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WHOLESALER & DISTRIBUTOR OF ALCOHOLIC - £850,000

Seller: Attn: Andrew Hudson
Location: South East, United Kingdom, GB
Listing Number: "EJ036 "


Asking Price: $1,410,970 USD USA Dollars
Industry: Food & Beverage: Liquor Stores
Reason for Selling: due to ill health
Year Established: 1991
Number of Employees: 10
Yearly Revenue: $5,810,727

Overview of the Business:

The business was established in 1991. Operating from a perfect location, half way between Central London and the M25, this independent business has risen to become a leading player in the lucrative drinks wholesale market in London, specializing in supplying drinks for the licensed trade, including a wide range of kegged and bottled beers, spirits, wines and soft drinks. The current owner has built up a first class reputation throughout London for providing excellent levels of customer service. A large volume of stock ensures that clients are able to purchase what they want, when they want. The small, dedicated team of staff offers a smart, slick, efficient service. The business has an excellent track record and is known for its high levels of service, competitive prices and range of product. The current owner has developed long-standing, solid and successful business relationships with both suppliers and clients alike.


Property Features and Assets:

The location of the business is ideal. Situated alongside a major route from the M25 into London, it is convenient for both London and the Home Counties. The warehouse is circa 10,000 square feet and there is a large yard of circa 12,000 square feet that gives easy access and makes loading and unloading very straight forward. Business is leasehold and easy to renew, current rent at the moment is £98,000 per annum.


Market Competition and Expansion:

The business has achieved its high sales figures, despite the fact that marketing has been more or less non-existent. Apart from the occasional direct mail campaign, there has been no spend on advertising. A proper marketing strategy would undoubtedly reap significant rewards.


Additional Details:


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