Wholesale / Distribution businesses for sale in City of London

View the "Fine Food Products W8 6JQ" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Asking price: £29,950 Turnover: £100,000 Gross Profit: £16,200
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Business Description
Business
Hilton Smythe welcomes to the market Fine Food Products Ltd.

Established by our client in July 2014 and now offered to market to allow him to semi retire.

The business concentrates on supplying independent retailers and convenience stores with a range of multicultural products from speciality crisps, nuts and pretzels, confectionery, chocolate ranges, drinks such as the Arizona bottled teas, long shelf life croissants, popcorn and much more.

There are currently 80 customers registered on the delivery database with 50 main customers ordering weekly. The average customer order is approximately £150 and most orders come with a next day delivery guarantee.

Our client offers a range of approximately 150 lines, majority with long expiry dates, 30 of which are the most popular, he will also advise retailers what lines are proving popular and ideal locations for them within their stores. Payment is made on delivery.

The main supplier holds a reliable stock of the lines ordered allowing no held stock by the business or wasted. Our client collects 3 times a week from the supplier.

The business is run to suit our client and there is endless scope to increase current product mark-up percentage by sourcing additional suppliers or sourcing direct suppliers from the country the products are sent from. Promoting a new website, area leaflet-drop as well as targeting larger convenience retailers such as Londis and Budgens would also increase current sales levels.

Our client will offer a full handover.

We recommend early viewing due to the location and price of this business. There is a growing demand for more European choices of products across London and many retailers appreciate the personal delivery service this business offers.

Location
Fine Food Products Ltd is currently run from our client’s home in West London.

The business supplies independent retailers in both central London and greater London areas such as Twickenham and Hounslow.

Covering and area of approximately 5 miles, the business could easily be relocated to another location within the delivery catchment area.

The businesses main supplier is based in Hayes.

Premises
Business only.

Citroen Berlingo van 07 plate to be included.

Tenure
Business only.

Hours
Our client operates the following weekly schedule -

Monday - orders
Tuesday - delivery
Wednesday - orders
Thursday - delivery
Friday - orders
Saturday - delivery

Staff
Run by our client only.

Financial Profile
Our client advises the turnover for 2017/18 will be in the region of £100,000 with a gross profit of £16,200 and annual net profit of £10,000.

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04340
Seller Reference:
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