Wholesale Catering – Food & Drink Supplier
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
Financials (USD)
Asking Price $1,068,782
Cash Flow Not Disclosed
Sales Not Disclosed
Converted From GBP
Exchange Rate $1.34
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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