Re Locatable Profitable Catering Business Price | | Undisclosed Relocatable | | HAMPSHIRE -RE LOCATABLE HIGHLY PROFITABLE CATERING BUSINESS WITH SEVERAL INCOME STREAMS Various events covered include sandwich rounds, maintaining vending machines & corporate events etc A/T: £120,000 GP: 58% Scope to increase working | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 46146
ADVERT IMPRESSIONS : 173,409 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Outside Catering | | SALE: | Agent Sale | LEASEHOLD: | £30,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is run from the vendors home which is in an affluent town in Hampshire
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this well established and popular catering business with excellent future potential.
Founded over five years ago by our vendor, the business is only now being reluctantly offered for sale to enable him to focus on an alternative unrelated business venture.
The business has several income streams from organising corporate events, buffet style lunches, hog roasts, sandwich rounds, filling and maintaining vending machines, weddings, wakes and many others.
All events organised and supplied are within an approximately 35 mile radius of his home in Hampshire.
The business has an excellent local reputation with most new events coming from word of mouth referrals.
The vendor works alone in the business but does have up to approximately fifteen self employed staff that he can call upon at any one time on an as and when required basis.
He is currently achieving net annual sales of circa £120,000 with a gross margin of approximately £70,000 as the business is run from home, overheads are kept to a minimum, resulting in good net profits earned on a consistent basis.
The business is fully equipped for purpose including:
2 x 17 cubic feet upright fridges
1 bench freezer
3 x 6 stainless steel work tables
18 x poly cool boxed for delivery
The vendor is prepared to work with a new owner to ensure a smooth transition and to effect the necessary introductions to his sub contract staff and his customers.
We are advised that stock at cost is approximately £500.
REF: 9551RG
TRADING HOURS
Mon-Fri: 7am 6pm as required by customers
EXPANSION POTENTIAL
This is already a successful business, it does however, still offer excellent scope to increase both sales and profits by:
1. Increasing the working area beyond the current 35 mile radius, especially for the corporate events
2. Approach many of the local office complexes to organise additional sandwich delivery rounds and offer corporate events and buffet lunches
3. Advertise more, currently only very limited advertising is carried out
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £120,000
Gross Profit: 58%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
Currently run from home, the business is fully re-locatable anywhere in the area. Space the equivalent of a single garage would be required.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 9551RG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
