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Wholesale Distributor Of Frozen Foods To Takeaway Industry For Sale

Asking Price:
On request
Over £5M
Net Profit:
Available on request

Turnover of £6.7m in YE21, with an adjusted EBITDA of £174k. Year-on-year growth, with turnover rising by over 75% over a period of three years. Supplies a diverse range of frozen and chilled products to takeaways, cafés, pubs and event caterers. Products include frozen fish and meat products, chilled goods, potato products, canned and bottled drinks, condiments and disposable containers. Sells to 400 active clients, all of whom provide reliable, repeat business on a weekly basis, with many relationships spanning 10 years. Strong second-tier management team in place. Two of the Shareholders have indicated that they wish to remain with the business following its sale. Operates from ideally located leasehold premises. The Shareholders are offering the company for sale to facilitate its continued growth under the impetus of a new owner. Offers invited.

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