Vegetable Preparation And Supply To The Hospitality Trade | | Undisclosed Suffolk | | SUFFOLK VEGETABLE PREPARATION AND SUPPLY TO THE HOSPITALITY TRADE Established supplier of prepared vegetables to the hospitality trade Excellent customer base within Norfolk and Suffolk including a number of holiday parks Refrigerated vehicles and requisite equipment included within consideration price A/T: £356,580 F/H: £325,000 + SAV or L/H: £265,000 + SAV REF: 1046NR | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 63797
ADVERT IMPRESSIONS : 18,929 TIME(S) | | | | BUSINESS SECTOR: | Wholesale / Distribution | | TRADE TYPE: | Wholesale / Wholesaler | | SALE: | Agent Sale | FREEHOLD: | £325000 | LEASEHOLD: | £265000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Industrial estate location close to customer base
• Within easy reach of many hotels, pubs, bars and restaurants connected with tourist trade
• Ample parking for staff and visitors
• County of Norfolk affords excellent quality of life
HISTORY
• Business originally established by vendors in 1987
• Loyal repeat customer base established
• A number of prestigious clients added to the portfolio through referral
• Vendor would be happy to assist with handover
REASON FOR SALE
• Retirement and change of lifestyle
PRODUCTS AND SERVICES
• Preparation of all types of vegetables to customer requirements
• Deliveries undertaken as customer demands dictate
CUSTOMERS
• 35 to 40 core customers including hotels, restaurants and bars
• Customer base includes 4 sizeable coastal leisure/holiday parks
• Customer base flexes to around 60 over the summer period
• High repeat and referral rate
SUPPLIERS
• Vegetables sourced through a range of trade contacts
STAFF
• Vendor and spouse
• 4 full time production operatives/drivers
• Additional casual agency staff utilised as contracts dictate
TRADING HOURS
• As contracts require but with emphasis on morning working
FINANCIALS
• Turnover £356,580 in 2010 (£483,348 2009)
• 2010 Gross profit £177,272 (50%)
• Net Profit has averaged £65,000 per annum over the past 2 years
PREMISES AND EQUIPMENT
• Refrigerated van (05 plate)
• Ambient SWB Ford Transit (53 plate)
• Gas fork lift truck
• 2 Peelers
• Dicer
• 4 Slicers
• Metal detector
• Baton carrot machine
• De-slicer
• 1 vacuum sealing machine
• Refrigeration unit
STRENGTHS
• Very well established with excellent reputation locally
• Reliable financial performance generating excellent annual net profit
• Fully equipped with no immediate investment required beyond consideration price
• Reliable and capable staff
• Available on a freehold or leasehold basis
• Extremely low cost base
SCOPE
• Business development activity currently limited to Yellow Pages and basic website
• Substantial number of catering and hospitality related businesses within the immediate vicinity
• Opportunity to extend product range including provision of fruits
TENURE
• Freehold
• Lease would be available with terms to be agreed
VIEWINGS
• A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises | | | | | | FOR SALE | | | | | REFERENCE: | 1046NR / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
