Asking price: £400,000

Sales revenue: £600,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This business has been established for approximately 28 years and is an excellent opportunity to acquire, a well established business specialising in processing and supplying locally caught fresh white fish to the wholesale market.

The business was established in 1980 and has a wide ranging customer and supply base, having become well known for being dependable and price competitive in the supply of top quality fish, which is delivered daily and processed quickly, ensuring absolute freshness.

A thriving busines with an excellent history of trading it has remained successful due to the quality of its product and service. Fresh locally caught white fish is delivered over a wide geographical coverage, and with fewer wholesalers than there were the company is trading further a-field.

The expert team prepares the orders and dispatches them to customers quickly and efficiently. The team understands the needs of their customer's to the exact specifications of their order - skinning, boning, filleting, steaking and gutting etc. with customers always receiving the very best in fresh fish.

Customer Service:

The business has established excellent relationships with customers and suppliers. They pride themselves on the ability to provide customers with the highest quality fresh fish to meet their every requirement.

Key Strengths:

The business is long established with a trained, loyal and experienced workforce. Both profitable and very well established it enjoys an excellent reputation for providing top quality fish, delivered quickly and on time at a competitive price.

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.

Annual turnover is circa £710,000 with Gross Profit circa £300,000.

Years established: 1980

Employees: An excellent strong team of ten full time staff are employed for the fish processing, all have been with the company for between 10 – 27 years and work well together.

Trading hours: 24 hours – 7 days manager /owner Working – 6.30am – 1.30 pm 5 days

Property: Freehold

Location
The business runs from well equipped premises.

The vendor owns the Freehold of the premises, which can be made available by separate negotiation or alternatively a new lease can be negotiated for the successful purchaser.

Expansion potential
There are excellent opportunities to increase the levels of business. Since inception this business has performed to a high standard and has earned wide-recognition for the quality of product it provides for its customers. It is considered that a new owner with fresh impetus and enthusiasm can further capitalise on the ever increasing opportunities made available to the company through its reputation. The vendor feels that a young and vibrant person could take this opportunity with the possibility of doubling the turnover in the near future.

Competition / Market
To date the business has not invested money on marketing with most business coming via word of mouth as the business delivers what it promises. Future investment in advertising and a company website could be a valuable asset.

Support & training
The vendor is happy to provide support and training to the new owner.

Reasons for selling
Genuine retirement sale in order to take life a little easier