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BUSINESS REFERENCE : EB017 / RightBiz POULTRY PRODUCTS PREPARATION & SUPPLY COMPANY EC (EUROPEAN COMMISSION) APPROVED | | | | | | Poultry Products Preparation & Supply Company EC (European Commission) Approved Confidentially offered for sale Ref No: EB017 Location: Greater Manchester Asking Price £325,000 | | | BUSINESS LOCATION: | Undisclosed Manchester UNITED KINGDOM | | BUSINESS SECTOR: | Agriculture | | TRADE TYPE: | Farms | | SALE: | Agent Sale | LEASEHOLD: | £325000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This family business was founded in 2000 and supplys poultry products to a wide variety of clients on both a regional and national scale. Its core business is the preparation and supply of poultry products and this includes the deboning, skinning, chopping and packaging of finished products to the market place. 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 Agency.
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.
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 are loyal and understand 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 very little or 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 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.
Employees:
There are the 3 owner/directors of the company who oversee the day to day running of the operation. There are 12 full time production operatives, as well as 4 part time production staff. All production staff work on a “piecework” basis.
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.
Premises:
The premises comprise of a small 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.
Total floor space is approx 6000 square feet.
Property is leasehold with 23 years remaining.
Annual rent is currently £15,600 p.a.
The site is located within a well established town close to the centre with good access.
Business Hours:
Monday- Friday 9.00am- 5.00pm.
Security:
The building is part of a multi-occupancy site with good levels of access and security. All access points have roller shutter doors.
Financial Information:
The business revenues have grown year on year with turnover for the current year expected to be circa £3 million. Profitability and cash flow is very good as you would expect from this sector.
The business is being offered for sale on an ongoing concern basis. All financial discussions will take place directly between the vendor and any interested party under the auspices of Turner Butler.
Reason for Sale:
The current owners wish to develop their other business interests.
Support and Training:
The Directors will fully assist with hand over and training. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | EB017 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
