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Lucrative Niche Food Wholesaler in London

Leyton, London
Leasehold Price:
Advert ID
04280 / Rightbiz
    Large customer base

    Niche products

    High annual turnover

    Excellent reputation

    Scope for further growth

Intelligent Business Transfer are pleased to offer to the market a fantastic opportunity for a new buyer to acquire a well established and profitable Lithuanian and other Eastern European Food Wholesaler based in Leyton, London.The business imports a wide range of fresh and frozen dairy, meat and fish products, fruits and vegetables, preserved food, soft and alcoholic beverages, and sweets and biscuits to its London warehouse before distributing to a wide range of suppliers across London and further afield. With a large and loyal customer base, the business enjoys high levels of repeat custom and an excellent reputation.Established in 2011, the business has demonstrated year on year growth and now achieves an annual turnover of £875,663. With an impressive annual turnover and excellent industry connections in place, this is an ideal opportunity for an entrepreneur looking to acquire a profitable business with good growth potential. A new buyer may look to increase profitability in the future by expanding the existing customer base through implementing marketing strategy. Currently the business does not advertise, maintaining its customer base through word of mouth recommendation and repeat custom. Expanding the number of clients across the country will ensure the business continues to thrive.Intelligent Business Transfer have been requested to find a suitable buyer.
Listing Details
Leasehold Price: £299,000
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Leyton, London
Sector: Retail, Wholesale Businesses
Annual Turnover: £1,178,723
Annual Net Profit: £62,589
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Advert Reference: 04280 / Rightbiz

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