Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Time to Sell or Time to Buy !

Sold. Wholesale Supplier Of Imported Food & Drink Products

LISTING DETAILS
Firms For Sale ID:
34096
Vendor reference:
EJ072
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£185,000  
Turnover / revenue:
£1,100,000
Net profit / cashflow:
Undisclosed
Years established:
15
Number of employees:
7

OTHER DETAILS
Reason for selling:
The vendor and his wife are looking forward to retirement
Support and training:
Full support and training will be provided to establish continuity of trading for the new owners with the suppliers and buyers.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Wholesale Supplier of Imported Food & Drink Products to Portuguese, Congolese, Pakistani and African grocery outlets
Ref. EJ072
Location : Essex Relocation necessary
Asking Price : GBP185,000
The vendor runs this business with his wife. Established in 1998 the business is a wholesale supplier of Imported food products to Portuguese, Congolese, Pakistani and African small grocery outlets, importing produce from Portugal, Brazil, Africa and China.

This is a rare opportunity to purchase a well established ethnic foods, wholesale and distribution company that has been trading for over 15 years.

The company provides customers with a regular delivery programme, which ensures requirements are always met.The business stocks a wide range of ethnic food and drink and is renowned for stocking high quality branded products.

This business truly is a one stop shop for its trade customers, with the facility to buy and store in bulk it offers excellent availability, quality and price.

The business has excellent supplier relationships in place and could be a great bolt on business for a similar company.

Market / Competition / Non-Competition Agreements
The business has never invested in any form of marketing . There is a web presence that would need to be updated and should this investment be made it could have a major influence on the trade and profit of the business, especially if it provided an e-commerce site for easy on-line ordering. The business is currently trading on brand name and reputation alone so increasing the marketing as above and also with direct marketing, leaflets, mail drops and local press advertising could be beneficial.