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A wholesale distribution company specialising in Greek pastries and sweets is currently supplying bakery coffee shops and restaurants. With a solid foundation established over the past year and three months, this business has the potential for significant growth, indicated by its current customer base of thirteen. The offer includes essential equipment such as stock and cold rooms, as well as a van, all conveniently priced together.
This venture has experienced an increase in turnover over the previous year, a promising sign for potential investors. The seller, who is looking to pursue opportunities abroad, is offering a freehold price of £90,000, with the current turnover reported at £120,000. This presents an excellent opportunity for anyone looking to step into a thriving business with an already proven track record.
Nearby amenities enhance customer attraction, benefiting the business significantly. The inclusion of two cold rooms—capable of maintaining temperatures at -18 degrees—and a fridge-equipped van adds considerable value to the sale. Currently, the operation is managed by a single employee, and there exists potential for increased income should new owners wish to expand. Moreover, the business is open to offers and negotiations, making it a flexible investment opportunity.
While the business lacks an online presence at this time, there is a great potential for future growth through digital marketing strategies. The current owner is also willing to provide training opportunities to ensure a smooth transition for the new owners. Given the context and prospects of this business, it presents an appealing option for prospective buyers interested in the food and beverage sector.
Key Features
The business boasts several attractive features that can capture the interest of potential buyers:
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.
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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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