CONFIDENTIAL SALE
FOR SALE
01/02/24
606104
155344 / Rightbiz
Project Altamira partners with local farmers to supply high-quality meat and dairy products.
The company’s produce includes beef, pork, chicken, lamb, duck and turkey cuts. This is complemented by sales of pies, cheese, eggs, burgers, sauces, smoked meats and selection hampers.
The business is a member of the Q Guild, the Association of Independent Meat Suppliers (AIMS), and the National Federation of Meat Traders (NFMT).
Our clients are now offering the company for sale as they believe the time is right for a new owner to take the business to the next level. Offers invited.
Key Highlights
- Works with commercial customers throughout Southern England and UK overseas territories, including hotels, restaurants, pubs, and travel and leisure businesses.
- Benefits from a steady stream of income from sales to private individuals via the e-commerce website and shops.
- Operates with a large, diverse team of proficient individuals, including second-tier management personnel who can operate effectively with minimal input.
- All premises are ideally situated close to major transport links, providing easy access for customers and distribution vehicles.
Financial Highlights
- Consolidated YE23 turnover of £33.2m.
- Turnover is projected to increase to £36.6m by YE25.
- Adjusted EBITDA has risen by 94% between YE21 and YE23, and is forecast to increase by a further 14% by YE25.
- Shareholder funds demonstrating year-on-year uplift, growing by 26% from YE21 to YE23.
- Asset register comprising processing equipment, tools, refrigeration kits and delivery vehicles holds a net book value of £2.9m.
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
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