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Top Quality Poultry Preparation & Supply Company

Undisclosed Essex
Top Quality Poultry Preparation & Supply Company Ref.EB044 Location Essex Asking Price £500,000
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 45608
ADVERT IMPRESSIONS : 30,896 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Other
SALE: Agent Sale

FREEHOLD:

£500000
 

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BUSINESS DETAILS:

Business profile:
This successful business was founded in 2003 and supplies poultry products to fast food shops in the South of England. The core business is the preparation and supply of poultry products that includes the deboning, skinning, chopping and packaging of finished products to the clients.

With over 7 years experience in supplying poultry products to the wholesale and catering trade, the business is armed with a wealth of knowledge of various customer requirements, and is experienced in providing the ultimate in quality meat and poultry products. The business places quality and service as its utmost consideration, and clients’ are guaranteed that all meat preparation, packing and dispatching undertaken within its premises meets the highest standards of quality.

The business has enjoyed consistent growth year on year and this trend is expected to continue due to the company’s consistent and high quality levels of supply together with its growing reputation. Highly competitive the business has the distinct advantage of being able to sell their very comprehensive range of products to retailers and wholesalers who are classed as opposition in the market.

The company has all the necessary food hygiene and health and safety certification required to operate its business within this highly lucrative arena including the Approval Of Food Business Establishment Regulation U.K. 4807 EC as issued by The Food Standards AgencyThe business is well equipped and represents an excellent opportunity to acquire an established and profitable poultry business. The business demonstrates consistently good profits and represents a great opportunity for someone looking to take over a traditional, successful business.

Equipment:

Equipment includes large industrial sized cool rooms, cold rooms and freezers, as you would expect to facilitate this size of operation. All worktops and relevant fixtures and fittings within the preparation areas are stainless steel and all wall coverings and floors are as per the requirements laid down in current food preparation and production hygiene legislation.

Customer Service:

The excellent customer service delivered is because the business can comfortably fulfil its client’s needs consistently by having an excellent supplier base as well as a flexible approach to business.

All staff is loyal and understands that it is this flexibility and willingness to ensure complete customer satisfaction that ensures regular repeat business and continued growth.

Key Strengths:

This business has achieved a recognised name through supplying a consistent and competitive product range to an increasing customer base that is growing stronger and broader daily. It is able to respond quickly and positively to client demands and over the years they have built up a reputation for honesty and integrity, and for being easy to deal with. This is reflected by the impressive levels of repeat business and customer retention levels.

Growth and Expansion:

The company has already achieved significant growth with no real sales and marketing promotion. The regions/sectors it serves could be considerably widened at very little cost and this would have a very positive effect on future revenues. The current operation is such so that it could easily accommodate significant growth in terms of output.

Key Opportunities:

At present the business operates within a quite select sector of the marketplace it serves. There is no reason why the business should not expand into this broader market as it is very well positioned with regards price, reputation and quality of products it has to offer. This alone represents a huge opportunity to further increase revenues through additional sales and better economies of scale. The owner believes that the business can expand into red meat trade and dry goods.

The market outlook for the business is very positive. The company has grown to date without any real sales and marketing activity. All sales have been generated through word of mouth recommendations. All the foundations are in place with regards to compliance with the strict health and safety and food hygiene legislation. The company would benefit from a new owner with new initiatives, ideas and an injection of energy to take it through its next period of growth.


Premises:

The premises comprise of an office and reception area leading through to the preparation, storage, processing and dispatch sectors. Each sector is fitted out to a high standard to meet current legislation including stainless steel worktops, covered and sealed walls and safety flooring. Integrated equipment includes large walk in cold stores and freezers.
.
Property is leasehold with 5 years remaining.
Annual rent is currently circa £24,000 p.a.

The site is located within an industrial park allowing easy access to the A12.

Business Hours:

The Office is open from Monday- Friday 9.30am- 5.30pm. The preparation takes places on Monday- Friday from 6.00am – 2.00pm.
Advertising and Marketing:

The company currently undertakes no advertising and marketing and all sales are a result of word of mouth recommendations and repeat business. However the new owners would benefit from having a marketing plan in place.

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 business consistently achieves turnover circa £3,500,000 per annum with an impressive gross profits circa £516,000 and net profits circa £143,000.
Employees:

There are the 3 owner/directors of the company who oversee the day to day running of the operation. There are also 20 full time staff in the company.
Support and Training:

The Directors will fully assist with hand over and training.
Reason for Sale:

The current owners wish to move back to their country of origin.
   
  FOR SALE
   

REFERENCE:

EB044 / RightBiz
   
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