Established Catering Business for Sale in City of London, Exciting Turnkey Opportunity!
City of London, London
- Status
FOR SALE
- Date Submitted:
24/03/24
- Advert ID
608709
- Asking Price: Price on Application (Stock at valuation)
- Turnover: £92,000 (£1,769 Per week)
- Net Profit: On request
Key Features
- Established Business
- Home Based
- Offers Invited
- Small Business
- Attractive Business
- Company for Sale
Business Details
Turnkey Catering Business Opportunity: Established Success and Lucrative Contracts!
Are you ready to step into a thriving catering business? Our well-established company, launched just last year, is seeking a passionate new owner. With an impressive first-year revenue of £92K, we've laid a strong foundation for success. We currently hold a valuable contract with the local council, guaranteed until the end of 2026, potentially bringing in £50-100K annually. Our diverse portfolio includes prestigious clients such as Amazon and Ardeen University, alongside catering for various festivals, staff events, and children's camps. Seize this opportunity for £160K and continue our legacy of exceptional catering services. Interested? Let's chat about your future with us.
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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.
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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.'.
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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.
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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.
Be safe, use a Rightbiz Solicitor
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