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E-commerce Wholesaler Of Wine, Beer, Spirits, And Food For Sale

UK
Asking Price:
Undisclosed
Turnover:
£1M - £5M
Net Profit:
Undisclosed

The company is a well-established wholesaler of food and wine, specialising in the procurement and distribution of high-quality Spanish produce. Operating for nearly four decades, the business benefits from regular custom from numerous restaurants, bars, hotels, golf clubs as well as private consumers, across the UK. This has enabled the company to become one of the major retailers of speciality Spanish food and drink in its sector.
Our clients are now offering the business for sale to facilitate further development under the impetus of new ownership and to aid their retirement plans. Offers invited. Generated a turnover in excess of £1.6m in YE23. Significant potential to re-establish a lucrative relationship with a restaurant chain, which previously accounted for 40% of the company’s annual turnover. Operates from a buoyant market, with industry revenue anticipated to increase at a CAGR of 3.8%. Cultivated strong relationships with over 500 clients, with key relationships spanning 15 years. 90% of sales are generated from the business’s active client network. Robust supply chain, including numerous Spanish suppliers which work exclusively with the company. Utilises its own fleet of vehicles to provide a rapid delivery system.
Operates a comprehensive e-commerce website. Knowledgeable and experienced second-tier management team, which is capable of running day-to-day operations with no input from the director. Operates from leasehold premises

Property Information

Property:

Leasehold