Featured Brokers
CONFIDENTIAL SALE
FOR SALE
04/04/23
511145
153483 / Rightbiz
The business for sale is a Food / Drinks / Packaging & Frozen products wholesale supplier to the café and catering industries.
Established in 2010, this long-running business has grown steadily since its creation and has now gained an excellent reputation and a loyal customer base.
Free delivery is provided, facilitated by the business’s fleet of distribution vehicles.
The company works with 140 active clients across South East England, providing its products to cafés, restaurants, coffee shops, delicatessens and bakeries.
Our client is now offering the business for sale to facilitate lifestyle changes and growth under the impetus of new ownership.
Asking price of £350k
Key Highlights
- Secured long-standing relationships with key clients, some of which span over a decade.
- Wealth of in-house expertise in place.
- Operates from large leasehold premises which are ideally situated close to motorways and major A-roads.
- Significant scope for growth through recruitment and the expansion of its remit.
- Has achieved prominence with minimal proactive marketing, presenting a key development opportunity.
- An excellent acquisition for similar or synergistic organisations.
Financial Highlights
- YE22 turnover of circa £1.3m, with an adjusted EBITDA of £108k.
- Approximately 95% of clients provide repeat business.
- Each onboarded client could generate between £30k and £100k per annum, presenting the vast growth potential.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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