Business For Sale & Franchise Search Engine  
   
My Account

Businesses For Sale > Business For Sale in East of England, UNITED KINGDOM - UK (UK)

Refrigerated Warehousing for sale in East of England, UK

East of England, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 4,000,000 Undisclosed Undisclosed

Business Summary:
We are offering for sale a very well-established business originally founded in 1983 to provide potato processing, storage and haulage.The business has had an enviable track record of growth with an experienced operational team, consistent turnover and profit margins.There are 11 storage units in total on the 12-acre site with state-of-the-art temperature-controlled facilities in 10 of the units. The 11th unit is used for potato processing and is not refrigerated.The owners have been running the company from their premises based in East of England, but their client base covers both the East of England and London.There are 3 members of staff employed across the business.The business is well established, profitable and has enormous potential to grow further.Services include:• Refrigerated food storage warehousing• Haulage• Potato ProcessingCustomersThe business has a large and loyal customer base ranging from local companies storing potatoes to retail outlets in London where regular deliveries are made.EquipmentAll necessary equipment is in place to ensure the business can continue uninterrupted including computers, offices for management and potato processing equipment. There are approximately 9,500 wooden potato boxes included in the sale VehiclesThere are two 16 tonne vehicles included in the sale (2016 and 2018 registration), 3 Forklifts and 1 Hand TruckTechnologyAll necessary software and digital equipment are in place to run a successful storage business and a full inventory of equipment is available to all genuinely interested parties.Key StrengthsWith many years of experience in the business, the owners take pride in the reputation ithas established gaining plenty of referral work by word of mouth.The business is sited prominently and is well appointed. The business employs 3 fully trained and experienced staff. The site manager and HGV driver would be willing to continue post completion subject to agreement with the new owners.Growth and ExpansionThe current site offers considerable opportunities for further expansion of 6 stores with existing hard standing for 2 further stores and land for an additional 4 stores subject to planning permission. Planning permission was granted for a further 2 stores but has expired.The site could diversify into other food or temperature-controlled storage.AdvertisingThe business has been built on a word of mouth and has an existing loyal client base. There is further opportunity to develop a website and social media presence with digital marketing.Referrals and recommendations.EmployeesThere are 3 staff including:1 Store Manager1 HGV Driver1 Operational DirectorBusiness HoursMonday to Friday: 8:00am – 5:30pmPremisesThe business operates from prominent and well accessed premises the East of England. The site includes 11 storage units, commercial office space and further space for expansion. There is also a residential property on site which is available for sale by separate negotiation but may be suitable for a site manager or operational director.Financial InformationThe business is being offered for sale on a going concern basis, all financial discussionswill take place directly between the vendor and all interested parties under the auspices ofTurner Butler.The business has achieved a history of excellent turnover and profits consistently over 25years.Turnover circa £1.7m p.a. Gross profit circa £200,000 p.a.Adjusted EBITDA circa £220,000 p.a.The asking price of £4m which includes net assets of c£3.4m is for 100% of the issued share capital of the company (calculated on a zero cash-zero debt basis). A complete asset list is available. There will be a £ for £ adjustment to the final sale price to reflect any movement at completion away from the stated net asset figure.Reason for SaleThis is a retirement sale.Support and TrainingThe existing directors and shareholders will provide full support and training to anypurchaser.

 

   
Year Business was Established: 1983
   
Number of Employees: 3  
   
Potential Growth/Expansion: The current site offers considerable opportunities for further expansion of 6 stores with existing hard standing for 2 further stores and land for an additional 4 stores subject to planning permission. Planning permission was granted for a further 2 stores but has expired. The site could diversify into other food or temperature-controlled storage.  
   
Owner willing to train: The existing directors and shareholders will provide full support and training to any purchaser.  
   
Reason for selling: This is a retirement sale  
   
Seller Reference Number: EJ077
BusinessMart.com Listing Number: 267545
 

 

To request more information
on this business
please fill out the form shown right





Businesses For Sale by City & State
Arizona
Chandler
Flagstaff
Phoenix
Scottsdale
Tempe
Tucson
California
Long Beach
Los Angeles
Orange County
Sacramento
San Diego
San Francisco
San Jose
Santa Clarita
Colorado
Aspen
Boulder
Colorado Springs
Denver
Fort Collins
Connecticut
Hartford
    Florida
Boca Raton
Brevard County
Broward County
Fort Lauderdale
Fort Myers
Jacksonville
Miami
Ocala
Orlando
Palm Beach
Sarasota
Tallahassee
Tampa Bay
Georgia
Atlanta
Augusta
Savannah
Illinois
Chicago
Massachusetts
Boston
Minnesota
Minneapolis
St. Paul
Missouri
Kansas City
St. Louis
New Jersey
Central Jersey
North Jersey
South Jersey
    New York
Albany
Bronx
Brooklyn
Kings County
Long Island
Nassau County
New York City
Queens
Staten Island
Suffolk County
Westchester County
North Carolina
Charlotte
Greensboro
Outer Banks
Raleigh / Durham
Ohio
Cincinnati
Cleveland
Columbus
Oregon
Portland
Salem
Pennsylvania
Philadelphia
Pittsburgh
Texas
Austin
Dallas
Fort Worth
Houston
San Antonio
Vermont

Other
CANADA
UK
More Businesses For Sale
Businesses For Sale in East of England UNITED KINGDOM - UK
Franchises For Sale in East of England UNITED KINGDOM - UK
Refrigerated Warehousing For Sale in East of England UNITED KINGDOM - UK

Businesses For Sale by Category
Restaurants For Sale in East of England UNITED KINGDOM - UK
Car Washes For Sale in East of England UNITED KINGDOM - UK
East of England UNITED KINGDOM - UK Laundromats For Sale
Liquor Stores For Sale in East of England UNITED KINGDOM - UK
East of England UNITED KINGDOM - UK Gas Stations For Sale
Convenience Stores For Sale in East of England UNITED KINGDOM - UK
Internet Business For Sale in East of England UNITED KINGDOM - UK
East of England UNITED KINGDOM - UK Nightclubs & Bars For Sale
Automotive Businesses For Sale in East of England UNITED KINGDOM - UK
East of England UNITED KINGDOM - UK Routes For Sale
East of England UNITED KINGDOM - UK Pet Businesses For Sale
Wholesale & Distribution Businesses For Sale in East of England UNITED KINGDOM - UK
Manufacturing Businesses For Sale in East of England UNITED KINGDOM - UK
Marinas For Sale in East of England UNITED KINGDOM - UK

Buying a Business Resources
Buying a Business in East of England UNITED KINGDOM - UK
The Advantages of Buying An Existing Business in East of England UNITED KINGDOM - UK
Forget The Asking Price of A Business For Sale
Getting Into Business: Refrigerated Warehousing
How To Value A Refrigerated Warehousing

 

Printer Friendly or E-mail this Listing

For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

CONTACT SELLER

Full name:*

E-Mail:*

Telephone:*

Message Text:*

Disclaimer:

We are committed to your privacy. By clicking the Check Availability button you agree the phone number you provided may be used to contact you (including autodialed or pre-recorded calls), even if you are on the DNC list. Consent is not a condition of purchase.

©2021 MH Sub I, LLC dba Internet Brands
Broker Membership | Terms Of Use | Financial Disclaimer | Privacy Policy | Cookie Policy | Resources | Franchise Opportunities | Website Traffic Ranking | Sitemap | Careers | Contact Us | Do Not Sell My Personal Information |