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.
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.