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Wholesale Potato Merchants
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $471360
Net Profit / Cash Flow $54990
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1948
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training The owner would be happy to help with a smooth transfer of the business
Reason for Sale The owner has now reached retirement age
Description Wholesale Potato Merchants
Ref.EJ040
Location Lincolnshire
Asking Price œ 125,000
This is a great opportunity to acquire a long established family business, which has been wholesaling potatoes since 1948. They are famous in the surrounding areas for supplying all types of potatoes to fish & chip shops, pubs/restaurants, fruit and vegetable shops, and even other local merchants.
They are known as a strong buyer within the industry purchasing in bulk directly from the farmers. They have strong working relationships with their suppliers and pride themselves on being prompt and good payers within the trade. Most of the product is bought in bags, all ready for distribution but they have the facilities to grade, clean, wash and package the product ready for sale to the wholesale and catering trade of which they have a large database of regular repeat customers.
The business runs from a leasehold site with offices/wash room, large storage shed, with grading line and large yard.
The owner has decided to sell the family business after many happy and prosperous years in the trade. This would be a perfect bolt-on to someone already operating in the same or similar market place, or for anybody new to this market as the vendor has suggested that prior knowledge of the industry is not necessary to take on this business. The vendor has also stated that he will be prepared to stay on until new owners are happy that they can successfully manage the business themselves.
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