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CONFIDENTIAL SALE
FOR SALE
629119
157790 / Rightbiz
The company supplies locally sourced meat and baked products to private customers and a network of convenience stores throughout its region.
The business’s products include, but are not limited to, beef joints, steak and mince; lamb joints; pork chops and bacon; poultry; beef and pork links and burgers; oven-ready dinners; pies and sausage rolls.
All fresh and pre-packaged meat, as well as the baked ranges, are prepared on site by the experienced team.
Products are stocked by independent and well-known convenience store brands, with some wholesale customers operating multi-store portfolios.
Our client is offering the company for sale to facilitate retirement plans and continued growth under the impetus of new ownership. Offers invited.
Key Highlights
- Generates a steady stream of income from in-person sales.
- Highly skilled manager in place who effectively oversees the majority of the day-to-day functions without input; this individual could take on some of the director’s remaining duties.
- Large, ideally situated premises comprise the production areas, shop, office and a residential space, retaining considerable scope for further expansion.
- Potential to develop the site to include a standalone takeaway unit to generate additional revenue.
Financial Highlights
- Generated a YE24 turnover of £1.2m, with an adjusted EBITDA of £220k.
- Continually invests in its operations; premises worth circa £285k will form part of the sale, including spaces acquired during YE24.
- Receives considerable amounts of repeat custom from private and wholesale customers.
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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