Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Grocery Wholesaler Authentic Ethnic Dry Spice Blending

LISTING DETAILS
Firms For Sale ID:
34304
Vendor reference:
AF172
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£150,000  
Turnover / revenue:
£157,465
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Grocery Wholesaler Authentic Ethnic Dry Spice Blending
Ref. AF172
Location : South West
Asking Price : GBP150,000
Started in 1990, the original founder started blending spices together in small sachets and sold them with recipes for his own Indian meals printed on the back. The packs were an instant hit they allowed people to create authentic Indian dishes easily and conveniently.
When the original founder retired, his children took over and along with the 29 blends in their Classic range they have now developed 16 organic spice blends, certified by the Soil Association, using the same authentic recipes and blends. The cooking instructions are easy to follow and other ingredients needed to complete the dishes are readily available. Each sachet makes a delicious meal for 46 people.
The customers are a mix of farm shops, delicatessens, food wholesalers and food box suppliers and are found by word of mouth, through the internet and trade show attendance.
There is a small packaging line through which the spices are bagged. The bags are then put into boxes by hand by an outside contractor and deliveries are by post or courier.
There are no employees.
The business is located on the outskirts of a SW city on a wellknown industrial estate and can either be relocated or remain where it is. The premises comprise of a unit of circa 2000 sq.ft. A new lease will be offered to the purchaser at an annual rent of cGBP10,900pa plus rates of GBP5,500pa. The landlord is the vendor and he is amenable to the lease being surrendered if a purchaser wants to relocate the business. Alternatively the owner is also prepared to sell the freehold with an asking price of GBP165,000.