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BUSINESS REFERENCE : EJ023 / RightBiz SUPPLIERS OF SPECIALLY PREPARED AND LOCALLY SOURCED PORK AND BACON PRODUCE | | | | | | Suppliers of Specially Prepared and Locally Sourced Pork and Bacon Produce Confidentially offered for sale Ref No: EJ023 Location: Northern Ireland Leasehold (with freehold option available) Freehold valued at £400,000 [ Asking Price: £1,300,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fish & Chips Shops | | SALE: | Agent Sale | LEASEHOLD: | £1300000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This business is dedicated to providing its customers with the finest quality, locally sourced bacon and pork produce.
Occupying EEC approved premises this business offer a wide range of cured meat, specialising in local produce, which this business has been dealing with since its very first days of operation. All cuts of meat are provided including end, back, lean and middle cuts, cooked or uncooked, smoked or unsmoked, whole or half, on or off the bone.
The business is based on the solid, traditional values of good quality produce at competitive prices coupled with high levels of personal service.
The business has developed an excellent reputation with growing product recognition. Under owner management the business carries out great attention to detail in product and is well known and renowned in the locality for its exceedingly high standards, retaining the qualities of traditional products.
In addition to providing customers with superb meat, this business is committed to providing a friendly, helpful and very individual service.
The business operates in a niche market supporting the local farming industry. As would be expected, products are cut and prepared exactly to each and every customers specific requirements. Not surprisingly it is a firm favourite with their loyal customer bases, competing very favourably with the major supermarket chains.
A strong brand in its region, this is a substantial business with opportunity to match. With turnover for the year for which the most recent figures are available in excess of £800,000, this represents an excellent acquisition opportunity for any organisation looking to acquire a presence in the region.
Equipment:
Forklift
3 vans
2 fridges
3 freezers
2 slicers
2 vacuum packers
Scales etc
Office equipment
Customer Service:
The business has a good customer base forming part of a larger supply chain and has the systems, processes and people to ensure that both productivity and customers' orders are satisfied. The business provides only quality meat, ensuring customer satisfaction and has a commitment to producing the finest products.
Quality Assurance:
This company has recently been awarded the Hassop Certificate for food standards and has recognised that customers require an efficient service, which is top of the priority list. It is company policy to purchase only top quality pork and bacon and to support the local farming industry as much as possible.
Key Strengths:
Profitable since inception, this business is a strong regional brand in its own right with a reputation built upon the quality of the product. The site has a high level of customer awareness and footfall and in reach of excellent transport links ensuring ease of supply and overall management.
This business has excellent trade relationships in place dealing mainly with local producers, with which it has had longstanding relationships.
This business has been managed very well throughout its many years of operation with computerised systems and processes in place ensuring a high degree of financial control.
Growth and Expansion:
The current market for this business is competitive but consistent and is forecast in the near and longer term for significant growth. The business currently covers six counties at present and has the potential to be expanded to cover the rest of Ireland. The business is well positioned to take maximum advantage of this growth as it occurs.
Business operations are not at maximum capacity and there remains considerable scope for an increase in production, turnover and profit simply by gearing operations in line with current market demand.
Key Opportunities:
This niche business is more than holding its own in the face of competition as more and more consumers return to the traditional values of good quality meat, prepared to their specification at a very competitive price. Consequently with a strong demand for the products and services of this business and capacity to increase turnover, a new owner would contribute fresh ideas, enthusiasm and outside influence to build on an excellent base.
This is a unique opportunity to purchase a growing business with such strong values and commitment to its mission. It is a well-structured company generating excellent profit margins with incredible growth potential
Employees:
Under owner management, the two owners run the business full time, one being the sales manager.
In addition six full time staff are employed and comprise of a production manager and five process workers.
Advertising and Marketing:
With a well established site in a good location the business has little need of investment in marketing and advertising, benefiting from high levels of customer awareness resulting from its many years of operation.
The business is well known throughout the area, having an excellent local reputation and a strong loyal customer base, but benefits most from the most cost effective form of marketing, strong word of mouth recommendation, which ensures a constant stream of customers.
Premises:
The business is located on the outskirts of a village in a pleasant rural area. The detached building is an EEC approved plant that comprises of a block base with cladding to walls.
Internally the premises comprise of a slicing and packing area, well fitted office, canteen and two toilets. The loading/despatch area is fitted with roller doors for ease of use.
Outside the concrete forecourt offers ample parking and has an area of lawn, all surrounded by chain link fencing. The premises have a modern alarm fitted.
The owners own the freehold of the property valued at £400,000, which could be made available in addition to the asking price of the business. Alternatively a new lease will be negotiated for the new owners.
Business Hours:
Monday Friday: 7am 3pm
Security:
The premises are fully alarmed
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 for 2007 was in excess of £809,000 with Gross profit of circa £162,000.
Reason for Sale:
The business is for sale due to the ill health of one of the owners.
Support and Training:
The current owners are happy to provide full business familiarisation and handover to ensure a smooth transfer of the business to new owners. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | EJ023 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
