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Superb Food And Drink Business For Sale In Tunbridge Wells, Tonbridge & Sevenoaks

Tunbridge Wells, Tonbridge & Sevenoaks, Kent

Asking Price Open to offers
Turnover £110,000

Business overview

We are a unique snack packaging company based in Kent. We currently supply two Co-op society's whilst in discussions with a further society. Prospects are very bright for the future.

Business details

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  • Net profit
  • Accommodation
  • Staff
  • Rent per annum

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Business description

We are a unique snack packaging company based in Kent. We offer over 70 different snacking products, all packed in our unique, specially designed packaging.

We currently supply two Co-operative supermarket society's (one of which is the largest in the UK) whilst in discussions with a further society. We also supply a range of universities and local independent food stores. We have recently started exporting to a major French supermarket chain with over 500 stores. The first order was 16,000 units. Predicted revenue from France alone will be up to £80,000 per year. We are currently in detailed discussions with an export contact in both china and Lithuania.

We was awarded company of the year in 2014. We hold an industry recognized accreditation, which we have held for 4 years.

The current operation is run by the owner and partner.

There is extreme scope for increased sales, through universities (there are over 700 sites in the UK alone), further export exposed and larger UK supermarkets.

Previous trade shows have been a huge success. We have had a very limited marketing budget so have not marketed the products massively.

The business is only being sold due to other business interests.

Assets list available at time of viewing (currently stands at over £70,000)

Business is operated from a 2,500 square foot industrial unit, on a 5 year lease (4 years remaining) at £14,500 PA, Rates payable are £6,900 PA.

Current stock holding is £22,000 - £27,000.

Turnover for 2016 was £110,000, with predicted turnover of £160,000-£170,000 in 2017. Further offering great potential for a driven individual/partnership.

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