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Would You Buy This Meat Wholesale Business? 

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Would you buy this meat wholesale business?
Here is another interesting business I saw listed on a business broker website.
This one is a meat wholesale business based in Peterborough.
According to the listing, the business has traded for 14 years, has seven members of staff and has the option of purchasing the 7,000 sq ft premises with the business.
The broker lists 2023 turnover as ‘circa’ £1.3 million with an operating profit of ‘circa’ £185,000.
The business owner is asking for £1 million for the business… or £2 million for the business including the commercial property.
So the question is, would you buy it?
You can discover what I would do in the video below, where I walk through the listing and highlight what catches my attention…
#businessgrowth #businessacquisition #buyingabusiness

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Опубликовано:

 

5 май 2024

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Комментарии : 9   
@theDealmakers
@theDealmakers 2 месяца назад
Get my business buying toolkit, completely free - bit.ly/3waUT9y
@ravd8082
@ravd8082 2 месяца назад
is the broker fee separate to the £2 million, if so how much would they typically charge
@theDealmakers
@theDealmakers Месяц назад
They charge the seller, not the buyer
@AlBerrios
@AlBerrios 2 месяца назад
Excellent. Thank you! Keep these coming. Pure gold 🙏
@theDealmakers
@theDealmakers 2 месяца назад
More to come!
@wendywolfman
@wendywolfman 2 месяца назад
Love these. cheers
@olayinkka
@olayinkka 2 месяца назад
If am going to buy this business without building, it's not worth now than 3x multiples Profit. If i have to acquire building in addition, i will need to do real estate price comparison and then come up with right price. I can as well fund atleast 50-70% of the real value of building as part of down payment while the rest will be deferred which obviously will be derived from future cashflow of the business.
@mrstewart7335
@mrstewart7335 2 месяца назад
It depends,can I finance it?
@MrRevil3
@MrRevil3 2 месяца назад
As soon as I saw that barely 10% margin I was done. No video required. If it ain't 25, it's not alive.