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Finance And Services:

Business For Sale. Supplier Of Wine, Craft Beer & Cocktails On Tap Drinks Delivery Equipment For Permanent Bars And

LISTING DETAILS
Firms For Sale ID:
34999
Vendor reference:
AF181
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
£79,000  
Turnover / revenue:
£250,000
Net profit / cashflow:
£35,000
Business website:

OTHER DETAILS
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Supplier of Wine, Craft Beer & Cocktails on Tap Drinks Delivery Equipment for Permanent Bars and Festivals & Special Events
Ref. AF181
Location : Wiltshire (Relocatable)
Asking Price : £79,000 plus SAV
Turner Butler has been appointed to invite offers of purchase for 100% of the interest of a business specialising in supplying the equipment for permanent bars, requiring a speedier delivery for wine, sparkling wine & cocktails that is both efficient and price competitive; and is particularly useful to those customers with portable or relocatable drinks bars, for festivals and special events throughout the UK.
The business also supplies the sparkling wine, craft beer and pre-batch cocktails and has mature & robust relationships with its suppliers in Italy and the UK.
The business also has long term relationships with resellers and this has become a significant opportunity for a new owner to exploit.
The business was originally invested in by the vendor, who then went on to own the whole enterprise and with the support of the incumbent manager, grow and consolidate the business such that it now represent an established and reliable opportunity for a new owner.
The vendor not being from the industry and heavily involved in other business, does not feel that he is able to give the business the attention that it deserves and as a result, feels that a sale at this time is the best option.
The business operates from a home office with leased warehouse storage that has extra capacity, capable of seeing the business through its next phase of growth and is managed on a day to day basis by the vendorís general manager. Because the owner has other interests there is currently a manager supported by two part time personnel responsible for picking, packing and delivery, throughout the UK.
The business began by originally supplying sparkling wine products, and the range has grown to include sparkling & still wine on tap, cocktails on tap, craft lager on tap and bottled English fizz, prosecco and champagne. All of this product is sourced directly from the vineyard, cocktail producer or brewer and is supplied to all trade customers & resellers throughout the UK. By maintaining such sourced relationships the business is able to ensure a highly price competitive product to its customers.