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Business for sale in United Kingdom - Af124-food manufacturer and wholesaler of pasta sauces, marinated olives, ready meals and other mediterranean based produce-

Asking Price: 245,000 £ Real Estate: Lease
Sales Revenue: 600,000 £
Net Profit: 90,000 £
Year Established: 2009
Employees: 4FT, 1PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of Nottingham/Nottingham

Business types:

Manufacturing

Business categories:

Food & Beverage Manufacturers

Business description

this is a business that has been trading under its current fascia since april 2009 but has over twenty five years of experience within the wholesale food service. The owners have developed a superb manufacturing and wholesale food supply operation, providing excellent quality mediterranean foods and ingredients, to caterers, pubs, restaurants, coffee bars, universities and delis across the east midlands region. Products such as antipasti, bread, pasta sauces, ready meals, cheese & dairy product, oils & dressings, pizza bases & toppings plus many other ingredients for cooking. The owners have maintained their customers over the years and have a large loyal database of regular repeat clients, leaving the business in the enviable situation of not being reliant on any one customer. The business operates from a modern purpose built industrial unit which has everything associated with a food manufacturer and wholesaler of such high quality produce. Turnover has grown quickly over the first six months since the formation of the company, and is set to grow consistently in the near future. New owners have an ideal opportunity to purchase an established, but young business, with everything in place including equipment, recipes, supply chain and customer base, and take advantage of a market with huge growth potential. Equipment: all of the fixtures, fittings and kitchen equipment necessary in the running of a food manufacturing and wholesale business are included in the sale. There are two fully fitted production kitchens with a bake off oven, a cooking range, walk-in fridges and freezers and a full extractor fan. There are three vans in the company of which one is wholly owned and the other two are leased. Customer service: this business knows exactly what catering organisations need from a supplier – value, quality of product and a first class delivery service. Twenty five years of experience in the industry has helped them achieve the excellent standard that their customers now expect from them. All the ready made meals and sauces are produced in small batches with no flavourings, no colourings or preservatives and are cooked to order. The value for money on such high quality produce is amazing. They import directly from small individually sourced producers in italy, spain, france and greece reducing the cost to the customer whilst maintaining the quality of the product. The factory uses tried and tested quality assurance procedures helping them maintain their reliability. Orders are received on a daily basis whilst contact is made with customers by phone on a regular weekly basis. The orders are delivered within 24 hours by their own small fleet of liveried vans. The company are happy to deliver emergency orders and offer free delivery on all orders over £75 within a twenty mile radius. Key strengths: the business has great potential to develop by continuing with the sound business principles that the owners have put into practice. Simply, provide high quality foods with an excellent delivery service at a fair but acceptable price. The business has a large database of existing customers who continue to buy from the company’s wide range of products. Turnover is growing quickly with profits to match. Cash flow is good, as you would expect, from a food company who delivers on a regular base. If clients don’t pay they don’t get their goods. There is a fully functional website and the company advertises in the guild of fine food. There is no other marketing or advertising budget. The food distribution market sector is an essential service, and as a basic living requirement food will always be in demand. The owners believe that this business is set to grow very quickly as they have put a popular mix of mediterranean foods together. Growth and expansion: this is an outstanding opportunity to build on the effort and investment that has been put into this company by the vendors. They believe that with new owners bringing fresh ideas and enthusiasm into the company the future for the business is excellent. The vendors have been asked about starting up a cash counter were customers can call if they just need to buy small amounts of product. This would bring in extra cash on a regular basis.

Additional information

Additional information: Not Disclosed
Support & training: The owners would be happy to help with a smooth transfer of the company in any way possible.
Reasons for selling: The owners have worked happily for the past twenty five years in the food catering industry. They have now reached a stage in their lives where they want to retire and emigrate to Italy and to take life easier. This is a wonderful opportunity for someone
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The rent is circa £30,000 per annum with rates of £11,000 per annum. The lease term is negotiable.
Location: The vendors are the owners of this modern purpose built production unit which is located on an industrial estate on the outskirts of Nottingham. The unit is circa 5,000 square feet with three offices, two kitchens and a fully racked warehouse. The rent is circa £30,000 per annum with rates of £11,000 per annum. The lease term is negotiable. The owners would however, be prepared to sell the property subject to a full valuation.

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