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Award Winning Catering & Event Management Business

Wimborne Minster, Dorset
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  • Status

    FOR SALE

  • Date Submitted:

    29/09/21

  • Advert ID

    283626

  • Reference

    H23054 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £85,000 (Stock at valuation)
  • Turnover: N/A
  • Net Profit: On request

Key Features

  • Established Business
  • Fully Fitted

Business Details

Award Winning Catering & Event Management Business

Goadsby Commercial present busy and successful Award Winning catering and event management business - operating since 2009. The business provides functions, business lunches, weddings, parties, funerals etc. Beautifully fitted, spacious catering unit in Wimborne, which is comprehensively equipped. Substantial goodwill - enquiries & bookings currently in place and growing weekly. Sale includes 2 refrigerated vans & 1 transit van.

LOCATION
Situated on the popular Stone Lane Industrial Estate on the edge of Wimborne Minster.

SUMMARY OF ACCOMMODATION
Entrance Foyer. Preparation Kitchen. Cloakrooms. Prep Kitchen. Store Room. Office.

DESCRIPTION
Through double doors into Entrance Foyer with commercial spit roast. Through into Preparation Kitchen with shelving, 7 stainless steel tables, table top chiller counter unit, upright double commercial freezer, upright double commercial refrigerator, stainless steel wash hand basin, soap dispenser, paper towel dispenser, wall mounted insectocutor, double deep bowl single drainer stainless steel sink unit, double stainless steel sink unit with mixer tap above, commercial dishwasher, deep bowl single drainer stainless steel sink unit, 6 burner range with ovens under, extensive extraction system above, double deep fat fryer, commercial turbo fan convection oven, hot plate, Walk in Cold Room with shelving, concealed LED lighting, ceiling mounted air conditioning unit. Step down into Hallway. Cloakroom with 3 cubicles, each with low level WCs, wash hand basin, soap dispenser, hot water heater above. Kitchenette with single drainer single bowl stainless steel sink unit, wall and base units, upright freezer. Hallway into Store Room with 2 chest freezers, upright freezer, extensive shelving.  Through door into Office with wall mounted electric heater, shelving. Outside Parking for 3 vehicles.

TRADING & BUSINESS
The owners inform us that Sorrels has traded since 2009 and has been located in the current premises since 2015. The owners specialise in events such as functions, weddings, parties, funerals and business lunches. In the year ending 31st July 2022 the turnover is projected to be £260,000 with a Net Profit of approximately £45,000. The business is operated by the 2 full time owners, with a further full time member of staff and part time staff as required. The sale includes two refrigerated vans and a transit van, barbecues, a commercial “spit roast” and assorted pots, pans, crockery etc. The owners will provide a full training and handover programme. This is a retirement sale with huge potential to develop the business further if required. Further information can be made available to genuinely interested purchasers.

TENURE
LEASEHOLD. The owners inform us that a new lease will be made available by the freeholder with terms to be agreed. We understand that the owners are currently paying a rent of £8,844 per annum. Further information can be made available to interested purchasers. 
 

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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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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.

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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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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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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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The data showed regarding this advert 'Award Winning Catering & Event Management Business - H23054 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.