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Kitchen & Food Products Wholesaler for Sale - £4.9M Turnover, £463K EBITDA

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    24/01/23

  • Advert ID

    507016

  • Reference

    153457 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £6,000,000 (£115,385 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

WHOLESALE DISTRIBUTION PROVIDER OF AMBIENT, CHILLED FROZEN FOOD

Based in West Yorkshire.

YE24 turnover of over £6m with an adjusted EBITDA of circa £479k.

YE23 turnover of £6m with an adjusted EBITDA of £615k.

The company offers a complete range of products, including ambient foods (40%), frozen foods (25%), chilled foods (20%), general confectionery (10%) and disposables (5%).

The company is also a registered carrier of controlled waste and offers a removal service for used cooking oils and fats, which are transformed into biodiesel.

Having built up a successful business, our clients are now offering the company for sale to facilitate other, unrelated plans.

Offers invited.

Benefits from 300 active clients, 99% of whom provide reliable, repeat business.

Experienced and dedicated workforce in place, with a highly skilled management team in place that could operate the business in the absence of the shareholders.

Our clients have indicated that they are open to discussion to any deal structures.

No customer provides more than 3% of the company’s turnover in YE23.

Operates from leasehold premises.

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Contact Agent

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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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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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.

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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.

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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.

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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 'WHOLESALE DISTRIBUTION PROVIDER OF AMBIENT, CHILLED FROZEN FOOD - 153457 / 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.