Project Cloud Leading Food Processing Company For Sale

Business description

Turner Butler has been appointed to invite offers of purchase for the entire issued share capital of a leading food processing company in the UK, supplying market leading products to some of the biggest names in the retail, fast food and foodservice markets.

Key strengths:

The Company has the following key attributes:

• sells to supermarkets, fast food, restaurant chains and catering companies;
• enjoys a market share in the sectors in which it operates of up to 80%;
• has invested consistently and extensively to stay at the forefront of the food processing industry;
• has a strong relationship with its customers, many of which it has served for a number of years;
• operates from its own leasehold premises – with freeholds available, subject to negotiation;
• the shareholders would like to retire and realise their investment, but are prepared to remain with the Company for a short period to ensure a smooth transfer of the business and
• a strong management team in place that can manage day-to-day operations.

The Company provides an acquirer with:

• a route into major supermarket retail chains;
• highly efficient production facilities that are food health and safety compliant;
• a stand alone business that trades very successfully and generates cash.

Financial performance:

For the financial year ending November 2010, the company achieved turnover of almost £23,000,000 with gross profits of £5,570,000 and Earnings before Interest, Tax, Depreciation and Amortisation of costs in excess of £2,000,000. The business has adjusted net assets of approximately £6,500,000.

Property information

Location:

UK Wide