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Long Established Family Run Frozen
Food & Chicken Products Wholesaler
For Sale as a Going Concern
Summary of the business
- Offering a range of premium label branded frozen food products including meats & seafood
- Located in the South of England
- Operating from prominent substantial leasehold premises incorporating warehouse & coldstore with mezzanine & offices totalling 20,248 sq ft
- Currently held on lease with seven years unexpired on a concessionary rent until March 2021
- The premises benefit from an additional adjacent self contained modern warehouse building totalling 3,307 sq ft (included in the above total demise of 20,248sq ft) with offices & 16 parking spaces currently with vacant possession
- Extensive car parking & yard with loading dock with front & rear vehicular access
- Option available to acquire freehold interest of site, subject to contract
- Currently 20 full/part time staff available including management
- Management seeking to sell the business & retain a role with any potential purchasers
- Turnover for last financial year £6.5m
Assets Available
- Brand name, goodwill, customer & supplier lists
- The Stock of premium label frozen food products & take away containers (estimated cost value c£250k (fluctuating)
- Warehouse fixtures, fittings, pallet racking & warehouse handling equipment
- Rental fleet of 7.5 ton freezer vehicles & forklifts subject to hire
Sale Method
To protect the company’s goodwill, it is proposed that any sale will need to be agreed and moved to completion as a matter of urgency, and as such, this opportunity is only likely to be available for a short period of time.
Following receipt of an expression of interest and a signed Non-Disclosure Agreement, an information pack will be provided. Offers for the purchase of the business and/or its assets as a going concern, by way of sealed bids, need to be submitted by the deadline below, together with evidence of funding/funding in principle.
Expressions of interest to [email protected]
Offer deadline: 12 noon on Friday 9th October 2020
Contact details
For further information and to request a non-disclosure agreement please email [email protected]
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