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the UK marketplace for company sales

Food service

Reference
S7409
Turnover
£1m to £2m
Sector(s)
Food & drink, Retail & wholesale
Region(s)
Yorkshire and the Humber
Added
06 January 2021

Business description

Food wholesale and distribution business. 

Products provided include meat, chilled, frozen, fruit & veg as well as ambient goods and some lines of non-food catering essentials.

With over 30 years of trading behind it the business has established a firm foothold in its local market and the reputation built has provided long term growth.

As a retirement sale our client is seeking a buyer who will look after the customer base and build upon the strong local market position established.

Highlights

  • Local food wholesale and distribution
  • B2B customer base
  • Largest local supplier
  • Well spread customer base - largest customer 8% of sales

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2019 (Actual) 1,000,000 0

Prospective purchasers

  • The business would suit either an existing trade buyer looking for geographic expansion or an investor who, due to the profit levels being seen, can run remotely under local management. Please register your interest now. 

Reason for sale

Our client is looking to retire. 

Additional information

A small, well equipped leasehold unit with good access to the local road network.

A 5 year lease until 2024 has been agreed with the landlord. This includes a right to renew, but as yet is unsigned. So the business could be relocated if required.

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