Wholesale and Retail of Beers and Wines (“The Group”) | Business For Sale
Saturday, 16th February 2019
Mazars LLP is seeking potential purchasers for a business engaged in the wholesale and retail of beers, wines and spirits.
- The Group consists of retail, wholesale and holding entities and was first established in the early 2000’s as a retailer of beers, wines and spirits. In 2013, the Group expanded into the wholesale of beers, wines and spirts nationally and internationally.
- Following a restructure of the business, the Group now trades from 2 retail premises which are occupied under long-term leases and from an additional 2 retail premises where the leases are held by a 3rd party. All retail outlets are situated in desirable locations in central London. Wholesale and back-office functions are based separately, in East London.
- Retail turnover to 31 August 2017 was £1.9m
- Gross profit of £591k against a net loss of (£115k)
- Wholesale turnover to 31 August 2017 was £2.2m
- Gross profit was £312k against a net loss of £194k
Key selling points
- Withdrawal from loss-making retail sites.
- Advanced negotiations of Wholesale contracts with blue-chip customers.
- Experienced and skilled staff.
- A strong reputation for customer service and quality.
For further information, please contact: Michael Pallott Mazars LLP
Tower Bridge House