Opportunity to purchase a wholesaler of draught and bottled alcoholic and soft drinks.
The business has been operating for over 20 years and has established a loyal customer base with the founder continuing to be involved daily. Trade has been consistent over recent years prior to the impact of the COVID pandemic.
Located in own freehold premises in North Somerset with a customer base across the South West of England and Wales, it has annual revenue of over £2m and a gross profit margin of c.10%.
Current financial pressure mean that an urgent sale is required and it is expected that any sale will take place by way of an insolvency process. Therefore any acquirer will need to be in a position to complete within weeks and understand that warranties and indemnities are not expected to be given.
Should you require any further information please contact Rachel Hotham at
or Richard Warwick on
or call 0117 945 2500.
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