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New Oppotunity-ISO9001 Accredited UK Cooking Oils & Food Service Distributor

Kensington Business Sales Ltd News and PR from Kensington Business Sales Ltd - Published 24 June 2022 Project Slick Location: North West UK Asking Price: £Offers Invited Project Turnover: circa £7 Million+ p.a. Project EBITDA: circa £2.82 Million p.a. Huge ongoing growth opportunities
Business Profile

Introduction

This rare and unique opportunity exists to acquire, by way of a share purchase, all of the issued share capital in this highly profitable UK Limited company (“the Business”) that was established over 12 years ago. This company specialises in the supply and distribution of cooking and edible oils and complimentary consumable products to the food/hospitality sector across the North/North West/West and Midlands regions of the UK.
As a result of its unique and customer focused approach to business the company provides a comprehensive turnkey oil supply and collection service. It undertakes the entire process of supply, collection and waste management of the products it sells. It sources from ethical suppliers so as to ensure the waste products it handles are invested correctly back into the industry. The company has its own brand of oils as well as selling other market leading products. It also provides its goods with bespoke packaging to meet specific customer requirements if so required.


Accreditations
The owners have invested significant time and resource in developing the company so it has all the technical knowledge and in-house processes in place to ensure compliance with all the regulatory bodies. It takes duty of care seriously and has invested in quality management systems in-house.

This is demonstrated by the fact the company holds ISO9001 accreditation as well as being certified by The Renewable Energy Directive (RED) and Food Standards Agency, achieving their highest rating. Customers want to know that their waste oils are correctly handled and recycled and this business takes this responsibility very seriously.
It is one of the reasons it boasts an impressive customer base including some very large well-known brands and groups. The company has a very high level of customer service and enjoys the excellent customer referrals and retentions that this brings. It is a quality driven organisation.


Customer Base
The business has a very large and diverse client base within the food and hospitality sector with over 2500 active customers spread across the UK and this number is growing year on year. Clients include instantly recognisable restaurant chains, hotels, groups, commercial clients and independent outlets.
There is huge scope to develop the existing base by increasing the sales of complimentary products and services should a new owner so wish. The business has excellent spread amongst its client base and is not over reliant on any one customer/sector


Handover
Handover should be relatively simple as existing management team already in place. Vendors happy to assist with this.

Reason for Sale
Planned early retirement.

Premises
The business operates from freehold premises on a well-known and accessible industrial estate. Premises are freehold and owned by the business. The business has recently opened a new satellite depot due to ongoing demand. We are advised this new depot is leasehold.
Next St
This rare and unique opportunity exists to acquire, by way of a share purchase, all of the issued share capital in this highly profitable UK Limited company (“the Business”)

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