| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 89,189 TIME(S)
BUSINESS REFERENCE : AF086 / RightBiz AF086 -SOUTH WALES-£ 350,000-WHOLESALE SANDWICH COMPANY | | | | | | Wholesale Sandwich Company Ref.AF086 Location South Wales Asking Price £ 350,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Sandwich Bars | | SALE: | Agent Sale | LEASEHOLD: | £350000 | | | | | | | | | | | BUSINESS DETAILS: | This company was established in 2002 and initially provided sandwiches and some soft drinks to companies on local trading estates. It quickly became apparent to the owner that a better return on capital and effort would be made if the route to market was to supply garages, shops and educational establishments.
By adopting this strategy the business has grown year on year and now supplies around thirty local retailers within a thirty mile radius of the business. More importantly the company has a number of written contracts to supply the Emergency services, Civic Centres, and schools. The contracts have a minimum of three years to run and are worth between £100,000 and £250,000. A new three year contract starting in the near future will add an additional £400,000 of turnover per annum. The business has recently been nominated for a National Business Award.
Equipment:
One walk in fridge
Two industrial freezers
One sealing machine
One dishwasher
One Robocoop
Eight work stations
Two vans
Key Strengths:
Well established
Written supply contracts
Blue chip customers
Local suppliers
No competition
Quality staff
Quality product
Freshness
Service
Key Opportunities:
The company carries out no sales activity. The introduction of van sales personnel would add an additional revenue stream to the business. There are a significant number of additional public service opportunities to be tendered for and there has been o attempt to supply the higher educational establishments in the region.
Premises:
The well appointed premises are located on a small business park and cover an area of around three thousand square feet. The company moved into the unit a year ago and have four years left to run on a five year agreement. The cost of the unit is £1000:00 per month. During the initial twelve months of occupation a considerable investment has been made in new equipment and there is room within the premises for substantial growth.
Advertising and Marketing:
There is presently no marketing budget or structured sales activity
Financial profile:
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 has projected a turnover of in excess of £400,000 for the present financial year with anticipated net profits of over £175,000. All previous year’s show steady growth and pragmatic commercial investment.
Employees:
The business is well structured and capable of running un supervised by the owner.
One general manager
One supervisor
One assistant
Ten additional part time operatives
Two drivers
Support and Training
A full and professional handover will be available. The period will be negotiated as part of the overall discussions.
Reason for Sale:
The owner has decided to take some time out of commerce to attend to the needs of a young family. A non competition clause is available if required. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | AF086 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
