PICK AND MIX SUPPLIER NORTH/EAST LONDON

Price:

Other - £15,995

Turnover:

Seller Ref:

M25529LN

Location:

London

Business Type:

Distribution companies, Food Service Businesses, Retail businesses

See Other:

Other food service businesses for sale in London
Other food service businesses for sale in London
Vending round businesses for sale in London
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Food service businesses for sale in London
Distribution companies for sale in London
Retail businesses for sale in London

Description:

THE BUSINESS:

LOCATION AND DESCRIPTION

The business supplies Pick and Mix to a select number of retail outlets throughout north and east London. There are currently up to 20 customers who are obliged to buy from the vendor as his equipment is installed in their premises. Customers are visited regularly to stock up and to establish future needs. The vendor is selling as he currently commutes a considerable distance and this is for him only a part time business and the opportunity therefore exists for someone more locally to build the business. gain more customers and make it into a profitable full time business.

THE ASSETS OF THE BUSINESS

The business assets consists of the goodwill of the business. the customers and contacts together with equipment installed. stock.

THE BUSINESS

The business operates on a cash on delivery basis. with profit margins ranging between 35% -55%. The business currently has 17 customers as is operated at a distance on a part time basis and produces an annual turnover of circa £14.000 and annual profit of £6.000. The business is therefore valued at just over two times annual profits.

SALE PRICE: £15.995 to include goodwill and the equipment that comes with the business. We are advised equipment value is circa £3.422

NOTE

Ideal opportunity to acquire a very profitable undertaking with the benefit of considerable upside in terms of developing the business into new geographical areas and gaining of new customers.

Trading Hours:

To suit

Accommodation: