ACQUISITION OPPORTUNITY – PROJECT SPRING
Fourth generation professional auctioneers and valuers
The opportunity to acquire the business and / or assets of an award-winning Italian gelato ice cream producer with multiple retail outlets
across North Wales.
Overview
Established, artisanal award-winning stablished ice cream brand.
Well-invested manufacturing hub with more than 35 unique recipes.
Two ice cream parlours throughout North Wales and Anglesey.
Key Features
- B2B and B2C revenue streams
- Experienced team comprising five employees (including two directors)
- Several industry awards
- Registered trademark
- Event catering
- Franchise opportunities
Assets for sale
- Goodwill
- Property improvements
- Plant and machinery
- Fixtures and fittings
- Motor vehicles
- Computer equipment
- Stock
- Debtors
- Website / social media accounts
Summary Financial Information
| £’000 | FY21 Actual | FY22 Actual | FY23 Actual |
|---|---|---|---|
| Income Statement | |||
| Turnover | 297 | 736 | 560 |
| Gross Profit | (63) | 249 | 120 |
| Operating Profit / (Loss) | (19) | 39 | (40) |
| Statement of Financial Position | |||
| Fixed Assets | 323 | 321 | 277 |
| Current Assets | 112 | 118 | 214 |
Process
Further information can be obtained from KBL Advisory on completion of a standard non-disclosure agreement.
KBL Advisory is requesting indicative offers, supported by proof of funding, by 5pm on 26 January 2024, with a view to completing a transaction as soon as possible
thereafter. We reserve the right to close the bidding process early or extend the deadline for indicative offers without liability or advanced notice.
All correspondence in relation to this opportunity should be directed to KBL Advisory as follows:
Julie Webster / Steven Brown
KBL Advisory Limited
Tel: 07534 920625 / 07972 004258
Email: julie@kbl-advisory.com / steven.brown@kbl-advisory.com