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Deal Opportunities.co.uk

the UK marketplace for company sales

Snack brand and manufacturer

Reference
S12120
Turnover
Less than £0.5m
Sector(s)
Food & drink
Region(s)
London, UK Wide
Added
26 November 2024

Business description

Established 13 years ago, the Company has risen to become an iconic, award-winning producer of premium meat snacks, celebrated for its innovative approach to nutritious food. Catering to both meat lovers and non-meat eaters, its pioneering vegan products complement a diverse product range.

Beloved by customers and celebrated by athletes and celebrities, its products have graced the pages of prestigious publications, from glossy magazines to major newspapers, and received glowing endorsements from top food critics.

The Company is based in London, supplying large customers as well as independents throughout the UK.

Operations are conducted from a single location that includes a production unit. The Company’s turnover is expected to continue to grow to £390,000 in FY24. The Company has achieved consistent year-on-year growth, with turnover doubling over the past five years, with further increases expected.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 207 2
2021 (Actual) 312 35
2022 (Actual) 314 -2
2023 (Actual) 351 14
2024 (Forecast) 388 30

Opportunities

  • Establish a dedicated sales team and boost advertising to expand the customer base
  • Capitalise on the popularity of current offerings and introduce new exciting flavours 
  • Relocate production to reduce costs and enhance the storefront experience 
  • Investing in machinery to streamline production 
  • Explore export potential to reach international customers

Prospective purchasers

  • An existing company in the food sector who is looking to expand their portfolio
  • A trade buyer looking to establish a relationship with large, store based and online retailers 
  • A private investor who is seeking a stable and profitable business to invest in

Reason for sale

The vendors have now reached a stage where they are looking to exit the business to pursue other interests outside of the Company’s activities.

They are happy to offer a structured handover period to any acquirer to ensure that the heritage, legacy, and quality of the business are preserved.

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