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Grocery & Other Foods For Sale in Leeds

Leeds, West Yorkshire
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Grocery & Other Foods For Sale in Leeds
  • Asking Price: £150,000
  • Turnover: £448,724 £8,629 Per week
  • Net Profit: Not Applicable

Business Details

FOOD WHOLESALE BUSINESS – SPECIFIC PRODUCT WITH EXCELLENT PROFITS for Sale. Run from our client’s home address in the North of England.

A highly profitable wholesaler of predominantly one main vital food product to other caterers and wholesalers, markets, cafes and restaurants. The business has been trading successfully for over 30 years and is only now offered for sale due to retirement. The business is run by its owner and just one packer and one delivery driver and can be run on extremely low overheads and from anywhere in the north of England. Predominantly supplying customers in the Yorkshire region but easily expandable given the untapped potential to expand and service huge demand. The business can be easily run by a couple or partnership and operated in just 30 to 35 hours a week with no weekends. When trading at full-tilt the business achieved a consistent net turnover well in excess of £600,000 per annum and is very capable of doing so again with new owners more dedicated and focussed on expansion and not retirement as our client is after 30+ years in the industry. Current annual turnover £448,724. All reasonable assistance and expertise is offered by the owner to ensure the smooth transition of business ownership, introductions to the client base and product supply chain to the new owners. This is a highly confidential sale and there will be a requirement for interested parties to provide a signed Non-Disclosure Agreement before any further information is provided.
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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.

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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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