70% Income Through Supermarket Chains
30% Income from Trade Fairs, Markets & Website
Booked for Chatsworth House xmas market 2019, likely income £12,000 from this one event
Annual Turnover 9 months up to June 2019 £49,538
Net profit for 9 months £17,117
Handover Period Offered
Enviable Reputation Within The Sector
Excellent Business Relationships in Place
Easily Relocatable Business & Low Overheads
Fantastic User Friendly Website included as well as F&F and stock
Price includes £20,000 worth of F&F
REF – 6251 Luxury Dressings & Infused Oil Manufacturers
Blacks Brokers are delighted to bring to the market this relocatable luxury dressing and infused oil manufacturer in the much sought after area of Greater Manchester.INTRODUCTION
Adesso Deli manufacturers a luxury range of versatile products Marinades, Dips and Drizzles made using only the finest ingredients.
The business first launched in 2008 with 4 products that were originally sold at trade fairs & markets. This has now grown to become an extensive range of 17 own label products ranging from balsamic creams to dressings through to infused oils.
Adesso Deli also supply ’white label’ products to big brand supermarkets and retailers. All products that are produced by Adesso Deli are additive free, gluten free, nut free and suitable for vegetarians.
The business is currently owned by an entrepreneurial duo who conceive, create and manufacture each and every product. They are totally immersed in the business to ensure that the manufacturing process and the quality of produce is exceptional. This attention to detail has allowed the business to enjoy an enviable reputation within the sector.
The manufacturing process is handled at the premises in Manchester and is currently capable of producing 1000 bottles per day with current equipment levels. The Adesso Deli range enjoys a lengthy shelf life but the business typically manufactures to order and therefore does not carry huge stock levels to ensure maximum freshness.
The business gets trade from three sources. Approximately 70% of the revenue is generated through wholesale supplies to supermarket chains, under the Adesso Deli branding and also “white label”.
Trade fairs and markets generate approximately 25% of the revenue and as our clients have been actively promoting through the national network of trade fairs, but the business could also benefit from further advertising as there is no other advertising in place as of current.
The balance of the revenue comes from organic traffic visiting the website, www.adessodeli.co.uk which, along with delivering product information, also provides customers with recipe ideas to encourage repeat site visits. The website is also supported by an active social media presence too that also enhances brand awareness. LOCATION
The business operates from a unit in Portland Street Manchester that is currently on a lease with low rent of £134 per week, but essentially the business can be operated from any suitable location around the UK. REASON FOR SALE
The founders of the business have now decided to sell due to personal circumstances and other business interests. STAFF
The business is run entirely by the founders without any additional staff. A handover period is available to allow continuity to its suppliers and customers. FINANCIAL DETAILS
Adesso Deli achieved an annual turnover of £53,766 and gross profits of £8,469 based on the 2018 accounts however 2019 is expected to vastly exceed this as the 9 months accounts up to June 2019 showed a net profit of £17,117. Full financial information is supplied after a viewing.SUMMARY
The business is now ready for its next phase. The public profile of the business is exceptional and its connection with customers has allowed the founders the opportunity to build the brand and offer its products to a wider audience. The business is an ideal acquisition for an existing brand that would benefit from offering these products along with an existing portfolio of synergistic products. This would certainly be a fast way to establish a return on investment. Early viewings are advised. Fixtures:
Depositing Machine Riggs Auto Pack
Printing machine Toshiba
Stainless steel tables
£134 Per Week