Asking price: £500k < 1m

Sales revenue: £1m < 5m

Net profit: £100k < 250k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
An opportunity has arisen to acquire the entire issue share capital of an established dairy and speciality food wholesale and distribution business located in Lincolnshire

The business was established in its original form more than 20 years ago and has an established reputation for the high quality of its products and for the service provided to its customers.

Highlights:

• Turnover in excess of £2,500,000
• EBITDA of £110,000
• Net Assets of £130,000
• High levels of recurring business from long standing local customers
• Established reputation for high quality
• Wholesale, packing and distributor of more than 1,000 products to over 400 customers
• Includes supply of own and registered products
• High levels of customer loyalty
• Immediate opportunities to significantly increase sales on a national basis
• Highly experienced, dedicated and skilled workforce

Reasons for selling
Retirement sale