Asking price: £350,000

Sales revenue: £400,000

Net profit: £175,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This company was established in 2002 and initially provided sandwiches and some soft drinks to companies on local trading estates. It quickly became apparent to the owner that a better return on capital and effort would be made if the route to market was to supply garages, shops and educational establishments.

By adopting this strategy the business has grown year on year and now supplies around thirty local retailers within a thirty mile radius of the business. More importantly the company has a number of written contracts to supply the Emergency services, Civic Centres, and schools. The contracts have a minimum of three years to run and are worth between £100,000 and £250,000. A new three year contract starting in the near future will add an additional £400,000 of turnover per annum. The business has recently been nominated for a National Business Award.

Years established: 2002

Employees: The business is well structured and capable of running un supervised by the owner.

Property: Leasehold

Lease terms
The cost of the unit is £1000:00 per month. During the initial twelve months of occupation a considerable investment has been made in new equipment and there is room within the premises for substantial growth.

Location
The well appointed premises are located on a small business park and cover an area of around three thousand square feet. The company moved into the unit a year ago and have four years left to run on a five year agreement. The cost of the unit is £1000:00 per month. During the initial twelve months of occupation a considerable investment has been made in new equipment and there is room within the premises for substantial growth.

Competition / Market
There is presently no marketing budget or structured sales activity

Support & training
A full and professional handover will be available. The period will be negotiated as part of the overall discussions.

Reasons for selling
The owner has decided to take some time out of commerce to attend to the needs of a young family. A non competition clause is available if required.