Asking price: £3,000,000

Sales revenue: £2,800,000

Net profit: £250,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Established in 1998 this business is now celebrating its tenth year of successful operation in the manufacture and distribution of specialised bread and related products. Originally founded with retail outlets served by a single bakery, the business has since franchised the retail outlets and invested in substantial production facilities to concentrate on the more lucrative area of production and distribution. Since then they have acquired some major contracts, now supplying major supermarkets and major chains as well as wholesalers, distributors and contract caterers. From that moment on the company has established itself as a major and reputable supplier in this industry, offering both standard and organic products.

Years established: 1998

Property: Leasehold

Location
This site has BRC Higher Accreditation and Organic Certification from the Soil Association. It has modern, full production facilities covering approximately 8,000 sq ft, consisting of goods in/out, storage area with ambient/chilled/frozen and blast freezing units, high risk production area, high risk food prep area, high risk despatch, low risk production area, low risk despatch and cooling areas.

With a renewable lease expiring in 2016 with 5 yearly rent reviews the current rent is £73,000 per annum and rates payable of approximately £ 33,264. The lease benefits from a tenant break clause in 2011

Expansion potential
There is an outstanding opportunity to build on the existing business levels and customer base of this business. With an ever increasing demand for this business's products and services, combined with the spare capacity still in the production facilities, a new owner contributing fresh ideas, focus and new levels of energy will be ideally placed to take this business to its next level of growth, which will continue for the foreseeable future.

Competition / Market
The business does very little advertising; they have however benefited from the most effective form of marketing available that of word of mouth recommendation, combined with regular repeat business.

Support & training
The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners.

Reasons for selling
Having recently started a family of their own the owners now desire to move back to their wider family base abroad.