Horse and Pet Food Supplier For Sale

Business description

This business represents a great opportunity for a partnership, husband and wife team or existing business trading in the same sector to acquire this well known and respected business.

The company specializes in retailing horse food and general pet food to a client base made up of racing stables, livery yards, private horse owners and veterinary surgeries. It holds a stock of feedstuffs only sourced from quality suppliers who deliver the goods pre packed and palleted for ease of storage and distribution.

The operation is one of very few who offer a free delivery service to a client base of around one hundred and thirty account and invoice customers based within a fifteen mile radius of the companies warehouse location. The business has established itself as one of the regions leading suppliers purely based on the quality of its products, the competitive pricing policy an ultra reliable service and free delivery.

Equipment:

The business operates two 7.5 tons curtain sided lorries , one 3.5 ton curtain sided van and a forklif truck.

Customer Service:

This is predominantly a business run by a husband and wife team who know every client personally and can therefore offer the sort of support and service that larger operations cant provide. Many customers have been dealing with the business for many years and know that telephone orders will be dealt with quickly and efficiently.


Key Strengths:

Well established with an excellent reputation
Premises offer ample room for growth
Relocatable if required
Popular free delivery service

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The business has increased its volume turnover year on year since 2007. It presently generates sales of around £620,000 with gross profits of circa £79,000. Net profits are in the region of £35,000.

Property information

Property:

Leasehold

Location:

The business is based in leasehold premises . The warehouse covers approximately 240sq ft and has one year to run of a five year lease. The property owner would be willing to renew the facility if required

Other information

Expansion potential:

The business has been grown to a size suitable for the requirements of the present directors who have additional commercial interests. It is therefore very important to note that all their business has come from recommendation and existing clients. There has been no attempt made to market the business either locally or via the internet. As such there is a huge untapped market within the confines of the county that has never been approached and to all intents and purposes are unaware of the services, products and savings this business can offer. In addition to which it would be a simple exercise to add a large number of equine and animal products and accessories to the range of available goods

Competition / Market:

The business does not carry out any form of marketing or advertising

Support & training:

The directors will be willing to stay with the business for an agreed period of time to make sure that the purchaser has a full and professional handover and is introduce to the client base and all suppliers.

Reasons for selling:

The directors have decided to concentrate on developing an existing property opportunity and have decided to sell the business to fund that project.