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Wholesale Potato Packing and Suppliers

Price:
Leasehold - £475,000
Turnover:
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Seller Ref:
EJ032
Location:

Lincolnshire

Business Type:

Retail businesses

See Other:
Wholesalers for sale in Lincolnshire
Retail businesses for sale in Lincolnshire
Description:
THE BUSINESS:
This well managed business was established approximately 20 years ago and has benefited immensely from the directors many years of experience. Since inception, the business model has been based on strong traditional values, with potatoes sourced from local suppliers. The potatoes, mainly baking variety, are washed, graded and packaged ready for the wholesale and the catering sectors. The finished products are then sold directly to retail outlets, mainly market based.

The business has an active customer base of circa 100 customers, with 50 or more purchasing weekly supplies. Repeat sales levels are high, with this being attributed to the high levels of personal service, coupled with regular visits by sales personnel.

The vendor of the business, although reasonably satisfied with current levels of business and organic growth, feels that a new owner could expect to increase production by up to 50%, should demand be elevated through further marketing outreach.
Lease Terms:
The business premises are leasehold. Current yearly rental is circa £20,000, with rates coming in at circa £16,000 per annum.
Trading Hours:
Monday – Friday: 8.00am – 4.30pm
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