FOR SALE
646539
B09410 / Rightbiz
CoGoGo presents to the market an established online cash & carry food and drink wholesaler trading as Leos Cash & Carry Ltd, based in Manchester.
Trading since 2017, the business specialises in the supply of bulk wholesale products via online, telephone and email ordering, operating a reliable delivery-only model with low fixed overheads. The company has built a consistent presence within the wholesale sector and serves a wide range of commercial clients.
The owner is now seeking a sale due to a change in direction.
Leos Cash & Carry Ltd operates as a delivery-based Cash & Carry business, working on bulk quantities with a minimum order requirement of 50 mixed cases.
The business offers:
The business is based in Manchester, with a primary focus on servicing the Greater Manchester area. Deliveries can also be arranged further afield, subject to an agreed increased fee.
As a delivery-based operation, the business is not reliant on high street footfall and benefits from flexibility and controlled overheads.
Premises
Business only sale - no physical retail premises are included. Operates from a delivery and home office setup with minimal fixed costs.
Tenure
Business sale includes the trading name, customer lists, website and goodwill. No leasehold or commercial premises included.
Hours
Flexible trading hours. Order and delivery are organised around customer demand.
Staff
Currently owner-run with support on fulfilment and delivery as required.
Financial Profile
We are advised that turnover is approximately £200,000 per annum, with current trading breaking even. Details are available on request.
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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