Total of 18656 firms and businesses for sale today Tuesday 19th March 2024
Time to Sell or Time to Buy !

Sold. Supplier & Maintenance Of Bakery, Catering & Refrigeration Equipment

LISTING DETAILS
Firms For Sale ID:
35027
Vendor reference:
IA034
Vendor website:
     
Printer Friendly
      
Contact Seller
      
Goto Website
More Like This
      
Email Search
      
Add Notes
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£295,000  
Turnover / revenue:
£770,000
Net profit / cashflow:
£130,000
Years established:
25
Trading hours:
Open 5 days a week. 8.30am-5pm (with 24 hour call out).
Number of employees:
6
Employees / staffing:
All the staff employed by the company are highly experienced professionals. 2 x Directors 1 x Office/Accounts 3 x Engineers.

OTHER DETAILS
Reason for selling:
The owners are contemplating retirement.
Support and training:
The vendor will provide full business familiarisation and training.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Leasehold - 10 year lease (2 years left). £1000pcm. New lease negotiable. Conveniently located in an accessible and central business park. Secure yard, washing facility/bay, workshop (Circa. 6000ft² including parts store and sales showroom) and 2 offices.
 
Image Not Found
 
 
 
Image Not Found
BUSINESS DESCRIPTION
Supplier & Maintenance of Bakery, Catering & Refrigeration Equipment
Ref. IA034
Location : Ireland
Asking Price : £295,000 + SAV
The business was established circa. 25 years ago and is now one of Ireland’s largest suppliers of new, reconditioned and used bakery, catering and refrigeration equipment.
Operating across the island of Ireland, the business has an excellent reputation and benefits from regular, repeat business from a wide range of small and large organisations - some well-known multinationals.
With many years of experience in the field, all of the staff are highly experienced and motivated, and undergo extensive training. The service engineers are all time served and qualified in Electrical Refrigeration.
The business also operate a 24 hour phone number in the event of a client having an emergency ensuring that customer machines can run at peak efficiency and keep lost production to a minimum.

Expansion Potential
There are opportunities for further expansion and an increase in sales.

There are wonderful opportunities for an ambitious new owner to increase sales by pursuing new leads (e.g. nursing homes) and/or increasing sales to current contacts.

The company has mainly concentrated on electric refrigeration but has huge potential to move onto gas equipment.

Market / Competition / Non-Competition Agreements
Website