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Importer, Distributor & Retailer of Ethnic Polish Food plus Cash & Carry

Ref. AF110

Location : Middlesex

Asking Price : £350,000

Turnover : £2,800,000

Net Profit : Undeclared

Gross Profit : £428,000

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

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Asking price includes:

Annual Turnover circa £2.8 million
Gross Profit margin circa £428,000

Complete Turnkey Operation
Tremendous Growth Potential
Cash Positive Business
A vast and unique range of ethnic Polish food
Excellent supplier partnerships
Large database and constant referrals
Reputation for high quality and reliability
Significant goodwill
Low overheads

Business Profile

Founded in 2005, this company is an importer and distributor of quality Eastern European Ethnic food to retailers and cash & carry outlets throughout the UK.

This business has carved a niche market for itself providing an extensive range of ethnic Polish foods and ingredients, for a growing market, in the United Kingdom. They have rapidly grown to become one of the leading importers and distributors for this unique range of foods. Distribution is co-ordinated from their substantial warehouse premises, which also operate as a cash and carry outlet.

This business is a professional trade only wholesale cash and carry service for independent retailers that stocks a wide range of items including confectionery, drinks and food etc with new stock constantly arriving. It is very profitable and attracts an extensive base of repeat customers from throughout the UK.

The business has an impressive and growing database of regular clients and constant new referrals. They are extremely competitive, supplying quality products, food and other merchandise, and have an impeccable reputation, offering enormous potential.

Equipment:

The business premise is well equipped and fully racked for this type of operation. Equipment includes two vans, one forklift and three cold rooms amongst other items. The business uses Sage Accounting software for invoicing with all clients’ details held on a comprehensive database.

Customer Service:

The business manages a great many customers in any normal week and has the systems, processes and people to ensure that both productivity and customers’ orders are satisfied. The most important aspect of customer management and satisfaction considered by the business is honesty and is responsible for the business retaining many customers and the reputation for which has led to the acquisition of many new customers.

High quality service, with flexibility, honesty, reliability and good value, every order request is important and customers always come first. The result is self evident in the business’s sustained level of repeat business.

Key Strengths:

The business has developed a reliable reputation and is very profitable, benefiting from its close supplier relationship and consequent buying power. The business has earned an outstanding reputation for its reliability and efficient order fulfilment and a willingness to help. Its location amidst a number of complimentary, non-competitive wholesalers in the food and drink sector means that it will substantially increase its customer base, turnover and profitability swiftly as many more customers become aware of it, attracted by the loyal customer base the business already enjoys.

This business fills a niche in the market by offering a quality product and outstanding service, taking the market to a new level by insisting that all work is handled with care, striving not only to meet standard requirements but also to exceed them. 

Key Opportunities:

This is a unique opportunity to purchase a growing business, which is well structured and generates excellent profit margins with incredible growth potential for the future. There is an excellent opportunity to introduce a marketing and advertising strategy to increase turnover and to build on the existing base by increasing stock levels and additional lines. Investment in extra sales representatives and an e-commerce website could increase turnover and profit significantly. The premises have plenty of space within the shop for storage once the website business has been developed.

With a strong and growing demand for this business`s products, combined with a capacity to increase turnover, a new owner contributing fresh ideas particularly in the area of marketing will have every advantage of building on an excellent platform.

Financial profile:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

2018 turnover was circa £2,801,832 per annum with good profits already being shown, however with the right input of time and creativity this business can increase the turnover and profits exponentially.

Advertising and Marketing:

The business has not used advertising in the past. The best form of advertising for this business is and will always be "Recommendation". A large percentage of new clients derive from referrals and the business regards existing clients as their best advertisers. It has maintained an excellent reputation since inception and there is immense opportunity to implement further and more assertive methods of advertising to expose the business to even greater markets. The business does not have a web presence and there is no doubt that turnover and profits could increase exponentially using this additional medium.

Growth and Expansion:

This business is based in a central location and could certainly achieve increased sales and profits. The owner recognises that while the business is acknowledged for its quality and service, more assertive marketing of the Company’s portfolio of products will help build this excellent business into an even bigger cash earner for any enthusiastic new owner.

Premises:

The business operates from well equipped and fully racked warehouse premises, which comprise of administration offices and parking. Situated in close proximity to the North Circular, the business is superbly located in a highly populated area with excellent links to major road and motorway links.

The premises are leasehold.

Business Hours:

Monday – Friday 8.00am – 5.00pm

Saturday 8.00am – 12.00pm

Employees:

The owner works full time in the business and has a total of six full time staff, covering all aspects of the business.

Support and Training:

Full support and training will be provided to the successful purchaser.

Reason for Sale:

Having grown the business rapidly over the years the current vendor believes the time is right to pass the business on to a new owner.

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk