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Innovative Dining Brand Offering Live Cooking Experience, £1m Turnover & £326k EBIT

Relocatable

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    13/04/22

  • Advert ID

    293770

  • Reference

    152660 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: Price on Application
  • Turnover: £899,000 (£17,288 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

AN INNOVATIVE DINING BRAND PROVIDING A UNIQUE RANGE OF PRODUCTS THAT CREATE A LIVE DINING EXPERIENCE

Turnover of £899k, with an EBIT of £242k. With a global presence, this online business benefits from partnerships with some of the leading global brands in hospitality via both direct sales  and through a network of international distributors. The concept saves venues time and money on meal preparation and 
improves speed of serve and use of the company’s products in successful commercial venues grows awareness of both the concept and brand.
A strong online presence, ranging from top performing ads to engaging social media content drives consumer awareness and purchases through 
the company’s Global portfolio of websites in the UK, US, Canada, Europe and Australia. Direct sales are added to through long term partnerships with leading  online retailers in the UK, Europe, US and beyond. The business is currently largely reactive to incoming enquiries and there is excellent growth potential with more proactive sales activity across the  hospitality industry and via retail partners. The business is currently run by a lean team with admin and warehouse operations outsourced which has proved a very successful business model and created a fully relocatable opportunity.The shareholder is offering the company for sale as they wish to pursue alternative, unrelated interests. Offers invited

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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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The data showed regarding this advert 'AN INNOVATIVE DINING BRAND PROVIDING A UNIQUE RANGE OF PRODUCTS THAT CREATE A LIVE DINING EXPERIENCE - 152660 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.