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Blacks Business Brokers Completes Successful Sale Of Wates & Co

Blacks Business Brokers Completes Successful Sale Of Wates & Co

Blacks Business Brokers Facilitates Successful Sale Of Wates & Co

Blacks Business Brokers is pleased to announce the successful sale of Wates & Co, a thriving independent food retailer located in the heart of Witney, Oxfordshire. This deal marks another significant success for Blacks, showcasing the firm’s reputation as a trusted specialist in the sale of independent UK businesses.

Wates & Co was established in 2015 and has built a well-deserved reputation for quality and service in the local community. Known for its diverse offering of fresh produce including fruit, vegetables, pastries, breads, cheeses, cakes and more, Wates & Co has long been a staple within Langdale Court Shopping Centre. With its prominent trading location and strong footfall, the business attracted both regular local customers and a steady stream of passing trade.

The previous owner took over in 2023 and quickly cemented Wates & Co’s online and community presence, amassing more than 4,000 social media followers and maintaining excellent reviews across platforms like Google and Facebook. With a professionally designed website and an engaged local audience, the business was perfectly poised for continued growth.

Due to a change in personal circumstances, the owner made the difficult decision to sell the business. Recognising the need for discretion, professionalism and a wide-reaching marketing strategy, they turned to Blacks Business Brokers to handle the sale. The sales process was led by Callum Pollard, one of Blacks’ experienced Sales Negotiators, who helped ensure a smooth and efficient transaction from start to finish.

“Wates & Co was a joy to bring to market,” said Callum. “The business had everything a buyer looks for—strong brand recognition, loyal customer base, prime location and impressive financials. We received a lot of early interest thanks to our targeted marketing and existing buyer network, and we’re thrilled to have completed the sale to a buyer who shares the vision of taking the business even further.”

Situated in Langdale Court, a bustling and vibrant shopping centre in Witney, Wates & Co occupies a standout location surrounded by a mix of independent shops and national chains. Its setting is ideal, offering free parking and excellent access via the nearby A40 and public transport links.

With a strong customer base, excellent location, quality premises and untapped potential in digital growth and outreach, Wates & Co is ideally positioned for long-term success. The buyer, who wishes to remain anonymous, has exciting plans to build upon the foundation laid by the current and previous owners.

Considering a sale?

If you’re considering selling your business and want to work with a trusted name that gets the job done, get in touch with Blacks Business Brokers today.

Visit 👉 www.blacksbrokers.com or email [email protected] to speak confidentially with our team.