Sun, 13 Feb 2011 | BUSINESS SALE
Bargain Booze, the leading UK off-licence chain, has been put up for sale with a price tag of £90m.
According to a report by the Sunday Times - which doesn’t disclose its source - the company’s private equity owners, ECI Partners, have appointed KPMG to look at strategic options which include a trade sale of the business.
ECI took control of the business in a £64m secondary buyout from BWG in 2006.
Bargain Booze now controls around 640 outlets, most of which are run by franchisees in the north of England.
The business has thrived in recent years through its discount sales strategy, allowing it to successfully compete against its supermarket competitors. The tough climate has forced many of its high street competitors, including Threshers and Unwins, into collapse.
Bargain Booze Holdings Ltd’s last financial results to 30 April 2010 show pre-tax profits of £4.3m (up from £1m in 2009) on sales of £371m (up from £357m in 2009).
The company’s comprehensive service encompasses the design, installation and ongoing maintenance of bespoke fire-suppression systems. Key partnerships are in place with market-leading suppliers, which enable the business to implement high-quality, sa...
This well-established home improvement provider, based in the Midlands, boasts over thirteen years of operating history and a loyal customer base, with most projects stemming from repeat business and recommendations.
Opportunity to acquire a well-established private dental practice boasting a highly loyal patient base and a large, stable Denplan list of over 1,500 patients.
LEASEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.