FOR SALE
23/04/24
610188
RB10580 / Rightbiz
Alan J Picken are delighted to offer this well-established, local wine business onto the market.
The business sells a wide variety of fine wines, spirits and Havana cigars carefully selected by our client. Right from day one, our client has chosen to work with small, independent, specialist importers, especially those who have a particular passion and insight for a country or a region. This means that the importers and our client are working predominantly with winemakers of a similar frame of mind; ones who value their independence and individuality, their location, their tradition and seek to express this through their wines.
Our client takes a lot of pride and a lot of pleasure in representing these wines and presenting them to customers for their enjoyment. By virtue of the prime trading position and excellent reputation, the business attracts a local and loyal clientele as well as those from surrounding conurbations.
The business is situated prominently on the thriving high street in the heart of Boroughbridge, North Yorkshire. The town itself is growing rapidly with the construction of new housing, attracting ever increasing numbers to its high-quality independent shops and cafes.
Currently run on civilized openings, trading 4 days a week, achieving excellent sales and profits.
Turnover £179,163 on May 2023 accounts.
Gross Profit 25%.
Excellent Net Profits achieved.
We trust this will prove a resoundingly successful acquisition, especially for a dedicated owner proprietor to continue to exploit the full potential and derive maximum profits.
Business £35,000 SAV
Leasehold.
North Yorkshire.
Reference. RB10580
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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