Selling a distillery and client base fast
Discussion
foliedouce said:
What size is it?
T/O
Profit
Staff
Equipment
It is small-ish scale. Owner & wife. One salesman and one do all member of staff. T/O
Profit
Staff
Equipment
All the equipment needed based on the rotary vacuum cold distillation process.
Owners looking to take up other interests more full time and the lease is up on the buildings.
Not sure on T/O but if someone was seriously interested, I can pass on details.
By what measure are you determining 'quickly'?
If it were me, I'd be speaking to my closest competitors with a discounted offer for rapid completion with acceptance that the quicker the sale, the less below market value I'd be likely to get. Even then you're looking at, what, four to six months for all due-diligence and legals to be done?
If it were me, I'd be speaking to my closest competitors with a discounted offer for rapid completion with acceptance that the quicker the sale, the less below market value I'd be likely to get. Even then you're looking at, what, four to six months for all due-diligence and legals to be done?
Panamax said:
Most "distilleries" buy in the white alcohol and add a few flavours. If not, that's where the problems begin.
Enormous potential? Hmmmm.
What does this business bring to the gin market that 20,000 others don't?
Couple of Gin places near me have recently gone under. Rode the boom for a couple of years and then went boom themselves..Enormous potential? Hmmmm.
What does this business bring to the gin market that 20,000 others don't?
StevieBee said:
By what measure are you determining 'quickly'?
If it were me, I'd be speaking to my closest competitors with a discounted offer for rapid completion with acceptance that the quicker the sale, the less below market value I'd be likely to get. Even then you're looking at, what, four to six months for all due-diligence and legals to be done?
Given it's small size might also be worth talking to your biggest customers. Someone might be happy to pick it up and simplify their supply chain.If it were me, I'd be speaking to my closest competitors with a discounted offer for rapid completion with acceptance that the quicker the sale, the less below market value I'd be likely to get. Even then you're looking at, what, four to six months for all due-diligence and legals to be done?
Gassing Station | Business | Top of Page | What's New | My Stuff