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CONFIDENTIAL SALE
FOR SALE
623821
157324 / Rightbiz
The company is an artisan bakery, specialising in the production and supply of high-quality breads, pastries, cakes, sweets and other baked goods for a broad range of clients.
Operating across London, the company has established a prominent presence in the city and continues to benefit from a reliable stream of recurring weekly revenue from long-standing clients, as well as regular income through direct sales to the general public at various farmersā markets.
The owners are offering the company for sale to secure further investment that will enable it to capitalise on all opportunities that lie ahead of it.
Key highlights
- Offers a broad range of products, with bread and pastry products accounting for the majority (>80%) of turnover.
- Clients include prestigious organisations in the hospitality, retail and food and drink sectors, including a number of highly regarded restaurants.
- Benefits from a loyal, long-standing commercial client base, with several relationships spanning over six years and over 85% of turnover being supplied by returning clients.
- Operates under a renowned brand, supporting direct B2C sales to the general public through farmersā markets, which supply circa 35% of turnover.
- Highly experienced management and production teams in place, possessing the skills required to manage the business on a largely independent basis, post-sale.
- Operates from well-connected leasehold premises in London.
Financial Highlights
- The company achieved turnover of circa Ā£2.2 million in YE24.
- Turnover projected to exceed Ā£2.2 million in the current year.
- Benefits from a sizeable, diverse client base, with no reliance on any key client accounts or sectors.
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 Ā£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 Ā£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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