Total of 18659 firms and businesses for sale today Friday 10th May 2024
Sold. Established Fresh Milk Distributor Commercial & Domestic Sales
LISTING DETAILS
Firms For Sale ID:
28939
Vendor reference:
EG010
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed
Turnover / revenue:
£1,100,000
Net profit / cashflow:
Undisclosed
Years established:
5
Number of employees:
14
OTHER DETAILS
Support and training:
The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners. There is a good team in place so this should be a relatively simple transfer.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The current lease is a 3 year one. Rent is circa £10,000 p.a.
BUSINESS DESCRIPTION
Established Fresh Milk Distributor
Commercial & Domestic Sales (Non Retail)
Ref.EG010
Location West Midlands
Offers Invited
This highly respected and successful fresh milk and produce distributor/wholesaler has been serving the local population (domestic and businesses) for the last 5 years and in that time has built up a sterling reputation for providing a highly reliable and consistent level of service to its customers. Its service is based on fresh produce and reliable delivery.
Ideally located in a densely populated area the business enjoys a large captive market both in terms of domestic and business to business customers. The organisation currently has some 4700 domestic/doorstep customers and a further 150 commercial/semi retail clients all located close by. The company has chosen not to serve the retail market by choice.
Milk makes up circa 95% of sales with the remaining 5% being made up of complimentary products such as juices, water, soft drinks, eggs, yoghurts, breads, fruits, vegetables and the like. The company has excellent supply relationships in place which ensures consistent delivery of fresh produce. It enjoys a daily milk delivery from its chosen processor.
Operating within both the domestic and commercial marketplace the business has a very high level of regular custom. It has enjoyed impressive growth since inception with sales having more than doubled since 2010. This trend is expected to continue as the UK is seeing strong growth in its milk/dairy markets.
This business offers a very personal and courteous service. This is illustrated in the impressive sales and profitability figures it achieves year on year with new customers continually coming on board such is its reputation. This is an excellent opportunity to acquire a truly established business highly regarded for its quality products and customer service.
Market / Competition / Non-Competition Agreements
The business has an informative website that also allows customers to view their account and pay bills. In addition to this the company utilises the services of a canvassing company to recruit new customers.