Independent, gourmet sandwich and coffee company, providing high quality food and drinks, luncheon sandwich platters and picnic bags to a wide range of customers. The company has established an excellent local reputation over 30 years of trading, benefiting from a now extremely loyal customer base.
Key Aspects
• The company has 7 strategically located shops across the city it operates in, all of which remained profitable during the COVID-19 pandemic.
• Successfully operating and expanding for over 30 years.
• Offers a wide range of food, drinks and deli products, highly regarded for the premium quality and affordable pricing of its products.
• All sandwiches and baguettes are made fresh each day, with as many locally and ethically sourced ingredients as possible.
• The company has an extremely enviable reputation and has become a ‘go to’ location.
• The company completes carbon-neutral deliveries across the city, providing quick and efficient services.
• External sales, including a recently established B2B catering service, currently represent c10% of sales, diversifying revenue streams.
• The company has a strong and loyal customer base, with a strong mix of repeat and new custom.
Opportunities
• Opportunity for an acquirer to gain a strong foothold in the southern market.
• Implement an innovative and targeted marketing strategy to help further brand awareness, generate new business leads, and boost sales.
• Opportunity for expansion via additional stores, to increase market presence and geographic area covered.
• A new acquirer could increase delivery sales through a partnership with a food delivery platform, such as Deliveroo, Uber Eats or Just Eat.
• Opportunity to introduce stores within University grounds, to serve the growing demand from students.
• Opportunity to expand geographical presence, and expand into currently untapped cities across the UK, and expand into new markets.
• An acquirer could invest into the company’s recently established external sales offering, onboarding additional B2B clients, thereby increasing revenue and producing two balanced income streams.
