Overview
Description
The company is a specialist manufacturer and wholesaler of wild bird food, caged bird feeds and racing pigeon corn mixtures, supplying products under several established brands.
Operating nationally, the company has built up a significant client base, with its brands being synonymous with quality, ensuring that it stands apart from competitors within its sector as a trusted supplier.
The company is now being offered for sale as part of the shareholders’ exit strategy, presenting an ideal opportunity for a purchaser to acquire a successful, growing business that retains ample scope for further expansion.
Key Highlights
– Utilises established processes to produce unique, specially formulated feeds, ensuring all products are of a consistently high standard.
– Sales are generated through an established e-commerce store, through sales staff or via repeat custom.
– Benefits from a diverse client base, predominantly working with pet retailers, e-commerce stores, garden centres and bird breeders.
– Maintains long-standing relationships with clients, many of which span over 10 years, with the vast majority of clients providing regular, recurring business.
– Skilled and dependable team in place, capable of managing most day-to-day operations with minimal oversight.
– Operates from leasehold premises based in South England, which benefit from on-site production, storage and office facilities.
Financial Highlights
– The company achieved turnover in excess of £5 million in YE22, with an adjusted EBITDA of circa £530k.
– Whilst profits were temporarily impacted by the pandemic, they have since grown to record levels and are projected to rise in the current financial year.
– Possesses machinery, forklifts and other assets collectively costing over £650k.
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