Freehold Cash And Carry Food Wholesaler
Location United Kingdom
Asking Price Range $2.5M - $5.0M
Gross Revenues $7231761
Net Profit / Cash Flow $242107
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Training The vendor is happy to provide a comprehensive handover programme.
Reason for Sale The owner now wishes to spend more time in his homeland.
Description Freehold Cash and Carry Food Wholesaler To The Trade
Food, Drinks & Catering Equipment
Ref.EJ056
Location Teeside/North East
Asking Price œ 1,600,000
A rare opportuntiy to buy a well established and profitable food cash and carry business that has been trading for some 20 years within the North East of England. This business has the added advantange of having recently moved to purpose built new premises which has enabled the organisation to continue its impressive growth pattern over recent years. Sales and proiftability have more than doubled since 2009 and the new facility has the infrastructure already in place to easily accommodate significantly larger levels of trade.
This business is a professional wholesale cash and carry service for independent retailers, restuarants, fast food outlets, pubs, sandwich shops, mini-supermarkets and convenience stores throughout the North East. The majority of customers are based within a 20 mile radius but the business does travel further afield when necessary and offers a delivery service throughout the North East via its own fleet of signwritten vehicles. In addition to this the business also retails a broad range of Ethnic foods to the local market place.
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