Ice Cream Manufacturer And Wholesaler With Freehold Factory | | Undisclosed Lincolnshire | | Ice Cream Manufacturer and Wholesaler with Freehold Factory Ref.EG008 Location Lincolnshire East Coast Asking Price £650,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 44344
ADVERT IMPRESSIONS : 35,228 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Food & Drink Manufacturing | | SALE: | Agent Sale | FREEHOLD: | £650000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business profile:
This is a small independently owned third generation family Ice Cream manufacturer and wholesaler who have been making high quality products to a traditional family recipe on their premises since 1926. The owner would like to begin a well earned retirement and with no other member of the family to take over the business there is an excellent opportunity for someone to aquire a highly successful business.
The business runs from their own factory located in a seaside town on the Lincolnshire coast and can produce over 15 different flavours of ice cream daily, which are sold on to regular retailers within a circa 25 mile radius of the factory. The company sites freezers in the majority of these retail outlets and deliver on a regular basis. The company rents and controls three of their own beach sites and also sell to mobile ice cream and snack vans who call and collect their products on a daily basis. As well as their own ice cream products they also stock major brand names such as Walls, Nestle, Ben & Jerry, Mars and Cadbury and also wholesale on sundry items including cones, syrups, flakes, sauce toppings and wafers, allowing them to become a one stop shop for all their customers ice cream and associated product needs.
The freehold factory premises has a wide inventory of equipment and machinery essential to the production and storage of frozen ice cream related products. The company also has two refrigerated delivery vans and over 150 wholly owned sited freezers in retail outlets throughout the local area.
As you would expect business is at its highest during the period from Easter through to October, but the ice cream industry over the last few years has become an all year round business. There is little competition in the area as there are no other manufacturers, and there is a high proportion of cash sales within the business which helps the company to have a good cash flow situation. They run with low overheads employing seasonal staff during the busiest times of the year and the busines is profitable and easy to run.
There is a further option to purchase the vendors three bedroom house which is opposite the factory with the vendor willing to listen to offers around £150,000.
Customer Service:
The company has over 150 sited freezers in local retail shops around the local area. These are fully owned and maintained by the company and sited FOC with the condition that they are stocked with products purchased directly from the company. This guarantees regular orders and sales with some busy sites being replenished on a daily basis from their refrigerated deliv. The company are highly competitive, with prices of branded ice cream as good as the retailer would be able to get even if they purchased directly from the manufacturer.
Key Strengths:
• Traditional family recipe ice cream manufacturer
• Over 15 flavours of delicious ice cream
• Successfully trading in the area since 1926
• Profitable with excellent cash flow
• Competitive prices
• The only ice cream manufacturer in the area
• Freehold manufacturing facility with all machinery & equipment
• Regular repeat daily customer database – circa 150 sited freezers.
• Low overheads and easy to run
Growth and Expansion:
The owner has been running this third generation family business for a number of years and has put all of his energy into making a success of the firm. During the past few years he has been happy to continue the solid foundations that the business has been built on without having to expand or look for new business. New owners with fresh ideas and energy could easily expand the area that they deliver to and could obtain more freezer sites to increase the distribution.
Premises and Equipment:
The business runs from freehold factory premises, which are equipped with all machinery and equipment essential to the manufacture and storage of ice cream products.
The factory has a reception area with office, a production area, a cold room, prep room, storage area, boiler room, wash and recycling room, loading bay and yard with a further storage room for packing and a piece of land adjoining the factory which could be utilised in a number of different ways.
The machinery and equipment includes, ice cream makers, ageing vats, continuous freezers, five cold stores/ deep freeze areas, liquid mix for soft scoop ice cream, large chilling cabinets and circa 15 chest freezers. The company also owns circa 150 sited freezers, two refrigerated Mercedes Sprinter delivery vans and a Vauxhall Combo van.
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.
Turnover is circa £500,000 with Net Profits of circa £80,000. The freehold factory premises are valued at £350,000.
There is a further option to purchase the vendors three bedroom house which is opposite the factory and the vendor is willing to listen to offers circa £150,000 for the house.
Employees:
The owner runs the business and has seven part time workers who are employed during the busy times of the year as drivers, machine workers and packers when needed.
Support and Training:
The owner would be happy to help with a smooth transfer of the business in any way possible and would be willing to stay in the business for a short period of time.
Reason for Sale:
The owner has carried on the family tradition for a number of years and has reached retirement age. With no other family member able to take over the running of the business, the vendor is reluctantly putting the business up for sale. This is a unique opportunity for someone to take over a profitable and successful business with great prospects to expand the operation. | | | | | | FOR SALE | | | | | REFERENCE: | EG008 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
