Business description

This business grows and supplies fresh local mushrooms and produces around 14000 lbs of mushrooms per week. There are currently seven house mushroom units on site with each house holding 27 tons of compost.

Formed from scratch approximately 17 years ago the vendor has established a reputation for the excellent quality of the produce and has a rolling contract in place to sell mushroom production to a large food manufacturer.

Quality Assuance:

The business is reviewed yearly with their commitment to quality produce reflecting their market position.

Equipment:

All necessary equipment for the business is available in the sale including a Fork Lift Truck and Casing Machine.

Customer Service:

Central to the business success is its total commitment to quality produce, personal service and attention to detail.

Key Strengths:

This business was established by the present owner and has been trading successfully since that time with production operatives on site 24 hours per day.

The business is successful in its own right, with an alternative key strength being the site from which the business is run. This covers approximately 1.8 acres and has planning for development of residential property.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The current market value for six detached dwelllings is approximately £990,000.
Turnover circa £500,000 per annum, Net profit circa £135 – 140, 000 per annum

Property information

Property:

Freehold

Location:

Freehold site that comprises of a commercial concrete yard with mushroom houses on site and access driveway.

The site currently has seven mushroom house units with electric cooling units to each house. There is a packing store and a bore well for water supply.

Other information

Expansion potential:

There are excellent opportunities to increase the levels of business. Since inception this business has grown produce of a high standard and is well established in its market. It is considered that a new owner with fresh impetus and enthusiasm can further capitalise on its reputation. There is room on site for approximately 7 - 8 more mushroom house units and this would encourage more profitability.

Competition / Market:

To date the business has relied solely on its well respected name and word of mouth recommendation. There has been no requirement for advertising.

Support & training:

The owner is happy to provide support and training if required as part of a successful sale package.

Reasons for selling:

The vendor has developed the business from a standing start and now wishes to retire.

Trading hours:

Seven days a week