Business Summary:
Importer, Distributor & Retailer of Ethnic Polish Food plus Cash & Carry
Ref.AF110
Location Middlesex
Asking Price £ 350,000
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.
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| Year
Business was Established: 2005 |
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| Facilities / Terms of Lease:
The premises are leasehold, and rent is currently circa £16,828.Service charge will be payable separately. The current lease expires in 2010, however a new lease will be negotiated with the landlord, (with whom the vendor has an excellent business relationship), on terms agreeable to both parties, unless a new owner would prefer to re-locate the business. |
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| Potential
Growth/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. |
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| Competition:
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 |
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| Owner
willing to train:
Full support and training will be provided to the successful purchaser. |
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| Reason for selling:
Having grown the business rapidly over the past four years the current vendor believes the time is right to pass the business on to a new owner. |
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Seller Reference Number: AF110
BusinessMart.com Listing Number: 65830 |
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