Businesses for Sale: City Centre Specialist Wine Retailer/Wholesaler (“The Company”)

Description

Business Opportunity

An opportunity exists to purchase the businesses and assets of a city based specialist wine retailer/wholesaler operating from multiple locations.

The Company offers both retail and wholesale wine supply to a broad range of corporate customers and individuals.  The Company occupies both A1 and A3/A1 retail premises across three locations within the city centre.

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Valuation as appointed agent on behalf of the vendor.

 

Business Overview:

  • Specialist Wine Retail and Wholesale Supply;
  • Established Customer Base & Mailing List;
  • Extensively Refurbished Leasehold Premises;
  • Turnover (YE 31/12/2017) £1,580,097;
  • Small Online Presence;
  • Encumbered & Unencumbered Fixtures and Fittings; and
  • Wet & Dry Stock Held.

 

High Level Financial Information

Year Ending 31/12/2015:

  • Turnover: £1,086,152;
  • Gross Profit: £409,446;
  • Net Profit/(Loss): (£272,449)

Year Ending 31/12/2016:

  • Turnover: £1,775,031;
  • Gross Profit: £842,567;
  • Net Profit/(Loss): (£364,600).

Year Ending 31/12/2017:

  • Turnover: £1,580,097;
  • Gross Profit: £784,286;
  • Net Profit/(Loss): (£463,275).

 

Assets Available for Sale:

  • Unencumbered & Encumbered Fixtures & Fittings;
  • Office Equipment & Motor Vehicle;
  • Wet & Dry Stock;
  • Goodwill & Intellectual Property;
  • Customer Data;
  • Website; and
  • Refurbished Leasehold Premises (subject to Assignment);

 

Location:

London, UK.

 

Deadline for Offers:

Offers no later than 12 noon on Thursday 8th November 2018, all offers to be supported by proof of funds.

 

Sector

Retail

Turnover

£1.5m

Category

Business for Sale

Location

London, UK
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