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Speciality Food Hall On A Freehold Site In Central Newcastle
Newcastle upon Tyne, Tyne and Wear, North EastIdentity protected
Available
About this business
This food hall in central Newcastle has fresh bread, cheese, meat and fish counters, deli lines, wine and regional produce, and runs a small café and a hamper service. It owns its building, which is included, and employs 52 people. Since opening in 2018 it has grown turnover to £5.6m, and adjusted EBITDA has nearly doubled since 2021, from £293k to £575k. Net profit was £477k. The asking price of £1.5m compares with net assets of £2.4m. A buyer gets a substantial city-centre food business and its freehold.
Key investment highlights
- Freehold city-centre building included
- Adjusted EBITDA up from £293k to £575k
- Fresh counters, deli, wine and café
- Team of 52
Reason for sale
The founders are retiring and none of their children want to take on the shop.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover is flat year on year.
- 2021: baseline
- 2022 (+1.3%)
- 2023 (+1.9%)
- 2024 (+4.3%)
- 2025 (+3.8%)
- 2026 (+1.4%)
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin widened from 5.9% in 2021 to 10.3% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.