EK013-Manufacturer & Distributor of Specialised Bread & Bread Products plus Retail Franchise Operation
Advert ref: #1919
Category: Food -> Food & Drink Distributors
Location: England -> South East -> London
Category: Food -> Food & Drink Distributors
Location: England -> South East -> London
Business for sale
Asking Price:
£3,000,000
Turnover:
£2,800,000
Annual profit:
£250,000
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
10
Employees:
No
Photos:
No
Ownership:
Sole trader
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.After some heavy capital investment in the business to achieve customer growth and market position the business is now poised to show impressive results with turnover this year realistically forecast at £2.8 million. With further investment in the somewhat neglected part of the business, the franchising side, there could be even greater growth potential in the foreseeable future.
The premises are ideally positioned close to the main arterial roads and motorways of North London which allows quick and easy access to the bulk of their customer base. Because of its reputation the business has built up a very substantial customer base many of whom have been with the company for several years and this is due to the exceptional levels of quality, service and value for money provided. The client base is a good mix with inroads being constantly maintained into new customers, in particular the large supermarket chains, as well as increasing the product range sold into their existing customer base.
In what can be a fairly competitive industry, this business is experiencing continuing growth and improving margins, fuelled by its dedication to quality products, service and its high level of attention to detail. This business offers a very personal and courteous service, with customer satisfaction its prime objective.
With current turnover of approximately £2.8 million p.a., this is an excellent opportunity to acquire a well-established and lucrative business highly regarded for its quality products and customer service and a steadily increasing and loyal customer base. A new owner with new ideas, energy and enthusiasm will be ideally placed to build on this already successful and profitable business platform.
