MD03-ABS-Manufacturer of Indian Snacks

Business Link: Click here to view the business

Confidentially offered for Sale

Ref Number: MD03-ABS
Asking Price: £1,100,000
Location: Scotland

Annual Turnover: over £3,000,000

Gross Profit: Over 45% / over £1,500,000

Leasehold Premises

Business Overview

Established in 1985 as a takeaway, the business transitioned into manufacturing in 1998 and has become one of Scotland’s leading producers of authentic Indian snacks, operating under its own instantly recognisable brand.

The company offers a range of high-quality handmade Indian snacks and flatbreads. These are supplied to well-known retailers and major distributors, small retail units, and cash and carries across Scotland.

The business has a strong reputation for authenticity, quality, and customer service, cemented over 40 years of manufacturing excellence.

The company is renowned as the first manufacturer of pakoras in Scotland, a legacy that continues to influence its brand reputation and customer loyalty.

 Key Highlights

Reputation: A trusted name in Scotland with a strong brand presence and repeat customers.

Customer Base: Regular business with major national retailers and leading food service distributors; 100 plus small retail shops.

• Demand: High demand for products, including expansion requests from a major supermarket chain, for distribution in the South of England.
• Growth Opportunity: The business is positioned for significant growth with automation, a 24/7 factory schedule, and achieving BRC certification.
• Diverse Market Appeal: Products are popular among Scottish and multicultural communities.
• Support: The owners are willing to provide a comprehensive handover and training to ensure a smooth transition.

Business Operations

• Location: Scotland, with excellent transport links.
• Premises: 20,000 square feet, including production, chiller, packaging, dispatch, and warehouse units, as well as offices and staff parking.
• Staff: 40 employees, all on documented employment terms.
• Operating Hours: Monday to Friday (7 am to 6 pm) and Saturday (8 am to 1 pm).

Financial Summary

• Annual Turnover: Over £3,000,000
• Gross Profit: circa £1,500,000
• Average EBITDA: circa £145,000 p.a. (pre-director drawings)
• Net Asset Value: Significant Asset Base including plant and machinery circa £270,000, stock etc.
• Potential Profitability: Significant increase with further growth and automation.

 Competitive Advantage

1. Authenticity: Authentic Indian Flavours with a focus on quality and tradition.
2. Reputation: Established and trusted brand since the 1970s.
3. Customer Service: Reliable, flexible, and customer-focused operations.
4. Market Leadership: Pioneers in Indian snack manufacturing in Scotland.
5. Innovation: Continuous product development to meet evolving market trends, such as plant-based and health-conscious options.

Opportunities for Growth

• Expansion: Achieve BRC certification to expand nationally and into EU markets.
• Automation: Introduce automated processes to meet growing demand and increase efficiency.
• Product Development: Launch new flavours and health-conscious options, i.e. vegan, gluten-free, lactose-free and plant-based products. Opportunity for ready-made meals and frozen products.
• Market Penetration: Fulfil requests from retailers for expansion into the South of England.
• Sustainability: Invest in eco-friendly packaging and waste reduction.

Reason for Sale

The business owners would like to retire due to health reasons. They are committed to supporting the buyer during the transition and will agree to non-compete terms.

Conclusion

This is a unique opportunity to acquire a profitable and well-established business with a strong brand reputation in a growing market. With existing demand exceeding production capacity and a loyal customer base, the business is primed for substantial growth under new ownership.

For further information or to arrange a viewing, please contact us.

Confidentiality Notice

This memorandum contains confidential information intended solely for the recipient and should not be shared without prior consent.

Sign NDA 

To Register Interest or to seek additional Information, please contact Abercorn Business Sales e-mail: expert@abercornbusinesssales.com or telephone: 0800-246-1313

Commercial Finance:
Abercorn Business Sales are specialists in highly confidential off-market business sales. Should you require commercial finance, we have a panel of leading commercial finance brokers with access to the whole market to enable you to source the best possible terms.

Call today on 0800-246-1313 or email at expert@abercornbusinesssales.com or visit our website www.abercornbusinesssales.com

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For more information on MD03-ABS-Manufacturer of Indian Snacks talk to Abercorn Business Sales