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An authentic Italian food importer in South London (SE1)

Undisclosed, London
An authentic Italian food importer in South London (SE1) Photo 1
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An authentic Italian food importer in South London (SE1)
  • Status

    FOR SALE

  • Date Submitted:

    21/06/21

  • Advert ID

    278525

  • Reference

    08671-212512 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £130,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

An authentic Italian food importer in South London (SE1)

Imagine yourself as the owner of this unique business:
• Based in South London (SE1)
• Authentic Italian food importer
• Supply the highest quality goods
• Efficient delivery service across the UK
• Strong and loyal customer base
• Great storage space
• Delicatessen with warm & friendly atmosphere
• Annual turnover over £805k
• Popular destination for aperitif and evening drinks in the area

FOR SALE – asking price £ 130,000

This is a highly rated, well run and successful business that has created a strong brand reputation in the area over the last 10 years. The business, established in 2012, is a trusted importer and distributor of high-quality Artisanal Italian food. Located in a spacious Railway Arch in South London, it has been the favourite authentic Italian food supplier in the area for many years.

The premises are very large and include a shop front used as a deli for customers and a warehouse space in the back, where all the stock is kept. There is also an upstairs floor used as an office by the management team.

The lease agreement, which is within the Act, is renewable at the end of the term.

Revenues exceed the £805k per annum with high Gross Profit margins for the sector.

The owner has decided to sell the business to focus on other business interests.

Further information is available under a confidentiality agreement.

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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 'An authentic Italian food importer in South London (SE1) - 08671-212512 / 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.