Profitable Food Supplier in London

London, London

REF: S07379

Asking Price:
£110,000

Annual Turnover:
£72,784

Annual Net Profit:
£18,340

REF: S07379

Photo of Profitable Food Supplier in London

Overview

Tenure:
Leasehold

Established:
1998

Asian food supplier
Centrally located
Well-established
Excellent reputation
Strong client base

The business for sale is a food product supplier for the Asian market based in London. This business has a strong client base and has developed an excellent reputation for selling great products.

Since establishment in 1998, this business has gone from strength to strength and has become very well-established within the area. Serving a range of B2B customers, the business has built up a reliable and returning clientele.

The current owner is now looking for a new owner operator to take on and ensure the continued success of the business.

The business for sale is a food product supplier for the Asian market-based in a central London location. This business sells excellent food to a strong client base of various businesses and has developed an excellent reputation within the area. Reduced product lines are being reinstated which doubles profits.

The premises of this business is located in central London in an industrial unit. Customers enter through the front door straight into an open plan workshop. There is a small office on the left.

There is a variety of equipment included in the sale of this business including a sausage filler, a mincer, a hydrator/dryer, an oven, a dough mixer, a packaging machine, a brand saw, a prover and a steamer. Total stock value is an estimated £5,000, the sale of which is included in the advertised asking price.

This is an excellent opportunity to acquire a successful and well-established Asian food supplier with a strong customer base in an area which receives great levels of footfall. The new owner would be excited to take on a business which has a strong client base of various other businesses.

This business has excellent potential for growth and could be developed further by reinstating past product lines. This business could also be expanded through the use of various marketing techniques such as leaflet drops and digital marketing. The development of an online presence through social media would also further increase brand awareness and entice new customers.

This opportunity would be best suited to an experienced chef or a first-time buyer from the food industry who is looking to take on an exciting business with excellent potential for growth. The current owner is willing to stay on for a transition period to ensure the smooth handover of the business.