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Finance And Services:

Business For Sale. Long Established Wholesale Bakery Business

LISTING DETAILS
Firms For Sale ID:
34974
Vendor reference:
AF180
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£45,000  
Turnover / revenue:
£375,000
Net profit / cashflow:
Undisclosed
Trading hours:
Monday Thursday: 6 a.m. 3p.m. Friday: 6 a.m. 1 p.m.
Number of employees:
10
Employees / staffing:
10 full time + owner. 1 management. 2 bakers. 5 production. 2 drivers. 1 administrative.

OTHER DETAILS
Support and training:
Current owners are willing to provide training/familiarisation as reasonably mutually agreed.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Leasehold. Spacious (circa. 10,000 ft² premises located in a centrally located business park. Accommodation: Designated parking. Reception area/staff facilities. General office. Private office. Production area including stores for finished products and goods in/out with vehicular access. Annual Rent: Circa. GBP 12,500 Rates: Circa. GBP 3000 P.A. Currently holding over. Relocatable.
 
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BUSINESS DESCRIPTION
Long Established Wholesale Bakery Business
Ref. AF180
Location : Northern Ireland
Asking Price : GBP 45,000 stock at cost
With a long trading history, this successful business produces an extensive home baked sweet product range; from traybakes to coffee cakes. The business supplies multiple and individual outlets and has a strong repeat customer base.
Financial Profile:
The business is being offered for sale on a going concern basis with offers invited in the region of GBP 45,000 for fixtures, fittings, equipment, goodwill, customer base/list and stock at valuation (circa. GBP 15k).
Turnover in the region of GBP 375K.

Expansion Potential
The business although well established has huge potential for further development by; adding to current sweet range, developing bread range, increasing geographical coverage, development of website and creation of sales function (even part time).

Market / Competition / Non-Competition Agreements
The business does not currently benefit from a dedicated marketing or sales function and huge potential remains to be released by the development of same with potential for increased turnover & profitability.

Development of a user friendly website would also be desirable.