Foodservice business

Turnover £3.5m North West

Ref: MHA206

Established North West based foodservice business for sale. Business benefits from the following characteristics:

   • Loyal core customer base. Circa 200 customers.

   • 20 years trading history with recognised brand in its region.

   • Product range is mix of alcohol based and food products. The business is successfully focussing upon growing higher margin for non-alcohol sales.

  • No customer dependency. Customers include - Hotels, restaurants, schools, nursing homes, other local authority operations, nurseries.

  • New food service lines introduced which show strong growth.

  • Turnover of some £3.5m and GP of some 20%.

  • Recent heavy investment in freezer and transport capacity.

  • Owner wishes to retire.

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Client testimonial

We were keen to secure the support of advisers we knew and trusted, understood owner managed businesses, and critically who knew the Agency when launching into the transaction process. MHA Monahans has been Design Bridge’s auditor for many years and combined forces seamlessly with MHA MacIntyre Hudson’s transactions team. Together they really grasped the detail of the transaction and provided invaluable support and advice to assist the shareholders to maximise deal value, along side our legal team at Humphries Kirk and our lead advisory team at Lazard & Co.

Mike Hawkins, Group FD, Design Bridge Ltd