Business Summary:
Liqueur and Spirits Manufacturer
Ref.EJ035
Location Welsh Borders
Asking Price £ 250,000
The business was established ten years ago and was specifically designed to market liqueurs and spirits with a Celtic background and history. Many of the recipes date back hundreds of years and have been handed down from generation to generation. The company now produces five core products that it sells to around five hundred independent off licenses and delicatessens. In addition to which it has several valuable supply contracts with three National Supermarket chains. Having a regular presence at Farmers markets, country fairs and major food festivals generates a third revenue stream and plays an important role in increasing brand awareness by reaching a market that looks for the unusual and is not too price sensitive.
This is truly a niche market business employing skilled and dedicated staff that are genuinely interested and proud of the drinks they produce. Their products have won prestigious awards at the International Wine and Spirit Competitions.
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| Year
Business was Established: 1999 |
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| Number of Employees:
6FT/8PT |
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| Facilities / Terms of Lease:
The company operates from a factory covering approximately 5000sq ft and having its own bonded warehouse. The premises are available wit three years of the present lease remaining. They consist of a reception area and office, a production area and yard. Annual rental is £10,000. |
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| Potential
Growth/Expansion:
The business has never invested in a sales team, it has relied upon organic growth which is still maintained year on year".
As such the recruitment of one or two representatives with trade experience would have a dramatic impact on the volumes of new business.
Further opportunities lie with additional supermarket chains and additional products would add to the brand appeal. |
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| Competition:
The company does produce a range of colour brochures and leaflets and has a fully optimised website with on line purchasing facility. |
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| Owner
willing to train:
As the key staff will remain with the company the hand over will be straightforward. The director would be available for a period to be agreed as part of the overall negotiations. |
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| Reason for selling:
The founding director has decided to take early retirement and wishes to pass the business on to a purchaser who will take the business to its next logical step in its growth. |
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Seller Reference Number: EJ035
BusinessMart.com Listing Number: 67202 |
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