Celebrated food supplier offers growth on a plate!
Asking Price: Over £180,000
Turnover: Available on request
Net Profit: Available on request
Franchise Resale: COOK Woodbridge, Suffolk.
What’s the opportunity?
Jumping on the bandwagon is exactly what you’re doing when you buy a franchise that’s already up and running – and COOK in Woodbridge is not just any old bandwagon but one that’s lucrative, successful and comes with great growth potential.
COOK’s food retail and delivery service is celebrated, winning two highly prestigious awards, while the Woodbridge business has just enjoyed its busiest ever Christmas trading period with Q3 profits up by 25%, turnover up 12.5%, and home-delivery orders up 10%.
COOK franchisees find the business so rewarding that franchise resales are as rare as hen’s teeth, and Woodbridge is, unsurprisingly, the only one available in the whole of the UK network.
Everyone wants to be part of a success story – especially when that success is already proven and there for all to see – so buying COOK Woodbridge would give you a chance to capitalise on it and grow the business substantially.
How can you take this business up a gear?
• Expand the award-winning meal delivery service to every part of the extensive COOK Woodbridge territory by using more vehicles
• Take advantage of the burgeoning demand for COOK’s products by investing in extra storage capacity
• Capitalise on COOK’s reputation and multi-award-winning status by forming and developing lucrative long-term relationships with domiciliary care providers in your territory whose clients would love your meals and have them delivered regularly
Investments made to improve efficiencies
As the new owner of COOK Woodbridge, you’ll reap the benefits of the current owner’s far-sightedness and determination to find efficiencies in every part of the business.
Recent improvements include:
• Replacing all lighting with super-efficient LEDs that typically use a tenth of the electricity consumed by traditional bulbs
• The installation of new freezer facias that give the shop a stylish appearance
• An eye-catching new till-point and customer-friendly payment system which is already saving around £5k per annum at current turnover levels.
The owner has invested wisely, ensuring each improvement will help to improve profitability in the long-term – a strategy that you, as the purchaser, will continue to benefit from for some time.
Plus you’ll benefit from an in-place team of professionals who are more than capable of running the day-to-day operation.
About COOK
What brands say about themselves is one thing, but what the judges of independent and prestigious awards say about them is something else entirely.
Which is why the buyer of COOK Woodbridge can be confident the business is every bit as good as COOK says it is and that its opinion is shared by the most influential people in the world of food.
BBC Good Food, the most highly respected arbiter of good taste and practice, has named COOK as Best Overall Meal Delivery Service – the highest accolade any player in the industry could hope for.
And Retail Week, the industry Bible, gave COOK pride of place in its annual awards with the title of Speciality Retailer Of The Year – a distinction that sets it apart from all other contenders in the highly-competitive sector.
“This is a brand that really cares,” said the judges. “COOK’s is an amazing growth story while sticking to amazing values.”
That growth story has been unfolding since 1997 with COOK today producing meals of outstanding quality that are frozen to lock in their unique flavour.
Customers can either buy them in-store or have them delivered – delivery being an increasingly attractive option for busy people working from home, those who’d rather not struggle out to the shops when it’s cold or rainy, and clients of domiciliary care services who don’t want Meals-On-Wheels but prefer premier-quality meals delivered at their own convenience.
COOK offers customers a vast choice and caters for all types of dietary requirements and different cuisines.
The business, well aware of the cost-of-living crisis, has been offering discounted meals to customers to keep them aboard, which helps franchisees with customer retention and cashflow.
As a franchisee, you’ll also benefit from the new subscription-model COOK is rolling out across the network after a highly successful pilot.
COOK sees it as an additional business channel with significant potential for growth.
Awards apart, COOK is recognised for its outstanding and continuous support for franchisees, the world-class training and development its proactive Head Office support team delivers, and the family-feeling franchisees will share with their counterparts in the extensive UK network that means they never feel alone or isolated.
About you
Before you enquire, it’s important to be confident you’re the right fit for this business. Do you meet the following criteria?
• Are you happy to be an owner-operator in a retail environment?
• Would you describe yourself as customer-service-focussed?
• Do others see you as a people-person and a strong relationship manager?
• Do you have the drive, the oomph, to grow a business in the food industry?
• Is following a proven system and not deviating from it acceptable to you?
If you’re answering yes to the above points, enquire now to receive more specifics on this lucrative business – without obligation - and find out how to take things forward.
Next Steps
Contact us at Franchise Business Brokers. We’re managing the resale on behalf of the vendors and will do everything we can to help you acquire COOK Woodbridge if you and the business are right for each other.
