A high-end butcher catering to the commercial sector – based in London

The shareholders are offering the company for sale to facilitate their retirement.

Offers invited.

Key Highlights

– Holds accreditation with SALSA, Red Tractor and UKAS, assuring its customers of the continued quality of its meats.

– Caters to 70 customers across the commercial and public sectors, covering 400–500 individual sites each month, supplementing this with a steady stream of business from private individuals.

– All customers provide regular, repeat business, with some relationships spanning 10 years.

– Experienced management team in place, operating across two shifts to provide 24-hour operation.

– Scope to open a second depot, facilitating nationwide coverage, which could appeal to some existing customers.

Financial Highlights

– Turnover of £5.8m, with an adjusted EBITDA of £487k.

– Turnover has doubled over the last four years.

– Some customer relationships generate in excess of £1.5m per annum, with expectations that this will continue for the foreseeable future.

– A new customer relationship is expected to increase turnover by £1.5m over the next six months.