Description
This business has been established for over 40 years and expanded steadily under the current owner who is now seeking to retire.
The business imports a vast range of its own branded and trademarked quality products from Europe and distributes them to Multiple Retailers, Symbol Grocery Groups, Cash & Carry Groups and selected Wholesalers and Distributors throughout England, Wales, and Scotland.
Due to the value nature of the product, the business is set up strongly to continue to grow through the current consumer credit crunch.
EBITDA: FY'21 - £3.5m + growing in FY'22
Assets: The freehold is also available for the right buyers
Management: The MD, will stay on in the business post-sale
Growth: There is also opportunity to grow through new product lines and expand the own brand intellectual property to strengthen positions with customers
Reason for sale: Retirement..
Listing Details
- Listing Number: 62394-521065
- Location: England
- Price: 0
- Down Payment: 0
- Sellers Discretionary Earnings: 3,500,000
- Category: Distribution
- Inventory: 0
- FF&E: 0
- Employees:
- Years Owned: 44
- Reason for Selling: Retirement
Business Listed By:
- Henry Ziff
- Phone: +44 (0)203 911 1059
- Email: hziff@tworlduk.com