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Very Nice Chili Sauce Manufacturing Company In Portugal For Sale

Venda do Pinheiro/ Mafra, Lisbon, Portugal
Asking Price:
€500K - €1M
Sales Revenue:
€750,000
Cash Flow:
€50K - €100K

This is a nice family company producing chili sauces and marinades of high quality level in Portugal, selling 50% in Portugal and 50% abroad. Good sales of small glass bottles and jars in the supermarkets of Portugal, France and UK, with 2 strong brands. Considered as a good supplier of sauces and marinades in the chicken peri peri restaurants all over the world. There are 8 workers and 1 manager in the company, very dedicated. It's a running operation with a very good appreciation from customers and consumers and an excellent quality and food-safety record. The owner wants to retire. Ideal project for someone willing to live in a very nice country! Climate is good, people are nice, no criminality here.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

The rent can be suspend on a very short notice

Leasehold Rent:

€28,000 per annum

Location:

Industrial area very close to the north highway to Porto. 30 minutes drive from Lisbon. 20 minutes drive to the seaside.

Premises Details:

2 rented twin-warehouses, one for production and offices, the other for warehouse and refectory. The production area is at the center of the first building, with sliding-doors and specific ventilation. Very clean area. Changing rooms have been built according to sanitary exigences with showers and toilets.

Business Operation

Expansion Potential:

It is possible to develop sales everywhere with an adequate investment. In Portugal, 3 supermarket chains are available to list our range. Halal business in France is available. In Uk, there's a large potential in both supermarkets and catering, but it is necessary to find adequate distributors. Export sales are possible everywhere, depending on the cost of freight which is currently very high: but as an exemple, we are selling for a few years to Fiji Islands, USA, Japan, and we have been selling already to China, India, South Africa, Australia, Africa...

Competition / Market:

In Portugal, our main competitors are private label, very cheap, plastic bottles. In the traditional business, our brand is #1, and so it is in France. We are #1 in Holland for Garlic purée in catering. We are the best quality brand for chicken peri-peri in the world.

Reasons for selling:

The current owner is 64 and wants to retire.

Trading hours:

8h production an doffice on 5 days/week

Employees:
10
Years established:
34

Other Information

Support & training:

The company is fully working and the current manager will stay. The current owner will help regarding international purchase of packaging and raw materials, as well as will present the new owner to all existing consumers

Furniture / Fixtures value:
€43,000
Inventory / Stock value:
€248,000
Website:
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Related Documents:
Relocatable:
This business can be relocated.

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