirement planning
• The Directors are open minded as regards to deal structures with the appropriate facilities, and are willing to negotiate with serious parties
PRODUCTS
The following ranges are sold:
• Homemade Flapjacks
• American style Muffins
• American style Cookies
• Cakes Slices
• Eccles Cakes
• Shortbread Biscuits
• Puddings
CUSTOMERS
• 120 strong customer base with 95% blue chip
• Debtor payments are averaging 54 days
STRENGTHS
• Both Directors are willing to conduct a detailed handover and open to negotiation for serious offers
• Regular repeat orders from schools and hospitals orders
• Blue Chip client base (approx 150 clients)
• Very limited competition in the niche area of nutritional snacks
• Product ranges have been developed in line with the needs of hospitals and schools
• Vendor is willing to help secure further orders from additional hospitals for a new owner
• Nut free production facility
• Individually wrapped products with a 13 week shelf life
• Merchandising and brand support
• Bespoke product ranges
• Majority of staff have been with the company over the longer term
• Snack ranges meet with standards set by hospitals for nutritional snacks
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Details of Accommodation: |
A detached industrial unit briefly comprising:
• Waiting area
• Reception
• Several offices
• Canteen
• Main production area consisting of extensive plant and equipment
• Good car parking and loading facilities |
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• Several national retailers have shown an interest in the product ranges and have started initial purchases. This is a huge area for growth with new variants of products
• Online sales
• Computerisation of the production process
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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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• Total of 26 staff including the two Directors
• 20 are involved in production,
• 2 are van drivers,
• 2 accounts/reception duties
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