Business To Buy
Wholesale Catering – Food & Drink Supplier to Fast Food Establishments |
| South Yorkshire, ---Europe |
Ref No: AF145
Location: South Yorkshire
Asking price: OIRO £795,000+Net assets
Asking price includes:
Turnover circa £5,000,000 per annum
Gross Profit c£400,000
Net Profits c£225,000
Long time established family business
Leasehold warehouse and office
Expanding industry sector with huge growth forecast
Buying directly from the manufacturers
Very competitive supplier
Wide range of stock items
Circa 40-50 regular daily customers
Well equipped warehouse and cold store
Loyal and knowledgeable staff
All year round easy to run business
Very little competition in the local area
Profitable business with good cash flow
Superb growth and expansion potential
Goodwill
Business Profile:
This is a rare opportunity to acquire a family run business which is growing at a rapid rate with excellent growth potential over the coming years in an expanding market sector. They are a wholesale catering supplier specialising in providing lines for the fast food market. Their customers are predominantly independents, including, Chinese, Indian and Italian takeaways.
The business, which is the only one of its kind in the area, runs from two leasehold industrial units in South Yorkshire which have been converted into one large warehouse with a container cold room and large built in container feeezers. They stock over 1,000 different lines for the fast food market including, burgers, doner kebabs, meats, pizzas, chicken nuggets, bread buns, cheese, oil, flour, tea, coffee, packaging material and vitually everything you would need to run a successful take away store. This is truly a “one stop” supplier. They buy directly from the manufacturers in bulk, and because of their tremendous buying power, have become a highly competitive catering supplier, matching and beating any of their competitors. This is further enhanced by a speedy and efficient free, same day delivery service offered to their customers.
This is a profitable business which is easy to run and has a good cash flow. Customers pay promptly as they need regular and reliable daily supplies. This is a company that is growing rapidly in a market sector which continues to expand. As all our lives are put under more and more time restraints, take-away food will become a further and more important part of our everyday lives. Every day the company receive new enquiries from take-aways that are starting up in business and the long term future for these establishments is for further expansion.
Key Strengths:
Well established catering supplier
Regular repeat daily customers
Buying directly from the manufacturers
Growing market sector
Open seven days per week
Wide range of products
Good leasehold location
Well maintained warehouse with modern equipment
Computerised stock and order system
Small fleet of vehicles
Profitable business with good cash flow
Little competition in a densely populated area
Easy to run with excellent growth opportunities
Growth and Expansion:
The take-away market sector for food has been growing for the last few years and shows no sign of slowing. With the public working more hours and businesses staying open longer, take-away food has become a permanent fixture in all of our lives. This wholesale catering supplier has specialised in stocking all of the main lines that takeaways need and they are the only one of its kind in the local area, hence they have cornered a significant and expending sector of the food supply market. Everything from burgers to packaging materials are kept in stock and they currently have over 1,000 different lines immediately available, most of which they have purchased directly from the manufacturers allowing them to have a competitive advantage.
They have concentrated their efforts within a circa ten mile radius of the warehouse and been have highly successful in obtaining regular repeat business. With their first class infrastructure in place the company has a huge opportunity to widen the catchment area and secure new customers enabling them to increase turnover and profits.
Employees:
The company has four full time and six part time employees. There are two directors, a secretary who looks after all of the administration. There are five part time drivers and a part time warehouse assistant, all of which have fork lift truck licenses.
Premises:
The business operates from two industrial units in South Yorkshire which have been converted into one large circa 6,000 square feet warehouse with racking and storage. The warehouse has offices and reception downstairs with three container freezers and a circa twenty feet long cold room. There is also a built-in freezer and another circa sixty feet long cold room downstairs.
There are two separate mezzanine floors which are used as offices and for storage and there is a large yard outside for parking which also has two secure containers for additional storage space. The premises have security fencing around the perimeter plus a CCTV camera and an alarm system in the main building.
The leasehold premises has an agreement which runs until 2028 with current rent payable of circa £26,000 per annum with rates of circa £5,500 per annum.
Equipment:
All of the vehicles, stock and equipment are owned by the company and are included in the sale price for the business;
Two Mercedes Sprinter vans
One Dispatcher Fridge van
One LDV van
Two fork lift trucks ( One diesel and one electrical)
Five pump lifts
Three, thirty five feet long, container freezers
One, twenty feet long, cold room container
One, twenty feet long, built-in cold room
One, sixty feet long, built in freezer
Two, external, forty feet long, sealed containers
Computerised stock and order system with customer database
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The company is expecting a turnover in the current financial year of circa £5,000,000 per annum. The company has net assets of circa £100,00,000.
Reason for Sale:
This is a retirement sale.
Support and Training:
The owners would be happy to help with a smooth transfer of the business in any way possible. |
|
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Financials |
| Price: $795,000 |
| Gross Income: $0 |
| Cash Flow: $0 |
| FFE: $0 |
| Inventory: $0 |
| Real Estate Value: $0 |
About the Business |
| Office Reference ID: #AF145 |
| Year Established: 0 |
| Financing: |
| Training: |
| Facilities: |
| Competition: |
| Growth: |
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| Business Listed By |
| Name: Andrew Hudson |
| Company: Turner Butler |
| Phone: 01895 25 6000 |
|
| The information in this listing has been provided by the business seller
or representative stated above. BusinessToBuy.Net has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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