Trade Butchers & E-commerce Store | SE England
| Price: | On request |
| Contact: | 01612580118 |
Based in South East England
The company is a trade butchers supplying high-quality meat, poultry and game to the events, hospitality, education and care sectors, with a dedicated e-commerce site set up to cater to the general public.
Operating across South East England, the company has built up an extensive client base, with long-standing relationships with several prestigious restaurants and private schools. It also has an excellent position within the events industry and has relationships with circa 95% of all banqueting and wedding venues in its operational area.
The company is being offered for sale to facilitate the shareholder’s retirement.
Offers invited
Key Highlights
– Sells premium products at competitive prices, utilising relationships with approved suppliers to ensure that it is providing the finest cuts of meat with full product traceability.
– Caters to over 170 wholesale customers in a diverse range of industries, benefitting from high volumes of regular repeat business, with some relationships spanning 28 years.
– Experienced second-tier management team in place.
– Operates from leasehold premises.
– The recent development of a second factory unit offers opportunities for further growth, with scope to attract new clients in the education and hospitality sectors.
Financial Highlights
– YE23 turnover of £4.7m.
– Adjusted EBITDA of £405k achieved in the same year.
– Approximately 20% of revenue generated from contracts, with the remainder also secure due to the strength of the client relationships.
– Scope to add up to to £850k per annum to the company’s turnover in 2024.
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