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Ready Meal And Prepared Food Maker On A Coventry Industrial Estate
Coventry, West Midlands, West MidlandsIdentity protected
Available
About this business
Prepares chilled meals, salads and sandwich fillings for contract caterers and convenience retailers. Turnover has been steady at about £2.25m since 2021, but EBITDA has risen each year from £258k to £306k as waste was cut and recipes simplified. The business employs 15 people in a leased unit on an industrial estate in Coventry and has traded since 2019. A buyer would take on a well-run kitchen with improving profits and the capacity to grow volume with new customers.
Key investment highlights
- EBITDA up 19% on stable sales
- Leased industrial unit in Coventry
- Team of 15
- Asking price of £1.23m
Reason for sale
The owner wants to concentrate on a catering business she also runs.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover is flat year on year.
- 2021: baseline
- 2022 (+0.4%)
- 2023 (-0.3%)
- 2024 (+1.7%)
- 2025 (-1.1%)
- 2026 (+1.0%)
- Peak 2024 to latest 2026: -0.1%
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin widened from 11.7% in 2021 to 13.6% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.