Business Summary:
Importer and Wholesaler of Fine Foods
Ref.AF102
Location Avon/Relocatable
Asking Price £ 115,000
The company was established on 1st December 1998. It was split into three separate businesses on 1st April 2009 with the specific intention of selling all of them as going concerns. One of the businesses sold Mediterranean foods and the other specialist gift products, both have been sold. This company distributes vending machines, stands and food vending products to the leisure industry and is looking for a new owner.
The business currently has over 700 customers, 6 suppliers, a warehouse, two delivery vans, a sophisticated computer system, BT telephone system with broadband, a website, e-mail and full office facilities. Turnover will be between £350-500, 000 in this financial year, generating 25% GP. Expenses are minimal.
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| Facilities / Terms of Lease:
The warehouse is situated on an industrial estate in South West Bristol, it is 4,500 sq ft, contains pallet racking for 124 pallets. There is a showroom, large centrally heated and air conditioned office, kitchen, with separate gentlemens and ladies cloakrooms and parking for 6 vehicles together with a new fire alarm system and a separate Redcare GSM Intruder Alarm system. There is nine years remaining on the warehouse lease with a break clause in July 2013. The vans are on contract hire with eighteen months to run. |
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