Sovereign is thrilled to act as sole agents for the sale of this thriving food wholesaler, a true gem in the food and drink catering supply industry.
This exceptional business presents a rare chance to acquire a well-established and highly profitable enterprise with an unparalleled reputation. For over 31 years, it has been a cornerstone of the North West’s food and drink supply chain, proudly serving a diverse client base that spans pubs, restaurants, hospitality providers, educational institutions, and care homes. Its comprehensive range of high-quality products has earned the trust and loyalty of its clients, while long-standing blue chip contracts with local authorities deliver a reliable and robust revenue stream, year after year.
Situated within a prime industrial location, the business operates from a spacious and purpose-built 11,000 sq ft warehouse. This modern facility includes a fully equipped, well organised warehouse space and an extensive office area, creating an operational environment designed for efficiency and growth. Located in a thriving commercial area with excellent transport links, the site is perfectly positioned to facilitate seamless distribution and future expansion.
Financially, the business stands out as a powerhouse. For the year ending March 2023, it achieved a turnover of £4,417,505 with a gross profit of £1,001,742. After director deductions, EBITDA comfortably exceeds £315,540, highlighting its strong financial health. The addition of secure, high-value local authority contracts underscores the business’s stability and adds to its long-term investment appeal.
A key asset of this business is its team of experienced and dedicated professionals who bring invaluable expertise and continuity. This well-established workforce ensures that a smooth transition awaits any new owner, providing confidence in the ongoing success of the business.
After more than three decades of building this highly regarded enterprise, the current owner is looking to retire, creating an unparalleled opportunity for a driven buyer to capitalise on its strong foundations. For an existing wholesaler looking to enhance their presence in the food and drink sector or for an entrepreneur seeking a solid and profitable business, this is an unmissable prospect.
Fixtures and fittings are included in the sale (with the exception of promotional items on loan), and comprehensive trading information is available to seriously interested parties. Full staff details and other operational specifics will also be disclosed during confidential discussions.
Don’t miss your chance to own a business with exceptional profitability, an unrivalled reputation, and significant growth potential. Contact Sovereign today to learn more about this outstanding opportunity. Time is of the essence—secure this lucrative business and take it to even greater heights.
Turnover £4,417,505, adjusted net profit after directors’ deductions exceeds £315,540
Serving a diverse client base that spans pubs, restaurants, hospitality providers, educational institutions, and care homes
Established for over 31 years
Impressive, well equipped, state of the art facility
Good reputation for its excellent customer service
Genuine retirement sale
