BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£249,000
Turnover / revenue:
£100,000
Net profit / cashflow:
Undisclosed
Years established:
25
Trading hours:
Monday – Friday: 0700-1530
Number of employees:
5
OTHER DETAILS
Reason for selling:
The vendors are wishing to retire.
Support and training:
The current owners would be happy to provide full training and support at handover and would be prepared to stay on for a further period of time subject to negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
Manufacturer of Own Brand Specialist Frozen Ready Meals
Ref.AF095
Location Greater Manchester
Asking Price £ 249,000
This family run business have been creating delicously authentic cuisine for some 27 years and in that time the business has established a sterling reputation regionally , nationally and even internationally. The company uses only the freshest and finest ingredients to perfectly capture all the wonderful subtleties of exotic herbs and spices and the very second each dish is ready it is snap frozen to seal in the restaurant quality freshness, without the need for a single additive, thickener, GM modified product or preservative.
The company prepares all meals on site and has a good variety of popular dishes to offer its clients. Wholesale/Food service customers account for some 80% of sales, the remaining 20% being retail customers. Wholesale clients are based throughout the UK and the business also exports a small proportion to Spain and the Caribbean. Customer include some very large multisite operations right through to small independent retailers.
All product is packaged and branded in the business’s name and the brand is well recognised within the industry.The company brand name is fully registered.
Expansion Potential
The ready meal market is growing year on year and represents a huge market not only nationally but internationally. The demand for high quality meals using only natural and fresh ingredients is high. This business is ideally positioned to service this demand. The infrastructure is such that a new owner could expand the turnover of the business without the need to significantly invest within it as there is spare capacity.