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AF149-Middlesex/M1/M25-600,000-Wheat & Gluten Free Food Wholesale Specialist for sale in Middlesex/M1/M25, UK

Middlesex/M1/M25, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 600,000 £ 900,000 Undisclosed

Business Summary:
Wheat & Gluten Free Food Wholesale SpecialistRef. AF149Location : Middlesex/M1/M25Asking price: OIRO 600,000This company is a sales and marketing company distributing an exclusive range of dedicated gluten and wheat free foods under a well-known brand (owned exclusively by the company) together with a second branded range of products sold in Pharmacies and Healthcare for protein deficiency diets. Its products are produced, packed and labelled by a third party manufacturer.The business was established in 1994 and is proud to be selling through blue chip companies both nationally and worldwide.The owner has been involved in the industry since 1969 with an interest in Coeliac Disease, which at the time affected hundreds of people, unlike the hundreds of thousand it affects today. After years of research and running a small mail order business supplying gluten free food from their home, the owner set up a dedicated gluten free bakery, manufacturing bread, rolls, cakes and cookies; supplying the majority of Europe and closer to home and all the pharmacies and hospitals nationwide.Introducing a brand of dedicated gluten and wheat free foods to the retail market, this was the first company to present a range of free-from foods to the UK grocery trade in 1999; thus launching what is known today as the Free From sector. Their range of dedicated gluten and wheat free foods has over 60 products all exclusively manufactured by a third party manufacturer and complying with the international standard of containing less than 20ppm of gluten. This standard is in line with the Coeliac Society and Codex committee to the World Health Organization, bringing security to consumers of special diet foods.They have now added a range of gluten free pasta, cookies, three varieties of Crackers, a range of breads, rolls and baguettes, (which are perfect for hamburgers or as an accompaniment to any meal).

 

   
Year Business was Established: 1994
   
Number of Employees: 6  
   
Facilities / Terms of Lease: The business is located in North Middlesex and is easily accessible. They have a five year renewable lease in operation that expires in 2013 and consists of a total of approximately 7,500 sq ft of warehouse and office space with parking, on a light industrial park close to the M1, M25 and North Circular Road. The present rent and rates are 120,000 per annum and the lease expires in mid-2018. There is a potential opportunity to exit early if a suitable replacement tenant can be found and the rent savings on alternate premises would be significant.  
   
Potential Growth/Expansion: This is without doubt a growing market place and will continue to be so well into the future with people becoming ever more aware of what the eat and of more and more people becoming more intolerant to various types of food produced.  
   
Competition: The business has used almost no advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business`s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation  
   
Owner willing to train: The current owners will provide all necessary training and handover to ensure a smooth transfer of the business to new owners, with one of the owners prepared to stay on as long as required.  
   
Reason for selling: This is a genuine retirement sale.  
   
Seller Reference Number: AF149
BusinessMart.com Listing Number: 206577
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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