Sold. Food Display And Food Counter Equipment Company Serving The Catering Trade -design, Manufacture &

Food Display and Food Counter Equipment Company Serving The Catering Trade -Design, Manufacture & Supply- Leasehold

Ref.CH112
Location North Midlands
Asking Price £385,000 including stock

Turner Butler is delighted to be appointed as sole selling agents for this progressive and dynamic business opportunity which has never been brought to the market for sale before.

This is an excellent and exciting opportunity to purchase a relatively young and growing business which designs, manufactures and supplies a comprehensive range of specialist food display equipment in a vareity of materials to the catering/hospitality industry. In addition to supplying its own unique and innovative ranges the company also has exclusive UK rights for a leading European manufacturer. Furthermore they also offer a bespoke design service to identify and create the perfect solution for individual client needs.

The full range of equipment can cater for a whole host of applications including, all counter, confectionary, condiments, coffee bar, deli bar, hospitality, restaurant, cakes displays and snack trolley requirements.

The company is in a strong postion in that it has a truly diverse customer base and supplies not only key distributors but also the contract market and end users alike, many of whom are blue chip companies or large public sector bodies. It proudly boasts 5 of the most sort after accounts in the country as well as a distributor network that is growing all the time. It also undertakes some export such is the demand for its innovative food display equipment.

The company operates its business from a modern well equipped leased industrial unit which serves as their showroom, office and distribution hub. However, the trading and operating performance of this company would make them an ideal candidate for bolting on to an existing companys portfolio.

The business is profitable and easy to run with the simple business principle of providing a comprehensive range of quality and innovative in-stock products consistently and at a competitive price.

Expansion Potential
This is an all year round business with very little seasonal changes. However, there remains scope for a new owner with fresh energy and ideas to increase sales and bring in further turnover and profits. There is a good order book in place, which could be increased with further staff employed. Further resource would also enable the business to be more proactive with regards new business sales as it has a new range of products to market.. The business is currently enjoying good growth in terms of sales and new accounts and current financial data suggests the turnover for the next financial year will be nearer circa £600,000.