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Online Food Delivery Business For Sale

London, City of London

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For Sale

£195,000 +SAV

Ref: B06582

Leasehold

Overview

Please quote reference B06582

Hilton Smythe are pleased to have been given the opportunity to manage the sale of a well-established Food Delivery Service with a renowned reputation amongst local residents.

This is a superb opportunity to take on a high turnover business in an area teeming with customers, only now being offered to the market as our client is looking to spend time on another business project and will not have the capacity to run the business day-to-day or expand the business to its full potential.

This business creates & delivers well known food brands and sells via major delivery platforms and via their own digital store (www.bywerty.co.uk).

Since launching our client has developed 7 premium delivery takeaway brands (average 4.6*/5*customer rating). Including recipes, menus, imagery & branding.

The business currently operates 6 of these brands from one leased kitchen space in Balham (SW12) in a lucrative location for both delivery breakfast and dinner trade (approx. 400k inhabitants within 5km).

The business sells these brands to customers through Deliveroo, UberEats, JustEat and through their own digital store bywerty.co.uk (via partner Slerp). Our client has an integration software which allows them to manage all brands across all platforms on one tablet and printer.

The business has preferential commission deals in place with all Delivery platforms.

  • Deliveroo
  • UberEats
  • JustEat
  • Slerp
Reasons to buy-

1.) Scalable business model (Entire operation playbook &amp; brand portfolio is owned by the business and can be launched in any location)

2.) The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.

3.) Scope for improvement (further information can be made available)

Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment.

The following is included in the sale:

1.) All business assets

2.) Full ownership of 7 highly rated scalable delivery brands

- Servicing breakfast, lunch, and dinner

- Logos, menu/brand imagery, applicable trademarks

- Menus, recipe cards, prep instruction sheets, allergen matrix

- Detailed & editable cost price/allergen info for every ingredient/menu item

3.) Delivery platforms store fronts (18 storefronts total, average customer rating 4.6*/5*). Customer bases have been built in both SW12 (Balham) and SW18 areas (Wandsworth).

- Deliveroo: 13 ramped-up storefronts across 7 brands (6 storefronts live)

- UberEats: 13 ramped-up storefronts across 7 brands (6 storefronts live)

- JustEat: 2 ramped-up storefronts across 2 brands (2 store fronts live)

- Slerp: 1 storefront (1 storefront live)

4.) Transfer of current kitchen licensee lease agreement. Highly lucrative and sought after commercial kitchen space in SW London with strong delivery demand.

5.) One month handover period from current owner.

Turnover
We are advised the business generated a turnover of circa £360,000 as of 2021, further financial information can be made available upon request.

Rapid growth market (UK on-demand delivery market worth over £7billion and is expected to increase ten-fold by 2030)

Fcst Financials (next 12 months) Rev: £559k, GP: £377k  NP: +£41k 

Please quote reference B06582

The business is run and managed by 4 full time staff members.

The business trading hours are as followed:

Monday to Wednesday - 17:30pm - 22:30pm

Thursday to Sunday - 09:30pm - 22:30pm

The business concept kitchen is located in Balham, London (SW12).

The business trades from a generous and comprehensively equipped catering kitchen, and a range of stainless-steel preparation tables.

Highly lucrative and sought after commercial kitchen space in SW London with strong delivery demand across all times of day.

Tenure
We are advised the business is being sold on a Leasehold basis with a rolling Lease currently in place, the rent is £2200 per month with other utilites approx £300-400.

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