| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 8,411 TIME(S)
BUSINESS REFERENCE : 13539 / RightBiz GROWING CATERER BASED IN CENTRAL LONDON LOCATION | | | | | | Fast growing outside caterer established over 5 years ago, based in superb location with exclusive contract. Client base is extremely loyal and of high stature, including blue chip clients, livery companies, Lords, Sirs and so on. | | | BUSINESS LOCATION: | Undisclosed London UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Outside Catering | | SALE: | Private Sale | LEASEHOLD: | £69000 | | | | | | | | | | | BUSINESS DETAILS: | The business will turn over between £180K and £200K this year with a gross profit margin of over 50%. Currently there are two full time, well trained staff, with the 2 owners also working full time (one chef, one manager). Office is based at home, and superbly located venue is rent free!
Business has doubled in size in the past 3 years offering each partner a salary in the region of £50,000 pa, and there is scope for further growth in the next few years too. Also there is the possibility to expand to another venue in the near future, using existing contacts. Both owners are prepared to preside over a hand over to familiarise the new owners with the business and to seamlessly introduce them to existing clients.
The reason for sale is that one of the owners wishes to retire. | | | | | | FOR SALE | | | | | SELLER: | Confidential - Members Only | | CONTACT: | Confidential - Members Only | | REFERENCE: | 13539 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
