Profitable Wholesale Business in West Sussex on Sale, Established Since 2006
Epsom, Undisclosed
- Status
FOR SALE
- Date Submitted:
01/02/21
- Advert ID
271423
- Reference
B06025 / Rightbiz
- Call Agent:
- Asking Price: £24,995
- Turnover: £185,287 (£3,563 Per week)
- Net Profit: £41,530 (23% Profit margin)
Business Details
Well established wholesale business for sale
BusinessPlease quote reference B06025
CoGoGo is delighted to welcome to the market Piece Of Cake (S.E) Ltd, an extremely high profit making van sales company located in West Sussex.
The business was established since 2006 by our client, though he has thoroughly enjoyed his time running the company he is now looking to wind down and spend more time with family.
Piece of cake trades as a business-to-business food supplier, offering breads, cakes and other perishable items to local shops. The company has products delivered direct to the storage unit our client currently rents. From there, the products are distributed to the customers which are local shop owners. Our client has built up excellent relationships with customers and suppliers and is also a Kipling cake agent for the area.
The business currently operates 5 days per week and generates a turnover in the region of £185,000 per annum.
At present the business isn’t advertised, new custom comes from word of mouth recommendations.
There is lots of scope to improve the already thriving turnover, such as to embark on a small marketing campaign to promote the services offered and increase the trading hours should the purchaser desire.
Reasons to buy;
- Well established
- Good reputation locally
- Huge amount of scope to increase revenue.
- Turnkey business, ready for someone to take the reins and push the business to the next level.
Location
The business is relocatable, preferably within the Sussex area. Currently trading and covering West Sussex. There is ample scope for area expansion.
Premises
There are no premises included in the sale. Our client is currently renting a storage unit, there is an option to take over the storage unit should the purchaser desire.
The business also comes with;
- The client base
- Handover Period
- Wholesale accounts included within the LTD company sale
Tenure
We are advised that the business is being sold on a Business Only Basis.
Hours
The business is currently trading 5 days a week.
Staff
The business is owner ran and managed.
Financial Profile
We are advised that as per the 2018 accounts, the business generated a turnover in the region of £185,000, with an adjusted net profit in the region of £50,000. Full financials can be made available upon further request.
Please quote reference B06025
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.'.
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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.
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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
Contact seller
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.
Be safe, use a Rightbiz Solicitor
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