Acquisition opportunity - Hoxton Spirits Holdings Limited and Hoxton Spirits Operations Limited - Both in administration

Key selling points

• Most recently budgeted annual revenue of £9.4m at a gross profit margin of 68%.
• Holds 11 approved licenses for selling, storing and distributing alcoholic beverages in several countries, with additional approvals currently underway.
• Global distribution network with a portfolio that includes a range of flavoured spirits, catering to a customer base ranging from large retailers to direct consumers. 
• Secured social media collaborations with internationally acclaimed music artists and influencers.
• Experienced management team.

Details

• Founded in 2012 and formally launched in 2022 the Group is a worldwide supplier and distributor of specialist spirits.
• Holds licences in several countries with a global distribution network across four continents and 11 countries.
• UK based with 17 employees and contractors, it owns its own spirit brand and offers a line of flavoured spirits in every spirit category.
• Principal assets comprise the brand and intellectual property with an investment to date of c.£5m, stock (c.£700k net book value) and fixed assets (c.£100k net book value).
• Funding issues have prevented its progression to full delivery of its branded products through its distribution network, ultimately cash flow issues leading to the Administration of the Group.

Contact

Please be aware that this particular opportunity is extremely time-sensitive and time is of the essence.

Further information can be provided on request and following receipt of a signed non-disclosure agreement. Should you wish to receive further information on the opportunity, please contact Patrick Lannagan, Kyle Ashford or Luke Wyngaard.