Wholesaler of Chilled and Frozen Foods Pies Business For Sale

Business description

The business has been established for twenty one years and specialises in wholesaling cooked and sliced meat, frozen, chilled and ambient temperature food to the catering industry. They have established relationships with several food manufacturers across the UK. They specialise in cooked and sliced meat, delivering within the local area. The business has a freezer room, three chillers, a dry store and storage.

They have a turnover in excess of £800,000 with a gross profit of approx. 25% and good net and adjusted profits.

The company has built up a superb database that includes several long term repeat customers and operates from good but low overhead costs.

Property information

Location:

The premises are located on an industrial and consist of a large walk in freezer, three chillers and slicing / bagging prep area with storage and loading areas. They are on a 25 year renewable lease with 5-6 years to run and with three year rent reviews. Current rent is £14,000 pa and rent payable is £5,700 pa.

Other information

Expansion potential:

A move to give greater focus to chilled foods along with the current concentration on frozen products will undoubtedly produce increased sales and profits.

Competition / Market:

The company currently relies on word of mouth growth and the company website for advertising.

Support & training:

A handover period for a pre agreed length of time would be readily available in order to facilitate a seamless transition.

Reasons for selling:

After a long and successful career the directors wish to retire and hand the business over to a new owner who will drive it forward to the next level in its natural growth.

Trading hours:

Monday to Friday: 7.00 – 3.00

Contact the seller