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CONFIDENTIAL
FOR SALE
516779
154552 / Rightbiz
Wholesale Distributor of Fresh and Frozen Seafood Primarily Across London
Overview
The company supplies top catering establishments with high-quality fresh and frozen seafood.
Dedicated to providing excellent customer service, the business portions seafood to the customer’s requirement and provides temperature-controlled delivery six days a week.
Our client is now offering the company for sale to step away from the business processes and focus on family.
Offers invited.
Key Highlights
- Provides an array of fresh and frozen fish, which includes salmon, seabass, tuna, squid, and all sustainable fish.
- Predominantly works with customers in the restaurant and catering industries.
- Benefits from circa 150 active customers, all of which provide the business with an ongoing stream of reliable revenue.
- Utilises a dedicated team all of whom are reliable, well trained and work within stringent hygiene standards.
- Operates from leasehold office and storage premises with extremely low overheads.
- Scope for growth by diversifying beyond the sectors in which it currently operates, with the potential to develop relationships with businesses in the FMCG trade, creating opportunities for further streams of revenue.
- A strong supplier base built up over 44 years of trading.
Financial Highlights
- Draft accounts indicate a turnover of £3m in YE24.
- Management turnover of circa £2.7m in YE25, with an adjusted EBITDA in excess of £429k.
- Recently gained numerous new customers, which are generating additional gross sales of circa £440k per annum and rising.
- All of these customers have now been utilising the services for nine months, generating a steady stream of extra revenue for the business.
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 Solicitor
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