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Gin Distillery & School in Hull For Sale with £159K Annual Turnover, £60K Profits

Hull, East Riding of Yorkshire
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  • Status

    FOR SALE

  • Date Submitted:

    22/09/23

  • Advert ID

    600079

  • Reference

    590163 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £49,950
  • Turnover: £159,117 (£3,060 Per week)
  • Net Profit: Not Applicable

Business Details

Licenced Trade, Pubs & Clubs For Sale in Hull

GIN SCHOOL AND DISTILLERY in East Yorkshire for Sale.

This exciting business is ripe for expansion and currently only distils a limited amount of gin and other spirits but could easily increase sales and production with a sustained marketing campaign, particularly to commercial customers such as bars and specialist off licences concentrating on their gins award winning status. Annual turnover £159,117. The business is run in approximately 40 to 50 hours per week by our client with the assistance of part time staff. The business also provides a ‘gin school’ service to small groups and corporate clients. Adjusted net profits in excess of £60,000 on latest accounts and the business would really benefit from a new and enthusiastic owner. The premises are held on lease and provide spacious gin school facility with mini stills so customers can distil their own gin and other spirits under instruction, kitchen, office / meeting room and WC’s. No previous experience is necessary as our clients can provide full training to a purchaser in their distilling processes.
Stock £10,000.
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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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