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155675 / Rightbiz
The company is an importer and distributor of ingredients and food products from Asia. It offers a diverse range of items, including fresh and preserved ginger, poppadum pellets, prawn / vegan crackers and noodles. Some products are organic and Fairtrade, supporting a clear commitment to sustainability and ethical practices.
Since its inception, the company has built up strong relationships with a large and loyal customer base, which includes several well-known blue-chip manufacturers, most of which hold contractual agreements with the business. These relationships are expected to continue going forward, with scope to increase sales with many existing customers.
The company is being offered for sale to facilitate the shareholders’ retirement.
Offers invited.
Key Highlights
- Caters to over 100 customers across the UK and Europe, primarily supplying food manufacturers and wholesalers.
- Long-standing relationships in place with several well-known blue-chip organisations, some of which span 20 years.
- Consumer awareness of the health benefits and culinary uses of ginger is expected to drive market growth in forthcoming years.
- Second-tier management team able to manage day-to-day operations.
- Offered for sale as a fully relocatable opportunity, with all staff currently working remotely.
Financial Highlights
- Turnover of £3.35m achieved in YE25.
- Draft figures for YE26 indicate a turnover of £3.64m.
- Turnover is projected to reach £3.8m in YE27.
- Shareholder funds of £2.3m as of YE26.
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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