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Finance And Services:

Sold. Fruit & Vegetable Wholesalers

LISTING DETAILS
Firms For Sale ID:
34633
Vendor reference:
EB059
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£295,000  
Turnover / revenue:
£1,100,000
Net profit / cashflow:
£54,000
Number of employees:
5
Employees / staffing:
A total of five staff including the directors are employed in the role of; Buyer/seller Administration Despatch and distribution Van delivery driver Store and vegetable preparation

OTHER DETAILS
Reason for selling:
Genuine retirement
Support and training:
The vendor are happy to provide support and training for the new owner.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business is fully relocatable. The current operating premises have been newly refurbished and are c.4,000 sq. ft. comprising of a ground floor building on a 1/3 acre site. There is a cold room, general storage area and staff toilet and kitchen facilities. If required, the vendor is willing to create a new business tenancy with mutually agreed terms.
 
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BUSINESS DESCRIPTION
Fruit & Vegetable Wholesalers
Ref. EB059
Location : Ulster N Ireland
Asking Price : GBP 295,000
This fruit and vegetable wholesale business supplies many different products that are sourced from various suppliers who deliver directly to the company depot. The business offering symbolises quality products, excellent customer service, competitive pricing and professionalism. Highly dependable, deliveries are undertaken 7 days per week , 364 days per year.

Clients are mainly the Hotel, Restaurant and Catering trade.

Expansion Potential
New customers approach the company, without any money being spent on marketing. Being constantly busy has meant values have grown by 31% during 2016 and further growth is expected in 2017.

However, the owner has purposely restricted sales growth based on man hours available and his own time constraints.

There would therefore be no problem in growing future sales at it is not uncommon for prospective customers to be turned away should they not fit in the vendors perceived easy geographical delivery area.

Expanding the product range would be a way forward plus investment in marketing or developing a website for online sales orders and delivery arrangements. On the road salesmen could also be employed. All of these possibilities could attract prospective clients who in turn would add value to turnover and profitability in the future.