Description
This coffee wholesaler predominantly provides a range of coffee beans to bars, restaurants and sub-distributors. In addition to coffee beans, the business also sells a small amount of coffee equipment and provides some servicing and training support.
Founded in 2020, the owner was keen to utilise over 15 years of experience in the coffee business and used that knowledge to develop a high quality range of coffee beans. The business operates from a storage facility in Central London and can easily be relocated.
Sales have grown year over year and now has a regular client base on direct debit arrangements, which ensures strong repeat business and healthy cashflow.
The vendor relocated to Rome in June 2022 and while satisfactorily managing the business remotely (typically 2-3 hours per week), he has other business priorities and hence the reason for sale.
Current sales of around £135k per annum generate earnings before owner drawings of around £15k per annum. The business will suit an existing wholesaler looking to add a complementary product range and managed via an existing infrastructure, or an individual looking for a small lifestyle business with opportunities for growth.
The guide price for 100% shares of the business is £125,000 and the vendor will be pleased to provide an appropriate level of handover support.
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