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Sales Service Manufacture & Repair Of Commercial Catering Equipment

Undisclosed Relocatable
Sales, Service, Manufacture & Repair of Commercial Catering Equipment Confidentially offered for sale Ref No: GK131 Location: South Wales Asking Price: £800,000
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 6010
ADVERT IMPRESSIONS : 284,954 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Electrical Retailers
SALE: Agent Sale

LEASEHOLD:

£800,000
 

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BUSINESS DETAILS:

Business Profile:

This company has been established over 30 years and specialises in providing contracted pre planned preventative maintenance programmes for commercial catering equipment. The maintenance schedules often lead to the business supplying new equipment where a repair is not commercially viable.

The operation also operates a kitchen design consultancy where large corporates will ask them to design, supply and fit a commercial kitchen as part of a refurbishment programme or to be included in new build company headquarters. As part of this revenue stream the business manufactures and installs its own stainless steel canopies, ductwork and bain maries

Customer Service:

The business has in excess of eight hundred commercial clients including banks, brewers, Government Departments, Ministry of Defence, Hotel Chains, Local authorities and insurance companies. Within this group there are circa twelve blue chip operations with whom it has written contracts to carry out three or six monthly preventative maintenance schedules.

Every item of equipment is checked for efficiency and safety and a written report recommending repair or replacement is sent to the company for review.

Key Strengths:

Extremely well established
Growing design and fit portfolio
Controlled overheads

Growth and Expansion:

With the ever-increasing demands of Health and Safety there is a growing market for companies of this quality offering this level of service. Further growth is easily achievable by attacking further groups of hotels with a national coverage. Regional airports have strong demand as does the MOD.

Employees

The owner recognises that the key to success for any business lies with the personnel, to this end the Company has a skilled workforce of 14 who feel that their contribution is appreciated and valued..

Advertising and Marketing:

The company has not had a need to advertise as its order books are filled well in advance.

Premises:

The business occupies leasehold premises close to an industrial park within easy reach of the city centre, major trunk roads and the motorway.

The site consists of five well-appointed offices, a works canteen, toilets and showers, a small showroom and a large workshop and loading bay. The offices and workshops cover a total area of circa 7,000 sq ft with an additional external parking area and lane to the rear of the premises.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Sales exceed £1,000,000 per annum.


Reason for Sale:

This is a retirement sale of a well established, successful and profitable business , with clear and known substantial growth potential .


Support and Training

There will be a full and professional handover for a period to be agreed as part of the sales negotiations
   
  FOR SALE
   

REFERENCE:

GK131 / RightBiz
   
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ENQUIRIES:

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