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Finance And Services:

Sold. Importer, Distributor & Retailer Of Ethnic Polish Food Plus Cash & Carry

LISTING DETAILS
Firms For Sale ID:
25000
Vendor reference:
AF110
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£350,000  
Turnover / revenue:
£2,800,000
Net profit / cashflow:
Undisclosed
Years established:
15
Trading hours:
Monday – Friday 8.00am – 5.00pm Saturday 8.00am – 12.00pm
Number of employees:
7
Employees / staffing:
The owner works full time in the business and has a total of six full time staff, covering all aspects of the business.

OTHER DETAILS
Reason for selling:
Having grown the business rapidly over the years the current vendor believes the time is right to pass the business on to a new owner.
Support and training:
Full support and training will be provided to the successful purchaser.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from well equipped and fully racked warehouse premises, which comprise of administration offices and parking. Situated in close proximity to the North Circular, the business is superbly located in a highly populated area with excellent links to major road and motorway links. The premises are leasehold.
 
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BUSINESS DESCRIPTION
Importer, Distributor & Retailer of Ethnic Polish Food plus Cash & Carry
Ref. AF110
Location : Middlesex
Asking Price : £350,000+SAV
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.
The business has an impressive and growing database of regular clients and constant new referrals. They are extremely competitive, supplying quality products, food and other merchandise, and have an impeccable reputation, offering enormous potential.

Expansion Potential
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.

Market / Competition / Non-Competition Agreements
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 medium.