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BUSINESS REFERENCE : EP001 / RightBiz EP001-NORTH EAST-£575,000 -MANUFACTURER, WHOLESALER AND DISTRIBUTOR OF BIRD FOOD | | | | | | Manufacturer, Wholesaler and Distributor of Bird Food Confidentially offered for sale Ref No: EP001 Location: North East Leasehold Asking Price: £575,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Manufacturing | | TRADE TYPE: | Food & Drink Manufacturing | | SALE: | Agent Sale | LEASEHOLD: | £575000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Established in 1966 as a retailer of pet foods, the business has grown into one of the leading manufacturers and wholesalers of bird food in Northern England and Scotland.
The company manufacture bird food under their own brand name, in their plant in the North East. The feed is wholesaled mainly to pet shops, retailers and pigeon clubs, together with other top branded bird food from Belgium and Holland.They have over 30 different types of food available and sell, small bird seed ,canary seed, linseed, rape seed, niger seed and other accessories including,vitamins, minerals, remedies plus wooden huts, feeding trays etc.
The business has a solid retailer database of over 200 regular, repeat customers with over 100 other clients who also buy from them. They have their own transport and deliver to all areas on a weekly basis.
The business is profitable with low overheads and there is definate growth potential for the company.
Equipment
Extensive manufacturing plant is included in the sale of the business. The plant has an external silo, which is fed by a conveyor and elevator for tipping grain etc. The silo has a CIMBRIA cleaner with various screen sizes for different types of feed, which link into twelve internal silos, each holding up to 30 tons of clean material (wheat/maize etc). The silos are all linked via computer to help differentiate the amount of each material necessary for the specific feed type. The quantities of feed go on to a vertical mixer, then transfer to the fully automated bagging plant, which bags, packs & stitches the individual feed type.
There are two fork lift trucks, and two delivery trucks. One is a 26 ton truck and the other is a Daf Artic 4 ton truck with electric tail lift trailer and pallet truck.
Customer Service:
The business deals only with bulk sales of feed with a minimum order of one ton(40 bags). They keep in stock over thirty different types of bird seed and other ancillary bird products.
Delivery to all areas is made within one week of receipt of order and their products are extremely competitive as they are delivering directly from the factory.
Key Strengths:
The company has concentrated its efforts on manufacturing and supplying a specific area of the pet food/animal feed market. Therefore they have become experts on all aspects of the bird food market, offering their customers a superb product at competitive prices with a regular delivery service
Growth and Expansion:
The owner has been in this market for over 30 years and has created an excellent business model without taking on any new projects over the past years. A new owner with fresh ideas and enthusiasm would be able to build on the solid foundations of this business and take the company to another level.
Whilst the company has a solid database of over 200 regular repeat customers, they have no direct sales force or agents promoting and selling their attributes. Retail opportunities exist by supplying, cash & carry centres, garden centres and also by taking their brand into the Midlands and the South of England.
Employees:
The owner looks after the daily running of the business, the buying and the administration. There are four other members of staff comprising two drivers and two warehouse/manual production workers.
Advertising and Marketing:
The company regularly advertises in Pigeon and Bird periodicals and exhibits at the Pigeon shows at Blackpool, Doncaster and South Shields.
There is no web-site at present, and the owner realises that this is something which would create extra business in the future
Premises:
The large premises are circa 10,000sq.ft. This comprises of a purpose built warehouse with a goods in delivery area, a separate production line area, packing area and large storage area with a small amount of racking( most of the production is stored on pallets). There is a small office and staff area within. Outside is a large car park and yard.
Rent is circa ₤24,000 per annum with a fully negotiable period available, and the premises are zero rated.
Inside the warehouse there is spare capacity and room for a mezzanine floor if required. Outside there is land available for expansion.
Business Hours:
Monday – Friday: 8.00am – 5.00pm
Security:
The premises are fully alarmed with exterior roller shutter doors.
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.
Turnover is circa ₤1.49Million, with a Gross Profit of circa ₤324,000. Adjusted net profit is ₤71,000, with stocks currently circa ₤148,000. All plant and other assets are included in the sale price.
Reason for Sale:
The owner has been in this industry for over 30 years. He feels that he has given as much as he can to the business and would like to try hand in another industry sector.
Support and Training:
Having built up the family business from scratch, he would like to help the new owner for a short period of time. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | EP001 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
