St Johns Street, Keswick, CA12

Property Details: • Type: Mixed Use • Tenure: N/A • Floor Area: N/A

Key Features: • Idyllic Lake District Business for sale • Keswick based company • Rare opportunity • Highly profitable food production and sales business

Location: • Nearest Station: Aspatria Station • Distance to Station: 13.5 miles

Agent Information: • Address: 28, St. Johns Street, Keswick, CA12 5AF

Full Description: Idyllic Lake District Business for sale. • Keswick based Company occupying premises under a flexible licence• An organically grown, artisan cake & confection making business started in 2008• Ripe for expansion/ merger• Fully equipped food production premises• Experienced staff – management assistance available• On-line, wholesale and retail sales• Sale to include all intellectual and intangible property rights• Sale price £175,000 inclusive of trade inventory - stock at valuation• Turnover circa £300,000. EBITDA >25%A rare opportunity to own and operate a well-established and highly profitable food production and sales business based in the Keswick area of the Lake District National Park.The business can be regarded as an amazing lifestyle opportunity where all the hard work has been done and which can be stepped into seamlessly, or as a vibrant wholly commercial venture with significant expansion and up-scaling potential with obvious synergies for existing businesses in the sector.The product offering includes an expanding range of cakes, bakes and confections with a strong, loyal, client base of wholesale, retail and on-line customers.Growth Potential:Wholesale – interest has been expressed from supermarkets, which remains unfulfilled.Online sales – restricted only by current production output.Catering Services – by expanding the untapped revenue stream provided from local events,corporate functions, and parties and suchlike.Retail sales – currently operated from the production unit - a dedicated retail premises would allow a significant expansion.ASSET INVENTORYPearl Flowrapper (3 years old and fully maintained)Foodtools Cutting Machine (new 2024 at cost of £25K)Dishwasher & Washing Machine10 & 20 & 40 litre Mixers5 Kitchenaids & Kenwoods5 Mono Ovens plus oven trays and cooling racks.2 Upright Fridges1 Upright FreezerBakeware1 Computer1 Ford Transit VanBiscuit/cake packagingOffice EquipmentFridge/kettle/toaster/uniforms for staffEstimated value of the inventory £100,000.This turn-key business offers an exceptional opportunity for aspiring bakers, seasoned entrepreneurs, or anyone passionate about food production and customer service with its loyal customer base, and diverse product offering. In short, it is well-positioned for continued success and growth.FINANCIAL PROFILEThis business generated a turnover of £300,000 with an adjusted net profit of approximately 25%.Full financials can be made available upon further request.PROPERTY INFORMATION2 x single storey workshop/ production units incorporating offices, staff room, kitchens and production space.The property is occupied under an annual licence at a rent of circa £10,000.BUSINESS OPERATIONThe business is run and managed by our clients with an average of 6 staff – including full and part time.LEGAL COSTSEach party to bear their own costs in the transaction together with any VAT thereon.ANTI-MONEY LAUNDERING REGULATIONSThe successful purchaser should be aware that they will have to provide documents in relation to Money Laundering Regulations. Further details are available upon request.FOR MORE INFORMATIONContact the sole selling agents Edwin Thompson LLP: Keith Mitchell or Carol Westmorland in our Keswick Office.REF: K3635743