Established Catering Equipment Hire Business | | Undisclosed Berkshire | | BERKSHIRE ESTABLISHED CATERING EQUIPMENT HIRE BUSINESS Located in 'Golden Triangle' Est 22 yrs Vast range of equipment catering for various events A/T; £60,372 GP: £50,812 NP: £36,820 Low rent & rates - in ideal premises L/H: £160,000 Inc circa £10,000 Sh | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62964
ADVERT IMPRESSIONS : 9,515 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Hire Business | | SALE: | Agent Sale | LEASEHOLD: | £160,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Operating from a converted farm building in an area known locally as the Golden Triangle due to it being surrounded on 3 sides by the M1, M25 & M3 motorways
The premises are located in a rural area
Originally founded over 22 years ago
Built up and prospered during the 9 years it has been owned by the present vendor
REASON FOR SALE
The vendors are planning to emigrate
PRODUCTS
The business has an extensive range of catering equipment for hire from a knife and fork to a fridge, freezer or a turbo fan assisted oven and anything in between
They also have enough crockery to accommodate up to 600 settings in the same design
SERVICES
Used at all types of events such as weddings, funerals, proms, balls, anniversaries, birthdays and many more
CUSTOMERS
Extensive client base most of which is within an approximate 50 mile radius of the premises
These include: Football and cricket clubs, schools, colleges, businesses, hotels & catering establishments
STAFF
Vendor full time
Assistance of his partner for 5 afternoons a week
TRADING HOURS
Monday to Friday 8am to 5pm
Additional hours as required by the clients
FINANCIALS
2010 2009
Sales £60,372 £72,347
Gross £50,812 £60,855
Net £36,820 £44,145
Stock holdings circa £125,000
PREMISES
A converted farm building with gated access to the farm estate for extra security
Fully racked out to accommodate the extensive stock
Mezzanine floor for additional storage space plus 2 steel containers to hold the heavier items
Commercial dishwasher and a double drainer sink
W/C
Side office
Ample free of charge parking all around the site
STRENGTHS
An extremely well established business which has been trading for over 22 years
Good location in an extremely affluent area
Extensive stock list which can accommodate up to 600 covers in the same pattern
Low overheads
Excellent customer reputation with a high repeat trade year on year
SCOPE
Extend the working area beyond the current 50 mile radius
Increase the stock held so that more vents can be accommodated
Increase marketing activities
Have a satellite warehouse in different area to save on transport costs
TENURE
Licence
2 months notice required
Rent review: 3 years
Rent & rates: £4,800 per annum
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: | 1034RG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
