This is a very well respected refrigerated food distributor that customers actually like to trade with. We would be surprised if it didn't sell quickly regardless of the recession
London, UK (PRWEB) January 23, 2009
For immediate Disposal: Customer Friendly Food Distribution business based London N17 with Freehold Property
Amco Agency has been instructed to offer for sale the business and assets of St. Hubert (UK) Ltd.
This represents a first class opportunity to acquire an established Regional Distribution Centre with a strong and loyal customer base.
St Hubert Foods (UK) Ltd operates a fleet of 15 temperature controlled vehicles that run from the company's distribution centre in London N17. Operations are predominantly within the M25 but outlying major towns are also covered.
St Hubert's sales team receive orders by fax, phone and email for delivery the next day. The Pro Active telesales team also make outbound calls to ensure high utilisation of the vehicles.
Turnover grew from £9.5m in 2005 to £11.2m in 2006 to a peak of £14m in 2007. Management accounts show sales to November 2008 (8 months) were £9.6m.
Gross profit rose from £2m in 2005 to £2.3m in 2006 and on to almost £2.76 in 2007. Management accounts show £2.2m for the period ending November 2008 (8 Months)
The distribution centre comprises of three units one of which is leased. The two further units are freehold one of which is mortgage free. Two units are 6,000 square feet each the other is 9,000 square feet all with yard space some of which is gated. All three units have office space above. There is parking at the front of the management building.
There are two refrigerated areas of around 3,000 sq ft and a freezer area also circa 3,000 sq ft within the units. The company is EFSIS accredited and operates a fully traceable cool chain.
St Hubert is distributing a strong line up of branded products such as Innocent Smoothies, Innocent Juicy Waters, Salty Dog Crisps, Feel Good Drinks, Bio Green Drinking Yoghurts, Eat Natural Bars and Green & Blacks Chocolate.
St Hubert's Multi Temp distribution service carries an unmatched product range and has a terrific reputation within the industry. http://www.st-hubert-foods.co.uk
Michael Charles Commented. "This is a very well respected refrigerated food distributor that customers actually like to trade with. We would be surprised if it didn't sell quickly regardless of the recession".
We are seeking a decisive buyer and parties interested in the sale should contact Michael Charles of Amco Agency.
Telephone +44 (0)8452 300 700 or Email: mc(at)amco-agency.co.uk .
A non disclosure agreement will be required prior to the release of detailed information. Proof of funding may be required.
Michael Charles, F.N.A.V.A
Amco Agency Limited
Suite 501 International House
223 Regent Street
London W1B 2QDs
About Amco Agency
AMCO AGENCY has provided valuation and agency services to insolvency practitioners since 1991. Amco's experience spans most types of chattel assets including IP and knowledge based assets.
Contact Michael Charles 08452 300700