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Deal Opportunities.co.uk

the UK marketplace for company sales

Fresh fish & frozen seafood

Reference
S7510
Turnover
£5m to £10m
Sector(s)
Food & drink, Retail & wholesale
Region(s)
UK Wide
Added
22 February 2021

Business description

The company is a supplier of high-quality fresh fish, frozen seafood and British meat, providing its products to private households and small businesses across England and Wales.

All products are hand-picked and prepared to its customers’ specifications on the day of delivery, which are then distributed via the company’s fleet of registered vehicles. 

Our clients are offering the company for sale to facilitate the retirement plans and lifestyle changes of the Directors.

Offers invited.

Highlights

  • Products offered include white, oil-rich and smoked fish; prepared seafood;
    shellfish; and British meat.
  • Utilises the Torry assessment to score the freshness of its fish.
  • Holds SALSA accreditation, offering full traceability on its seafood.
  • Consistently receives high-quality feedback from its customers.
  • Management team is capable of running the company on a day-to-day basis and generating further growth without any input from the Directors.
  • Operates from three leasehold premises throughout the UK.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 8,056 816
2018 (Actual) 8,126 978
2019 (Actual) 8,118 1,084
2020 (Actual) 8,734 980
2021 (Forecast) 10,551 1,635
  • Turnover of £8.7m in YE20 with an EBITDA of £980k.
  • Projected turnover of 10m in YE21.
  • Average gross profit margins of 49% over the last four financial years.

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