Featured Brokers
CONFIDENTIAL SALE
FOR SALE
620704
156106 / Rightbiz
Highly praised for the excellent quality of its meat and the provision of a professional, personal service, the company, based in South East England, focuses on supplying fresh, frozen and cooked meat products to the general public alongside trade customers.
The majority of meat is sourced from local farms, with strong relationships in place, ensuring confidence in customers regarding the traceability of products. The shareholders are now offering the company for sale to enable them to focus on their other endeavours. Offers invited.
Key Highlights
- Offers a wide range of meat products in addition to items that could be eaten alongside them, including eggs and cheeses.
- Sells to over 40 regular trade customers, including hotels, public houses and restaurants, in addition to serving the general public directly via its own retail operation.
- Trade customers provide regular repeat business, with many relationships spanning over 15 years and the longest at 20 years.
- Benefits from loyal staff members, including a second-tier management team.
- Operates from company-owned premises, which our clients wish to include in the sale on a leasehold basis.
- Scope for growth via the implementation of proactive marketing methods, as presently no form of marketing is carried out.
Financial Performance
- YE23 turnover of £2.6 million with an adjusted EBITDA of circa £200,000.
- YE24 five-month management turnover of £1.1 million.
- Average gross profit margin of 27% achieved from YE20 to YE23.
- Shareholder funds increasing year-on-year.
- Circa 85% of turnover is generated by serving the general public.
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
The data showed regarding this advert 'A retail and trade butchers and graziers - 156106 / 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.