The company supplies a wide range of ice cream and frozen food products to an established base of approximately 1,000 retailers and benefits from official distributor status with blue-chip suppliers, supported by an in-house distribution fleet, an experienced workforce, and company-owned premises with substantial cold-storage capacity.
Key Aspects
- Leading Supplier Relationships: Supplies all major ice cream brands in Ireland, alongside leading re-tail frozen food brands, to a broad base of national retail groups.
- Direct-to-Customer Focus: Generates 98% of turnover through direct-to-customer supply, ensuring full control over service quality.
- Efficient Sales Management: Approximately 60% of annual sales are conducted via central billing arrangements, streamlining operations.
- Strategic Retail Partnerships: The company provides branded ice cream freezers to its retail customers on a free-on-loan basis, in partnership with key suppliers.
- Flexible Distribution Capacity: Maintains significant spare distribution capacity, enabling rapid response during peak seasonal demand.
- Experienced and Loyal Workforce: Supported by a loyal, long-serving team with near-100% staff retention.
- Established Market Reputation: Nearly 20 years in the market highlights the company’s strong reputation for quality and reliability.
- Capacity for Growth: Operates from group-owned premises with sufficient capacity to accommodate up to 100% growth.
- Future Profitability Potential: Well-positioned for continued growth in profitability in the coming years.
Opportunities
- Access to Strong Supplier Relationships: This acquisition provides immediate access to established supplier partnerships with major ice cream and frozen food brands.
- Product Offering Expansion: A complementary acquirer could expand its product portfolio to include all major ice cream brands in Ireland, alongside a broad frozen food offering.
- Strengthened Retail Partnerships: Established relationships with numerous major retail groups make this an attractive acquisition for a buyer looking to reinforce relationships with national retail partners.
- Profitable, Growing Business with Organic Potential: The business has demonstrated consistent growth and profitability, with clear opportunities to deliver further profits without significant investment in infrastructure.
- Scalable Operations at Minimal Cost: Operates from group-owned premises with ample room for expansion, supported by a modern, well-maintained vehicle fleet that is not yet fully utilised, providing significant capacity to scale operations at minimal incremental cost.
- Foothold in Ireland: For an international acquirer seeking expansion into the Irish market, this represents a compelling opportunity to acquire a profitable business with official agent status for major brands, providing immediate scale and market access.
Turnover - €3.9m
Adj. EBITDA - €707k
