business for sale

Successful Dried Food Store

Businesses for Sale

Sale Memorandum

Successful Dried Food Store


Ref.AF057

Location North Yorkshire

Asking Price £48,000

Confidential offered for sale


Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA
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Asking price includes:

Well presented shop with excellent footage and high passing footfall
Excellent supplier partnerships
Trusted and respected name
Complete Turnkey Operation
Established client base
Goodwill

Business profile:

This business was first established 2 yrs ago. In this time, it has earned an excellent reputation for prompt and courteous service, expertise in the industry, selection and variety of quality merchandise, friendly and helpful staff, convenient hours and location, and competitive prices. This business maintains an extensive base of satisfied customers from all lifestyles and spanning generations.

The business specialises in supplying dried foodstuff and ingredients including;

•Bakery
•Confectionary
•Dried Fruit
•Nuts
•Supplements
•Sweets
•Pet foods
•Seeds
•Snacks

The Shop supplies many interesting and exclusive products for home use, offering free advice, ensuring that the clients receive unrivalled attention and professional service.

The business’s name has become synonymous not only with unsurpassed quality of products available, but also with the friendly and efficient service it offers all of its clients.
The business has an immense database of discerning and discriminating individuals of good taste and style, with clients throughout the local area.
Customer Service:

•Personal and friendly service
•Commitment to providing a quality service
•Industry knowledge
•Thorough and efficient service
•Able to pinpoint goods whereabouts
•Quality inspection and control
•Careful attention to detail
•Excellent response times to queries

Key Strengths:

•Friendly local business
•Five High profile estate situated adjacent to premises
•Affluent area
•Superb high street location
•Personal service
•Excellent working relationships with clients and suppliers
•Solid customer base
•Professional service
•Success throughout the local areas
•Loyal and dedicated staff
•Excellent product knowledge
•High repeat business
•Excellent business strategy and project management

Key Opportunities:

•Scope to increase market
•Opportunities to promote alongside other business
•Opportunity to expand a well known existing business
•Excellent opportunity to expand premises
•Opportunity to increase the catchments area
•Scope to develop franchises
•Increase opening hours
•Web based trading
Premises:

The business currently operates from superbly located premises, which are on a high street location, benefiting from a dense footfall and passing traffic. Large parking area is close to the store. Rent on the store is currently set at £400 per month
Advertising and Marketing:

The business has built up an extensive advertising base and has taken advantage of the many mediums in which to advertise their services and high quality products. The business advertises its services through the yellow pages, press releases and public relations, local press, trade awareness, public relations, leaflets and brochures.

A high proportion of the business’s revenue is due to strong word of mouth recommendation it receives bearing testimony to the excellent reputation it has received throughout the industry.
Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable with, low overheads, and positive cash flow, enjoys a Strong Order Book, high gross and high net profit and has shown consistent strong growth in profits.

The shop takes an average of £200 per day, and can positively predict that with longer opening hours £700 per day is easily achievable.
Support and Training:

The owner will provide full business familiarisation, training and handover.
Reason for Sale:

A stage has been reached where the owner wishes to retire and is offering the business for sale not only as an organically expanding going concern but also with further significant growth potential.
Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006

Next steps

If you are interested in finding out more about this business please:

  1. Click here to generate the Confidentiality agreement with your details
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  3. Sign the confidentiality agreement and fax each page of the document to 0870 432 3611
  4. We will contact you and put you in touch with the seller of the business.

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