An importer of ingredients and Asian food products

The company is being offered for sale to facilitate the shareholders’ retirement.

Offers invited.

Key Highlights

– Caters to over 100 customers across the UK and Europe, primarily supplying food manufacturers and wholesalers.

– Long-standing relationships in place with several well-known blue-chip organisations, some of which span 20 years.

– Consumer awareness of the health benefits and culinary uses of ginger is expected to drive market growth in forthcoming years.

– Second-tier management team able to manage day-to-day operations.

– Offered for sale as a fully relocatable opportunity, with all staff currently working remotely.

Financial Highlights

– Turnover of £2.6m achieved in YE23, with an adjusted EBITDA of £406k.

– Draft turnover of £4m for YE24, with an adjusted EBITDA in the region of £800k.

– The forecast for YE25, expects that turnover will reach £3.6m, with the adjusted EBITDA exceeding £534k.

– Average gross profit margin for YE22–YE24 of 23%.

– Shareholder funds in excess of £2m.