Asking price: £400,000

Sales revenue: £1,500,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Established in 2007, but with relevant experience stretching much further back, this is a thriving food distribution business based in the East Midlands. The company acts as suppliers and distributors to the hospitality trade in the Leicestershire and surrounding areas, including take-aways, restaurants and caterers. This leaves the business in the enviable situation of not relying on any particular clientele at any one time, whilst retaining a broad and ever growing customer base.

The business operates from a property with good road frontage in Leicestershire.

The company carries a large variety of food and drink lines plus catering products. The enterprise prides itself on its competitive prices as well as providing a reliable service to its customers.

Turnover has been steadily increasing since establishment of the business. The current owner believes that this business has considerable growth potential.

Equipment:

The sale of this business includes net assets worth £150,000.

Customer Service:

The business goal is to ensure that customers are provided with quality products, on time, and at value for money prices. The ability of this business to grow and sustain its profitability is due in no small part, to the quality of products, rapid response and pricing.

The business maintains excellent relationships with both suppliers and customers.

Key Strengths:

This business has great potential to develop by furthering the superb organic growth that the business is currently experiencing.

The business is very profitable, with a strong, large and growing customer base. The enterprise also retains a high level of repeat business.

The food distribution market sector is deemed by many to be an essential service, as food is a basic living requirement and therefore there will always be demand for essential catering goods.

Years established: 2007

Employees: The business employs 6 full time staff.

Property: Freehold

Location
The business is operated from a freehold property with good road frontage and comprising a warehouse and offices. Title to this property has been valued at approximately £400,000 by the current owner, and they would be wishing to sell it to the new owner if desired. The current owner would also be interested in negotiating a lease with the new owner. Rates are approximately £2000.

Expansion potential
The business is currently growing organically through increased supply and demand. The company could also be furthered by expanding product lines, moving to larger premises or opening other cash & carry operations in the area. With food and beverages being such essential products, the opportunities are endless.

Competition / Market
The business generates new business from trade awareness and the finest form of marketing: word of mouth recommendation. These methods are used to maintain strong customer rapport to get that important repeat business. If a buyer were to optimise additional marketing methods with this business, this would be an excellent opportunity for growth and expanding the client base.

Support & training
Full handover and training are available if required.

Reasons for selling
Diversification into India