FOR SALE
29/03/22
292896
FBBCOOK / Rightbiz
Business Type – Retail and Local Delivery – Owner Operator
Turnover Circa £800K
Trading for: Circa 9 years
Asking Price: £200K
The Opportunity
A unique opportunity has arisen to acquire one of the UK’s most recognisable household name franchise businesses in the Woodbridge territory. The franchisor no longer recruits new franchisees, so if you are keen to explore becoming a COOK franchisee, now is your chance.
Renowned for their outstanding, award winning premium product range, this business benefits from instantly recognisable branding and an attractive repeat customer base, providing the incoming franchisee with reassurances they will truly hit the ground running.
While this business has significant strengths, including positive sales revenue and profitability trends, an increasing net worth, the owners recognise that an incoming franchisee will benefit from exploiting some so far unexplored areas of potential growth, including cultivating and developing partnerships with domiciliary care providers, enabling growth in the senior demographic. Furthermore, there is opportunity to build upon an already very strong reputation, adding additional storage capacity and vehicles enabling the business to maximise its customer reach in the territory.
The Franchise
The model is simple, founded in 1997, COOK have been producing the highest quality meals, frozen to lock in flavour and taste, for the consumer to heat via microwave or oven and enjoy as they would a delicious home cooked meal.
Throughout the pandemic, demand increased exponentially, which has been well sustained post restrictions easing, this offers great reassurance for a prospective purchaser.
The products span a range of different cuisines in addition to catering for specialist dietary requirements.
The focus always has been and always will be on delivering the highest quality meals to COOK’s valued base of customers.
The opportunity for a franchisee to share in the success of COOK is rare, especially to benefit from an existing successfully trading business in an affluent area ready for further business development.
The franchisor is highly supportive and provides outstanding training and development packages, assisting franchisees in growing a successful and sustainable enterprise.
COOK is unique in its ability to scale, providing a USP against its competition
About You
If you are customer service focussed, a good people and relationship manager with the drive to run and grow an attractive, sustainable business in the food industry, then this opportunity is for you. This is a franchise resale, you must be comfortable following a model and operating within the franchise agreement. If you think this could be you, then get in touch.
Next Steps
The first step you need to take is to engage with Franchise Business Brokers who are managing the resale on behalf of the vendors. Enquire now to receive and review a detailed prospectus ahead of a discussion with the business broker, who will be happy to answer your preliminary questions and outline the route forward, should you wish to take the discussion further.
This is a rare opportunity and we strongly recommend requesting further information if you are a customer service focused business leader with aspirations to run a business in the heart of your local community.
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 SolicitorThe data showed regarding this advert 'COOK Woodbridge, Suffolk Franchise Resale Opportunity PRICE REDUCED - FBBCOOK / 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.