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Business for sale in United Kingdom - Ej022-meat wholesaler

Asking Price: 900,000 £ Real Estate: Lease
Sales Revenue: 2,400,000 £
Net Profit: 120,000 £
Year Established: 1994
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/West Yorkshire/Abbotts Ann

Business types:

Retail

Business categories:

Food Stores

Business description

this is a unique opportunity to obtain a meat wholesaler with a strong reputation for supplying high quality meat to circa 300 regular repeat customers. These customers include, other meat wholesalers, butchers shops, hotels, cafes, restaurants, schools and canteens. The company was formed by the owner in 1994 and has grown over this period. There are two integrated factories, one for the boning and the other for catering production. The company has invested heavily in all necessary, packing, grinding, slicing and weighing machinery required for the effective and efficient produstion of packaged meat products. These meet all the required quality standards, set down by the uk food standards agency. The factory is an ec licensed cutting plant for utm & otm cattle. The owner looks after the buying of the meat, which comes from 6/7 local abbatoirs, who understand the demands of the product which the company requires. They trade in beef, pork, lamb and poultry plus supply good ammounts of sausages and mince to the trade. The business trades profitably with all of their customers being insured or paying by cash. Most of their repeat customers are within a thirty mile radius, with a daily delivery service provided from one of their small fleet of refrigerated vans. Customer service: speed of service is essential to their customers, and the staff understands the importance of high quality service levels. These high standards have helped the company retain and increase the level of business the company has achieved. The company has a small fleet of refrigerated vans, which deliver daily to their customers. Other customers are allowed to phone their orders into the office and collect in the same working day. Key strengths: this small company has an excellent reputation, for supplying quality wholesale meat products. They have a large volume of business from a wide customer base, which is growing all the time. Profit margins are good, and the company has a low level of bad debt. There is excellent scope for growth for the company, and there is a large spare capacity within the factory. The business is well run, with an excellent team of skilled and conscientious workers, who pride themselves on the high standards they have set. Growth and expansion: the company has spare capacity in the factory and there remains scope for an increase in production to bring in further turnover and profits. The owners realise that there is an opportunity to create an internet site, which could bring in new customers plus they have not looked at approaching other significant end users such as nhs and government bodies to obtain further contracts. The company has no marketing or advertising budget. They obtain all of their business by word of mouth recommendation. A small amount of investment in a sales drive would immediately reap rewards with the high quality and service which is provided. Key opportunities: this is an outstanding opportunity to build on the existing products, services and customer base of this business. With a strong demand for the product combined with a capacity to increase turnover, a new owner contributing fresh ideas and energy, will have every advantage of building on an excellent, existing platform. Geographically, the business is well positioned to expand its services along the m62 corridor and along the m1 motorway.

Additional information

Additional information: Not Disclosed
Support & training: Both the owner and his partner would be happy to help out with a smooth transition of the business and help in anyway possible.
Reasons for selling: The owner has been in the meat trade all of his life and believes he would like to take a change of direction for him and his partner.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: There are two adjoining factories, one which is used for boning and the other for catering production. The two factories have plenty of storage area and house a large cold store and large fridge and freezer. There are two offices and there is a canteen and a toilet/wash area. Total work area is circa 5,000 sq. ft. The property is owned by the vendor and is willing to negotiate an attractive lease to a prospective buyer.

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