Highly Rated Catering Business Available for Sale in Cheltenham Gloucestershire
Cheltenham, Gloucestershire
- Status
FOR SALE
- Date Submitted:
11/12/23
- Advert ID
603738
- Reference
B07704 / Rightbiz
- Call Agent:
- Asking Price: £69,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Highly rated Catering business for sale
BusinessPlease quote reference B07704
Helping Hands Catering has come to the open market due to the owners desire to retire.
The business has an established 15 years of experience having been set up by the owners in 2008.
The unique business model focuses on funeral wakes. Having gained knowledge of this market, it sets itself apart from other local catering businesses. Knowledge of the planning requirements of funerals to achieve a heart felt all round service make up part of this unique selling proposition. It has a long standing trusted relationship with Undertakers, Churches and local/village communities in the area.
This niche business is sold with hundres of testimonials from satisfied customers. The companys emphasis is home cooked food which ensures consistent high quality catering and high profit margins. Fifteen years of operating experience have tailored the menus with a balanced selection of home cooked food that align to funeral wake requirements. The event caters for 30-200 guests with an average bing approximately 50-60 guests. This usually takes place in a Church/Village Hall or the customers own home.
Having built up an established client base, the company frequently caters for other celebratory events such as wedding anniversaries or significant birthdays.
Key selling points -
- High profit margin - 85% plus
- Scope for expansion
- Established client base
- Trusted long term relationships with undertakers and church's
- 5* rating from enviromental health
- Tailored menus and recipes
- Home based work enviroment to fit around family life
- Option for a handover period from owners
- Expanding catchment area
- More contact/new contacts with prospective clients. eg; Undertakers, Hospices, Church's
- Franchisable business
Location
Based in Shurdington, Gloucestershire.
Premises
N/A
Tenure
Based at owners home
No premises
Hours
Due to the nature of the business, it operates all year round.
Staff
The business is currently run as a partnership
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £64,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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