Manufacturer and Supplier of Ready Meals and Buffet Products Operating Across the UK

Key Highlights

– Operates predominantly in the foodservice sector, working with national pubs and wholesalers.

– Enviable customer base, which includes SME and blue-chip organisations.

– Also operates an e-commerce brand that provides high-quality readymade frozen meals directly to consumer, which benefits from 500 customer accounts.

– Has earned the BRC AA accreditation for the past few years.

– Experienced and knowledgeable personnel in place, led by a proficient second-tier management team.

– Centrally located with good motorway connections.
Scope for growth via additional investment into marketing activities.

Financial Highlights

– Turnover in excess of £13m for YE22.

– Adjusted EBITDA of £826k achieved within the same year.

– Projected turnover for YE23 of £13.25m.

– YE25 forecast of £13.75m.

– Gross profit margins averaging 22%.

– Modern, freehold, purpose-built food factory facilities, which is included in the price of the business.

– Ongoing reliable streams of revenue deriving from all active customers.