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Business For Sale
SPECIALISED BREAD & BREAD PRODUCTS PLUS RETAIL
Attn:
Andrew Hudson
North West London, United Kingdom, GB
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Listing Number: "EK013"
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Listing
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Asking Price: |
$3,000,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Food & Beverage: Producers, Bakery, Farms
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Reason for Selling:
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Retirement |
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Yearly Revenues:
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$2,800,000 |
Business for Sale Overview:
Established in 1998 this business is now celebrating its tenth year of successful operation in the manufacture and distribution of specialized bread and related products. Originally founded with retail outlets served by a single bakery, the business has since franchised the retail outlets and invested in substantial production facilities to concentrate on the more lucrative area of production and distribution. Since then they have acquired some major contracts, now supplying major supermarkets and major chains as well as wholesalers, distributors and contract caterers. From that moment on the company has established itself as a major and reputable supplier in this industry, offering both standard and organic products.
Property Features and Assets:
This site has BRC Higher Accreditation and Organic Certification from the Soil Association. It has modern, full production facilities covering approximately 8,000 square feet, consisting of goods in/out, storage area with ambient/chilled/frozen and blast freezing units, high risk production area, high risk food prep area, high risk despatch, low risk production area, low risk despatch and cooling areas. Above is a mezzanine floor with staff canteen, offices, changing rooms, men and ladies toilet facilities etc. It benefits from its own electrical sub-station and has 3 phase electricity supply to the building. Outside is the yard, loading / unloading area and car parking area.
With a renewable lease expiring in 2016 with 5 yearly rent reviews the current rent is £73,000 per annum and rates payable of approximately £33,264. The lease benefits from a tenant break clause in 2011.
Market Competition and Expansion:
The business does very little advertising; they have however benefited from the most effective form of marketing available that of word of mouth recommendation, combined with regular repeat business.
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