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One of Scotland’s Leading Wedding Caterers For Sale, Central Scotland

Undisclosed, Undisclosed
Status
FOR SALE
Advert ID
264851
Reference
2655 / Rightbiz
Leasehold Price: £149,000
Annual Net Profit: Available upon request

This is a rare opportunity to acquire one of Scotland’s leading wedding catering companies.

As the preferred provider to many of the country’s most prestigious wedding venues this business caters for around 100 high end weddings every year.

The business has over 75 confirmed bookings for the coming year.

The average value of each booking is between £7,000 - £8,000 meaning there is £500,000 of confirmed revenue for the next 12 months.

Business, leasehold kitchen, equipment, fixtures and fittings for sale.

Further details:

Type of business:

This is a rare opportunity to acquire one of the most highly regarded high end wedding caterers in Scotland.

As the preferred caterer to a number of prestigous venues this business has a regular enquiry flow and excellent referred business.

An established and experienced catering team in place independent of the owner supported by a floating pool of 30-50 part time event staff.

The business leases a spacious property which houses their catering kitchen, store and meal sampling facilities.  This is centrally based and within easy motorway access.

Financial Information:

Over the last few years sales have averaged between £400,000 and £500,000 with consistently healthy net profit margins.

Deposits taken for over 75 weddings for the next 12 months.  On average the business caters for around 100 weddings per year.  The average sales value for each wedding is between £7,000 and £8,000.

As well as a fully equipped kitchen, the business has a huge range of crockery, glassware, cutlery and a vast assortment of props to make high end weddings feel extra special.

All equipment is owned outright and included in the sale price.

Potential for further growth through non-wedding event catering and bar sales at existing bookings.

Premises:

The premises are all the ground floor with a spacious commercial kitchen with ample prep, cooking and dishwashing space together with walk-in chill.  In addition there is ample storage for the large number of props which the business owns together with a suitable space to bridal parties to sample their proposed meals prior to the event.

The property has full van access for easy loading and unloading and ample off street parking.

Tenure:

Leasehold.  Rent £560 per month.  Rolling lease.  Rateable value is low so no rates are payable.

Listing Details
Location: Undisclosed, Undisclosed
Sector: Catering Businesses, Mobile Catering Businesses, Wedding Service Businesses
Key Features
  • Accounts Available
  • Retirement Sale
  • Established Business
  • Attractive Business
  • Unique Business
  • High Turnover
  • Large Business for Sale
Contact Agent
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Agent Name: Upgrade to view
Advert Reference: 2655 / Rightbiz

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