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Newly Established Food Delivery Business With A Retail Shop For Sale

Nottingham, Nottinghamshire, UK
Asking Price:
£19,995
Turnover:
£134,270
Net Profit:
Available on request

Business
Please quote reference B06101

Hilton Smythe welcomes to the market Buttercross Foods, an extremely highly rated E-Commerce food delivery business, trading from a warehouse located in the heart of Bingham. The business was established by our client in early 2020. Though he has passionate about the business and thoroughly enjoyed creating and running the business, its has now come to the open market due to a change in personal circumstances.

This business is highly profitable and extremely successful, with a simple operating model that can be owner managed or delegated out at for a low running cost.

The business has a very loyal customer base, and supplies homes and businesses with the freshest produce possible.

Buttercross Foods is extremely well known within the local community and surrounding areas, having been marketed on social media and several community links, such as The Great Food Club Nottingham, who did a piece on the business. The business is still very much in the growth period, with a huge amount of scope for expansion.

The business trades through their automated website, where customers would go to make weekly orders. The site is user friendly, and helps with customers making one off shops or recurring weekly orders. The business has a wide range to offer, but this could easily be increased to improve revenue. This will help with satisfying current customers, and also help with expanding and attracting new clients.

The business also supplies other shops and hospitality with fresh produce locally.

The warehouse has been kitted out, and the E-commerce side offer fresh fruit, veg, pantry items and other perishable products.

Reasons to buy –

Online Click, Pay & Delivery e-commerce Portal
1 revenue stream – Online
Fantastic Online Reviews
Potential For Larger Catchment Area
Turnkey business, ready for someone to take the reins and push the business to the next level.

This is an excellent opportunity for anybody looking to get into the trade. Early viewings come highly advised and are by appointment only.

Location
Buttercross Foods is an online food delivery business, with a rented warehouse, located in the historic market town Bingham. Delivery radius currently covers Nottingham, Newark and the Vale of Belvoir.

Bingham is a market town in the Rushcliffe borough of Nottinghamshire, England, nine miles east of Nottingham and 11.7 miles south-west of Newark-on-Trent.

Premises
The business currently works out of a rented warehouse.

The sale of the business includes;

Social media accounts
Website

Tenure
We are advised that the business is being sold on a Leasehold basis, with the lease on a rolling monthly agreement.

Hours
We are advised that the business is trading 24/7 through their online webiste.

Staff
We are advised that the business is owner ran and managed, with the help of 2 part-time staff members.

Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £135,000. Most of their turnover is generated through the e-commerce side of the business. Full financials can be made available upon further request.

Please quote reference B06101

Property Information

Property:

Leasehold

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