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Outside caterer – hog roasts, buffets, barbecues, drinks bars and crockery hire.

Undisclosed, West Sussex
Status
FOR SALE
Advert ID
154597
Reference
AF167 / Rightbiz
Asking Price: £255,000
Annual Turnover: £132,000
Annual Net Profit: £46,000
Outside caterer – hog roasts, buffets, barbecues, drinks bars and crockery hire.
Ref.AF167
Location West Sussex, but re-locatable
Asking Price £ 255,000.
Turner Butler has been appointed to invite offers of purchase for certain assets and goodwill of an outside catering business specialising in hog roasts, buffets, barbecues, drinks bars and crockery hire.

Key strengths:

The business has the following key attributes:

•Specialist supplier of hog roasts, barbecues, buffets, drinks bars and catering equipment hire.
•Almost twenty-five years of successful operation.
•Significant volume of plant and equipment – breadth and depth of inventory.
•Bookings stretching over a year ahead.
•Outstanding reputation for high levels of customer service and customer satisfaction.
•Excellent growth and expansion opportunities.
•Easily transportable, profitable business.

The business provides an acquirer with:

•An ideal bolt on for another outside catering business or catering butcher looking to increase their business interests.
•An excellent starter business opportunity possibly for an individual or family
Financial profile:
For the financial year ending December 2014, the Business generated turnover slightly in excess of £132,000, generating gross profits of £76,600 and an EBITDA (Earnings before interest, tax, depreciation and amortisation of costs) of £46,000 before Director’s costs.

The Asking price of £255,000 is for a sale of 100% of certain assets and goodwill in the business and includes plant and equipment conservatively estimated to have a value of £185,000.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

All enquiries or requests for additional information should be submitted or directed to Turner Butler Head Office: 01895 256000.
Listing Details
Location: Undisclosed, West Sussex
Sector: Private Hire Businesses, Catering Businesses
Key Features
  • Price Reduced
  • Company for Sale
  • Established Business
  • Attractive Business
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Advert Reference: AF167 / Rightbiz

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