Business for Sale in Devon NICHE FOOD PRODUCTION, WHOLESALE & DISTRIBUTION

Key Information

Reference

MF37315N

Tenure

Relocatable - Regionally

Status

For Sale

Region

Devon

Sector

Food & Drink Manufacturing Companies

Annual Sales

£417,081.00 Exc. VAT

Accommodation

No

Business Information

Niche FOOD MANUFACTURER & WHOLESALE DISTRIBUTOR, currently based MID-DEVON, close SOMERSET border, offered for RE-LOCATION within the area, primarily supplying throughout DEVON, and SOMERSET, but also into DORSET and WILTSHIRE where major customers are situated. Top performing highly profitable business offering a quality product coupled with service second to none. Established and under same ownership more than 20 years, lucrative recognised brand, very valuable well spread customer base of over 15 years standing, includes major organisations, retailers, catering establishments, and tourist attractions.

Currently based and operating from vendors smallholding/farm which is also their home hence the need to be re-located albeit the business can continue to be operated from the existing premises for a short time until suitable alternative premises sourced, with only a light industrial unit in the region of 2,000 sq. ft. – 2,500 sq. ft. required, with availability in the area. Should any prospective purchaser be interested in the whole site to include the family home, then the vendors would be open to a discussion. Sale includes valuable equipment inventory, estimated in the region of £100,000, considerably more if purchased new, comprising auto jar filling, lidding, and labelling production lines, refrigeration equipment, and much more, re-location not considered a problem as has been undertaken previously.

Renowned business offering a range of quality preserves, at the higher end of the marketplace, the recipes refined over the years, award winning, producing and supplying throughout the year. Enjoying multiple customer revenue streams – retail outlets, catering establishments, a sole distributor, online sales, ‘white’ label sales, and holiday accommodation. Sales £417,081 ex Vat (benefiting from being a Vat reclaimer), impressive Gross Profit (before wages) of £260,624, equates to excellent 63%, ensuring a substantial six figure adjusted Net Profit. Very knowledgeable staffing structure in place, still offers further opportunities to develop and grow business through proactive marketing and promotion.

Company Share Sale £275,000 +/- Net Current Assets, Ref: MF/WD37315N