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A SPECIALIST IMPORTER OF BRANDED NUTRITIONAL FEEDS AND DRINKS FOR THE RETAIL AND WHOLESALE PHARMACY

Undisclosed

CONFIDENTIAL SALE

  • Leasehold: Price on Application
  • Turnover: On request
  • Net Profit: N/A

Business Details

Turnover of £9.8m in YE21, with an adjusted EBITDA of £1m. Turnover projected to rise to circa £11.9m in YE22 and £15m in YE23, with the adjusted EBITDA showing similar growth. Comprehensive product portfolio comprising over 200 branded nutritional feeds and drinks, which are sold to retail and wholesale pharmacies at a competitive rate versus the cost in the UK. Products are used to combat the effects of malnutrition on patients with health complications that limit their diets and prescribed in very large volumes. Currently supplies 13 active clients, many of whom have multiple branches across the UK. All clients supply repeat business, with some relationships spanning 10 years. Both Shareholders wish to remain with the company, enabling them to work with a new buyer to generate future success. Operates from leasehold premises. Has experienced year-on-year growth in recent years, with confirmed work set to increase net profit by £240k per annum and many additional opportunities for expansion through product diversification. Our Clients are offering the company for sale as they wish to realise the assured wealth derived from the value of the existing business whilst facilitating further growth. Offers invited.

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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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