Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Thriving Gourmet Food Production Business & Restaurant For Sale

Cork, Ireland
Asking Price:
€400,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€1,200,000
Net Profit:
Available on request

This is an exciting opportunity to acquire a well-established and highly successful food production company and restaurant with a strong market presence and reputation for excellence. Established in 1992, this multi-faceted food business is now on the market to enable the owner to transition towards retirement.

This speciality gourmet and artisan food manufacturer, wholesale distributor and retailer (on-line and on-site) has a well respected household brand throughout Ireland and Northern Ireland. The company's brand is synonymous with quality and being produced locally. Located in a prime area, this business has been serving loyal customers (both consumers and distributors/retailers) for over 30 years.

With supply contracts in place with Tesco and Super-Valu, a contract with a speciality distributor at Dunnes Stores and supplying to many other smaller retailers, this well established business has come a long way from it's humble roots.

Also for sale as part of the manufacturing business is a very well known 60 seater restaurant serving the finest of contemporary food and wine and hosting exciting events in the Cork City area.

The business has an excellent online retail platform, which has seen a large increase in sales over the last number of years.

There is a skilled and experienced management team in place who are committed to maintaining the company's high standards and excellent reputation.

There is huge growth potential for this business, with opportunities to expand further throughout Ireland and Europe.

This is a rare chance for an entrepreneur or an existing company to acquire a thriving business with substantial growth prospects.

Property Information

Premises Details:

1992: The business started by setting up a retail outlet and selling imported products and gradually included more and more Irish Cheeses and Charcuterie.

1995 : Creation of a production company for the the home made range of artisan products. Started selling though Markets nationwide. This greatly helped build up the brand to what it is today.

2001: Moved to a much larger retail outlet including a small kitchen. The business experienced an increased demand for wholesale. There was also a signifcant growth of sales of all home made products as well as speciality farmhouse cheeses, both Irish and imported. The production facility became too small for the demand, as the business was selling nationwide through speciality shops and SuperValu.

2009: Moved the business to a brand new production facility in Cork, incorporating a second retail outlet, and a cafe for lunch and product tastings. Started to sell nationwide through a distributor at Dunnes Stores. The business joined Good Food Ireland events and started participating at major food festivals.

2012 : Production facility was upgraded to new EC regulations. Extension of the Cafe to a 60 seater restaurant, and improvement included the installation of two new kitchens - one for the restaurant and one for production. The restaurant began hosting musicians and concerts, which have proven to be extremely popular over the years.

2015 : Started selling Nationwide with Supervalu through their Central distribution network.

2018: Turnover for the business surpasses €1 million.

2019: Joined the NeighbourFood Platform, which is an online platform that sells local food directly from Producers to Consumers.

2020: COVID. Restaurant closed. Retail and take away kept going. Online sales through a newly designed web site explode, as well as the NeighbourFood platform. Very strong sales of products throughout supermarkets nationwide.

2024: The business has secured new markets in Northern Ireland and have started selling products through Tesco.

Business Operation

Expansion Potential:

Huge potential to grow the production side of the business, which would bring economies of scale by decreasing the labour cost per unit produced through use of further automation. The introduction of Tesco as a new customer in May 2024 will rapidly increase future demand for the products. New markets in Northern Ireland pose significant opportunities to expand along with the potential to export further throughout the UK and EU.

Competition / Market:

Relatively niche market for these types of artisan products with no major direct competition.

Restaurant has a unique offering of food and events. No direct competition in the area.

Reasons for selling:

retirement

Trading hours:

m-sat, 9-5

Employees:
16
Years established:
1992

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Financing Amount
$50,000.00
Owner Financing Interest
8%
Owner Financing Terms Months
48

Furniture / Fixtures value:
€70,000 - included in the asking price
Inventory / Stock value:
€60,000 - included in the asking price