Featured Brokers
CONFIDENTIAL SALE
FOR SALE
05/07/23
516157
153851 / Rightbiz
Overview
The company supplies a comprehensive range of single speciality ingredients, including, but not limited, to IQF vegetables, frozen citrus ingredients, dried herbs, herbs, spices, fruits, grains and seeds.
The business also provides bespoke products made to customer specifications, such as UK-produced concentrated, spice pastes, blends, dressings, sauces, flavoured butter and soft cheese portions. Many of these are supplied in either bulk packs or individual sachets.
Our client is now offering the company for sale to explore other, unrelated business opportunities.
Offers invited.
Key Highlights
Excellent cash return with a strong growth rate and resilience against downturns.
Exceptional product range, combining regular with niche lines, as well as a strong reputation for high standards of technical and customer service and wide one stop range.
Holds industry accreditations including BRC Agents and Brokers .
Works closely with its customers to help the evolution of new products, from concept to the practicalities leading to regular repeat orders year on year.
Worked with numerous customers, such as meat processors, bakeries, sauce producers, free from and vegan food producers, suppliers to UK supermarkets, premium pet food suppliers and breweries.
Benefits from 145 active clients, 80% of whom provide a reliable stream of ongoing business.
Ideal bolt-on acquisition for complementary service providers or for an individual commercial sales person’ based in the UK or overseas.
Financial Highlights
Consolidated turnover in excess of £2.5m in YE23.
Adjusted EBITDA of over £310k achieved within the same year.
Gross profit margins averaging 23%.
Benefitting from a wide-ranging and diverse customer base, the business has no reliance on any particular customer.
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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