Completed sale
private buyer Acquires Broom Off Licence Retail & E-commerce Company
Broom Off Licence is a well-established and successful business that has been trading for over 100 years. It has been in the hands of the current owner for over 45 years. The shop is located in a residential area and benefits from a loyal and repeat customer base.
The current shareholder instructed Knightsbridge with the sale of their business in order to realise their retirement plans.
The sale attracted 12 interested parties and three competing offers. The successful offer came from a husband and wife team, as a bolt on to their existing group of convenience stores in the area.
Leanne Boulding advised Broom Off Licence throughout the process.