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Award-Winning Scottish Rum Brand Business for Sale, Home-Based and Relocatable

Relocatable
Niche Rum Brand, With Business That Can Be Operated From Home Photo 1
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Niche Rum Brand, With Business That Can Be Operated From Home
  • Status

    FOR SALE

  • Date Submitted:

    04/10/23

  • Advert ID

    600655

  • Reference

    SMSB/RUM / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £39,500
  • Turnover: £30,000 (£577 Per week)
  • Net Profit: On request

Key Features

  • Unique Business
  • Home Based

Business Details

Niche Rum Brand, With Business That Can Be Operated From Home

Founded around 6 years ago, this business takes a product rooted in the Caribbean and bottles and presents it for the Scottish market. The uniquely aged rum is blended in specially chosen casks at one of the world’s leading distilleries and is then tropically aged in the Caribbean heat and over proofed before being transported to Scotland.  The product is then distilled with Scottish water, before being bottled and sold domestically. The quality has been recognised through a number of excellence awards.

The business is operated from home with all production processes outsourced. There are no employees other than the two owners who between them devote between 15 and 30 hours per week to the business (the majority of which is at weekends). Sales are generated through pop up events at farmers’ markets and festivals, in addition to a number of retailers (both physical and online) and hospitality venues, that offer repeat business.

The business has utilised its products in some unique hot and cold cocktails, one of which, through public demand, is now being bottled as a cocktail in its own right.

Sales are typically in the range of £30k per annum. There are significant growth opportunities including widening the product range (both rum and rum based cocktails), building on the social media base already in place and allocating greater time and resource to the business development.

Having developed the business while simultaneously holding full-time jobs, the founders feel the brand now needs owners with more time and resource in order to develop it further and hence it is being marketed for sale. The guide price for 100% shares of the Company is £39,500 including a Balance Sheet with a positive net asset value The founders will be happy to support any sensible handover requests.

The business is being marketed by Sellmysmallbusiness.co.uk and initial enquiries should be directed to them. Please do not try to contact the vendor direct.

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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.

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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.

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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.'.

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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.

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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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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 'Niche Rum Brand, With Business That Can Be Operated From Home - SMSB/RUM / 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.