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Established Wholesaler/Hospitality Franchise in Basingstoke Hampshire with High Turnover for Sale!

Basingstoke, Hampshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    02/04/24

  • Advert ID

    609075

  • Reference

    575 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £70,000 (Stock at valuation)
  • Turnover: £248,419 (£4,777 Per week)
  • Net Profit: £30,991 (13% Profit margin)

Key Features

  • Established Business
  • Attractive Business
  • Company for Sale
  • Unique Business
  • Accounts Available
  • High Turnover
  • Fully Fitted
  • Prime Location
  • Small Business
  • Town Centre location

Business Details

A well established Wholesaler hospitality franchise business based in Basingstoke, Hampshire

This is a superb opportunity to acquire a well-established Wholesaler/hospitality franchise business based in Basingstoke, Hampshire. The business is available on a leasehold basis.

The business operates as an award winning, leading wholesaler of alcohol that supply premium quality products which offer genuine value for money. They offer a complete service for home & office bars. Delivering kegs or installing equipment they have an option for everyone! Customers can easily order kegs for their home or office bar. They deliver key kegs, steel kegs, and poly kegs and collect the empties as well. Kegs of beer, ale, craft beer and cider are available in 30 litre or 50 litre kegs; Sparkling wine and cocktails are supplied in 20L kegs. Their keg hire service uses a unique professional dispense system and the finest products on the market.

The business presents an incredible growth opportunity for any potential buyer as they operate in a rapidly growing market which has seen their turnover increase by around 100% since last year! The business is currently operated from a leased unit in Basingstoke, but they deliver within a 2-hour drive radius from RG25 which means they can cover a large area.

The business was established in 2016 and have built up an excellent reputation since then. They are well known in their niche sector for the quality of their products, competitive prices and excellent customer service and can boast a loyal customer base which has resulted in a significant amount of repeat and recommended business.

·       Excellent reputation

·       Loyal customer base

·       High quality product range

·       Excellent relationships with key suppliers

·       Huge growth potential!

·       Fully functioning website

·       Minimal overheads

·       Competitive lease

·       Support via franchise structure

·       Potential to expand fleet

·       High turnover – Circa £248,000

·       Minimal competition

The current vendor is selling reluctantly, due to freeing up time to develop the franchise model. Due to the nature and impressive potential of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur who is looking for an established business within the wholesale/alcohol sector or an existing business looking for a lucrative acquisition.

This business has experienced a substantial amount of interest at an initial stage, so to avoid disappointment, please contact us for further information.

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Contact Agent

Contact the seller for more details, or book a viewing

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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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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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.

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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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'A well established Wholesaler hospitality franchise business based in Basingstoke, Hampshire - 575 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.