Niche Rum Brand

  • Price: £39,500
  • Annual Turnover: £30,000
North Lanarkshire, Scotland

Description

Founded around 6 years ago, this business takes a product rooted in the Caribbean and bottles and presents it for the Scottish market. The uniquely aged rum is blended in specially chosen casks at one of the world’s leading distilleries and is then tropically aged in the Caribbean heat and over proofed before being transported to Scotland. The product is then distilled with Scottish water, before being bottled and sold domestically. The quality has been recognised through a number of excellence awards.

The business is operated from home with all production processes outsourced. There are no employees other than the two owners who between them devote between 15 and 30 hours per week to the business (the majority of which is at weekends). Sales are generated through pop up events at farmers’ markets and festivals, in addition to a number of retailers (both physical and online) and hospitality venues, that offer repeat business.
The business has utilised its products in some unique hot and cold cocktails, one of which, through public demand, is now being bottled as a cocktail in its own right.

Sales are typically in the range of £30k per annum. There are significant growth opportunities including widening the product range (both rum and rum based cocktails), building on the social media base already in place and allocating greater time and resource to the business development.

Having developed the business while simultaneously holding full-time jobs, the founders feel the brand now needs owners with more time and resource in order to develop it further and hence it is being marketed for sale. The guide price for 100% shares of the Company is £39,500 including a Balance Sheet with a positive net asset value The founders will be happy to support any sensible handover requests.

The business is being marketed by Sellmysmallbusiness.co.uk and initial enquiries should be directed to them. Please do not try to contact the vendor direct.

Is this business relocatable:
Yes
Is this business home based:
Yes
Is stock included:
Stock included with sale

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