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Finance And Services:

Business For Sale. Wholesale Catering – Food & Drink Supplier To Fast Food Establishments

LISTING DETAILS
Firms For Sale ID:
24979
Vendor reference:
AF145
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£1,600,000  
Turnover / revenue:
£2,000,000
Net profit / cashflow:
Undisclosed
Number of employees:
19

OTHER DETAILS
Reason for selling:
This has been a family run business and they are all now wanting to go their own separate ways and pursue other opportunities.
Support and training:
The owners would be happy to help with a smooth transfer of the business in any way possible.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Wholesale Catering – Food & Drink Supplier to Fast Food Establishments

Ref.AF145
Location South Yorkshire
Asking Price £ 1,600,000

This is a rare opportunity to acquire a family run business which is growing at a rapid rate with excellent growth potential over the coming years in an expanding market sector. They are a wholesale catering supplier specialising in providing lines for the fast food market. Their customers are predominantly independents, including, Chinese, Indian and Italian takeaways.

The business, which is the only one of its kind in the area, runs from two leasehold industrial units in South Yorkshire which have been converted into one large warehouse with a container coldroom and large built in container feeezers. They stock over 1,000 different lines for the fast food market including, burgers, doner kebabs, meats, pizzas, chicken nuggets, bread buns, cheese, oil, flour, tea, coffee, packaging material and vitually everything you would need to run a successful take away store. This is trully a “one stop” supplier. They buy directly from the manufacturers in bulk, and because of their tremendous buying power, have become a highly competitive catering supplier, matching and beating any of their competitors. This is further enhanced by a speedy and efficient free, same day delivery service offered to their customers.

This is a profitable business which is easy to run and has a good cash flow. Customers pay promptly as they need regular and reliable daily supplies. This is a company that is growing rapidly in a market sector which continues to expand. As all off our lives are put under more and more time restraints, take-away food will become a further and more important part of our everyday lives. Every day the company receive new enquiries from take-aways that are starting up in business and the long term future for these establishments is for further expansion.

The takeaway market sector for food has been growing for the last few years and shows no sign of slowing up. With the public working more hours and businesses staying open longer, takeaway food has become a permanent fixture in all of our lives. This wholesale catering supplier has specialised in stocking all of the main lines that takeaways need and they are the only one of its kind in the local area, hence they have cornered a significant and expending sector of the food supply market. Everything from burgers to packaging materials are kept in stock and they currently have over 1,000 different lines immediately available, most of which they have purchased directly from the manufacturersm allowing them to have a competitive advantage.

They have concentrated their efforts within a circa ten mile radius of the warehouse and been have highly successful in obtaining regular repeat business. With their first class infrastructure in place the company has a huge opportunity to widen their catchment area and secure new customers enabling them to increase turnover and profits.