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Confectionery Wholesale Business In Great Yarmouth Norfolk

Great Yarmouth Norfolk
Confectionery Wholesaler Great Yarmouth, Norfolk T/O: £1,300,000 GP: 15.5% Well established business Scope to grow Good regular contracts
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 69769
ADVERT IMPRESSIONS : 7,221 TIME(S)

 
BUSINESS SECTOR: Wholesale / Distribution
TRADE TYPE: Distribution / Distributor
SALE: Agent Sale

LEASEHOLD:

£335000
 

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BUSINESS DETAILS:

Location
Anglian Sweet & Drink Company Ltd occupies large premises on a busy industrial estate on the outskirts of Great Yarmouth in Norfolk. The estate lies just off the A12, giving easy access to East Anglia and down the east coast to Essex. Great Yarmouth is a popular tourist resort, which lies approximately 20 miles east of Norwich, in Norfolk.

Business History
Preferred Commercial is delighted to offer for sale this confectionery wholesale business, which was established in 1970 and which has been in our client's hands since 1996. The business is only now being placed on the market due to our client's wish to retire. The business supplies a wide range of confectionery and soft drinks to customers across East Anglia and the east coast of Essex, generating a turnover in the region of £1,300,000 per annum with a gross profit of 15.5%. Our client believes there is tremendous scope for growth in the soft drinks side of the business. Anglian Sweet & Drinks Company Ltd benefits from a loyal and growing customer base and boasts many regular contracts. Included in the sale are 4 delivery vehicles, 2 of which are lorries, and 2 fork-lift trucks. We feel this represents an ideal opportunity to acquire a well-established a thriving wholesale business with scope for future growth. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £1,300,000 approx.
GP: 15.5%

Opening Hours
Mon - Fri: 8.00am - 5.00pm
Sat: 8.00am - 12.00pm
Sun: Closed

Accommodation Details
Large warehouse situated on a popular industrial estate, close to the A12. Briefly comprising:

Ground Floor
• Warehouse extending to approximately 7,900 square foot, with pallet racking to suit, 2 x fork lift trucks one of which is diesel 2-ton forklift and the other 1.75-ton reach truck
• 3 x purpose-built offices
• Kitchen
• Ladies and gents WCs

External
• Large parking forecourt to front

Vehilces
2010 registered 3.5 ton Renault Master
2003 registered 3.5 ton Renault Master
2006 registered Mercedes 7.5 ton truck
2011 registered DAF 18 ton truck

Tenure
Leasehold
Original length: 10 years
Remaining: 3 years
Review: every 3 years
Rent: £28,000 per annum
   
  FOR SALE
   

REFERENCE:

2841 / RightBiz
   
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