Lucrative Niche Food Wholesaler in London

Barking, London
REF: 04280

Asking Price:
£299,000
Annual Turnover:
£1,411,576
Annual Net Profit:
TBC
REF: 04280

Overview

Tenure:
Leasehold
Established:
2011
  • Large customer base
  • Niche products
  • High annual turnover
  • Excellent reputation
  • Scope for further growth

An excellent opportunity has arisen for a new buyer to acquire a niche Eastern European Food Wholesaler based in Leyton, London.

This business specialises in a wide range of Lithuanian and other Eastern European products, such as dairy, meat, frozen and preserved products, soft and alcoholic beverages, fruits and vegetables and other non-food items. The business has developed an excellent reputation within the industry for the quality of its products and professional service.

With an impressive annual turnover and strong industry connections, this is an ideal opportunity for an entrepreneur looking to acquire a profitable business with scope for further growth.

The business acts as a niche Eastern European Food Wholesaler based in Leyton (East London), supplying a large customer base of catering businesses, niche supermarkets and convenience stores with in-demand products, particularly from Lithuania, Latvia and Poland.

This wholesaler imports a wide range of products, including perishable items, such as dairy products, meats and fish, frozen products (dumplings, pastries, pancakes, fish, meat, breads and ice creams), preserved food, soft and alcoholic beverages as well as fruits and vegetables and other non food items. Additionally, business supplies specialist spices, sweets and biscuits. The business prides itself on the high quality of its products and maintains excellent links with suppliers in Eastern Europe.

Easily recognisable due to its prominent position on a large industrial village with clear signage, the business occupies a sizable warehouse premises. The interior décor is in keeping with a busy warehouse and is kept immaculately clean well maintained. There is ample space for a wide range of storage facilities, as well as all the necessary sorting and shipping equipment.

Intelligent Business Partners are pleased to offer to the market a fantastic opportunity for a new buyer to acquire a well-established and profitable Eastern European and Lithuanian Food Wholesaler based in Leyton, London. The business imports a wide range of fresh food and vegetables, frozen products, perishables and soft drinks to its London warehouse before distributing to a wide range of suppliers across London and further afield. With a large and loyal customer base, the business enjoys high levels of repeat custom and an excellent reputation.

A new buyer may look to increase profitability in the future by expanding the existing customer base through implementing marketing strategy. Currently the business does not advertise, maintaining its customer base through word of mouth recommendation and repeat custom. Expanding the number of clients across the country will ensure the business continues to thrive.

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  • Leyton, East London
  • Large warehouse premises
  • Ideally situated
  • Busy industrial village
  • On-site car park
Rent
£34,200
Rates
£12,673
Lease Term
1.5
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
D 76-100

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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