Manufacturer and Supplier of Ready Meals and Buffet Products Operating Across the UK
Manufacturer and Supplier of Ready Meals and Buffet Products Operating Across the UK
Overview
Description
Overview
The company is an experienced and highly respected ready meal manufacturer, supplying to the foodservice sector across the UK.
The business’s product range includes British and European meals, a selection of curries, vegetarian meals and buffet-style products.
Demonstrating its success, the company has earned a multitude of prestigious awards throughout its time in operation.
Having built up the business, our clients are now offering the company for sale to facilitate retirement plans.
Offers invited.
Key Highlights
– Operates predominantly in the foodservice sector, working with national pubs and wholesalers.
– Enviable customer base, which includes SME and blue-chip organisations.
– Also operates an e-commerce brand that provides high-quality readymade frozen meals directly to consumer, which benefits from 500 customer accounts.
– Has earned the BRC AA accreditation for the past few years.
– Experienced and knowledgeable personnel in place, led by a proficient second-tier management team.
– Centrally located with good motorway connections.
Scope for growth via additional investment into marketing activities.
Financial Highlights
– Turnover in excess of £13m for YE22.
– Adjusted EBITDA of £826k achieved within the same year.
– Projected turnover for YE23 of £13.25m.
– YE25 forecast of £13.75m.
– Gross profit margins averaging 22%.
– Modern, freehold, purpose-built food factory facilities, which is included in the price of the business.
– Ongoing reliable streams of revenue deriving from all active customers.
Is this business relocatable:
Is this business home based:
Is accommodation included:
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