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Established Confectionary, Chocolatier & Gifting Business In Midlands For Sale

Westmeath, Ireland
Asking Price:
€350,000 Furniture / Fixtures included
Turnover:
€500K - €1M
Net Profit:
Undisclosed

Multi Award Winning Confectionary, Chocolatier & Gifting business launched in 2022 available for private sale. It's an online business (e-commerce website delivering nationwide IE & NI) and boutique retail store located in the midlands. The commercial unit consists of the boutique retail store (high standard fitout), adjoining warehouse and commercial kitchen (chocolate factory), an office and with shared alleyway space linked to a back delivery entrance. The products, branding, packaging and social media presence are also major assets with the business. The business is heavily promoted through social media with a large stock of high quality content built up over two years.

The current main revenue streams include online sales, shop sales, corporate gifting and wholesale opportunities. The brand has gained considerable nationwide recognition within it's first two years of business and has been featured on all main TV & radio stations and all main publications. The products have been and are listed in the majority of the top national retailers and high end gifting stores. They are currently listed in 20+ independent retailers with this area offering the greatest opportunity for brand expansion. Corporate Gifting also offers a major opportunity for growth potential. The company has not focused online paid advertising to date therefore this area offers additional growth potential for expansion.

Annual rent for the commercial unit is €40k per annum with a 5 year lease in place (2.5years remaining). Commercial unit consists of 2,200sq ft and is located on the main street in a primary midlands town. The purchaser of the business will take on the remaining lease and will have an option to renew after the remaining 2.5 years.

The business would suit someone who wants to acquire an established business with the focus on growing and expanding the operation or an existing manufacturer that would like to add to their current brands and portfolio.

Reason for sale - the current business owners want to focus on expanding their other business (different industry, non competing). Current Owners can work with purchasers on handover over a period of time.

Property Information

Real Estate:

Lease

Lease Terms:

5 years (2 years remaining) option to renew at the end of the lease

Leasehold Rent:

€40,000 per annum

Location:

Main Street Location (High Footfall), Primary Midlands Town

Premises Details:

Leased Premises, 5 years Lease (2 Years Remaining), Option to Renew after 5 years. Contains Retail Shop, Warehouse, Commercial Kitchen, Office, Toilet, Shared Alleyway/Back Delivery Entrance

Size in square feet:
2,200

Business Operation

Expansion Potential:

Further expand wholesale market, listing in nationwide independent stores and expand further listings in national retailers. Expansion of Corporate Gifting Market. Online Advertising to promote website & products. Additional Shops and Popup shops with other high end retailers and shopping centres.

Competition / Market:

All main and independent chocolate & sweet brands.

Reasons for selling:

Business owners have existing business in another (non competing) industry and would like to focus efforts on expanding the business with additional locations.

Trading hours:

Shop 11:00-19:00 (7 Days Per Week) / Online 24/7

Employees:
8
Years established:
2.5

Other Information

Support & training:

Full support from current owners and over prolonged period of time if required.

Furniture / Fixtures value:
€230,000 - included in the asking price
Inventory / Stock value:
€90,000
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.