| (REF: EJ032) Wholesale Potato Packing and Suppliers Potato washing, sizing, grading and packaging |
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| Seller Reference: |
EJ032 |
| B4S Reference: |
08958 |
| Asking Price: |
£475,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£1,625,000 |
| Number of Staff: |
11 |
| Established For: |
20 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
UNDISCLOSED, Lincolnshire, United Kingdom |
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This well managed business was established approximately 20 years ago and has benefited immensely from the directors many years of experience. Since inception, the business model has been based on strong traditional values, with potatoes sourced from local suppliers. The potatoes, mainly baking variety, are washed, graded and packaged ready for the wholesale and the catering sectors. The finished products are then sold directly to retail outlets, mainly market based.
The business has an active customer base of circa 100 customers, with 50 or more purchasing weekly supplies. Repeat sales levels are high, with this being attributed to the high levels of personal service, coupled with regular visits by sales personnel.
The vendor of the business, although reasonably satisfied with current levels of business and organic growth, feels that a new owner could expect to increase production by up to 50%, should demand be elevated through further marketing outreach.
The availability of acquisition of this remarkable company will appeal to a wide sector of investors and businesses already operating in the same or similar sectors. This appeal is enhanced by the vendors willingness to be retained for an extended period of time, (by separate negotiation, should the new owners require this) thus providing a seamless take up by the new owners. Therefore, with these factors in mind, we believe that early inspection is to be strongly recommended.
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Property: |
Leasehold |
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Lease Terms: |
The business premises are leasehold. Current yearly rental is circa £20,000, with rates coming in at circa £16,000 per annum. |
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Living Accommodation: |
No |
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In line with their traditional approach to marketing, the company has never advertised or developed an internet website, depending totally on the growth developed by direct customer contact. This may easily be seen as an opportunity by a new owner. |
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Full support and any necessary training will be provided during handover as part of a successful sale package. |
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The Director/Owner wishes to pursue other business opportunities. |
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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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Monday – Friday: 8.00am – 4.30pm |
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The company currently employs 9 full time and two part time staff, including the Director and a Shareholder. |
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