Total of 18659 firms and businesses for sale today Wednesday 1st May 2024
Sold. Speciality Sea Food Produce For Wholesale Trade
LISTING DETAILS
Firms For Sale ID:
32739
Vendor reference:
AF162
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£60,000
Turnover / revenue:
£265,000
Net profit / cashflow:
£67,000
Trading hours:
Monday – Thursday: 7am - 4pm
Friday: 7am - 3pm
Number of employees:
3
Employees / staffing:
There are 2.5 employees inc.
2 factory/warehouse workers
1 part time bookkeeper/order taker/credit controller
OTHER DETAILS
Reason for selling:
The reason for the sale is the owner operates a very successful restaurant and wants to concentrate on that. This is a non-core disposal.
Support and training:
The vendor is happy to provide support and training for the new owners to ensure a smooth transition of business.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
A new lease is being offered on terms to be agreed, the current rent is £18,798 per annum with rates of £6,885.
BUSINESS DESCRIPTION
Speciality Sea Food Produce for Wholesale Trade
Sustainable marinated and semi-preserved seafood
Ref.AF162
Location Devon
Asking Price £ 60,000
The business produces marinated fish and shell fish products, buying in seafood and repackaging it in oil into large 1 and 2 kg plastic jars. The business expertly pickles, jars and marinades sardines, mussels, squid and seafood salad for sale and distribution to the wholesale trade, plus food service, restaurants and delicatessens.
The owners are dedicated to making the most of the superb sustainable seafood in the local area and developing new and unique products, including shellfish and sardines, which are a popular and growing market for this business.
The business is based in South Devon and occupies an extremely well presented and fitted out food manufacturing unit all in excellent condition. The vendor advises us that he has invested around £300k on fitting it out. The unit is not operating at full capacity and additional lines could be introduced. Maximum output is probably 6 pallets per day, which is the freezer capacity.
A thriving business with an excellent history of trading it has remained successful due to the quality of its product and service. This would make an ideal acquisition for someone wanting to get into the fish wholesale business or the catering sector and who wants to expand and more fully utilise the existing factory. Alternatively they could run the business as is and make an excellent living.