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Established Milton Keynes Catering Business with High Profits and £140k Sales for Sale

Milton Keynes, Buckinghamshire
Long-established Outside Catering Business, Milton Keynes Photo 1
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Long-established Outside Catering Business, Milton Keynes
  • Status

    FOR SALE

  • Date Submitted:

    21/06/23

  • Advert ID

    515356

  • Reference

    AC9076SJG / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £75,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Long established Outside Catering Business, Milton Keynes

This is an opportunity to acquire a long established outside catering business, established by the vendors in 2010, located on an industrial estate on the outskirts of Milton Keynes, Buckinghamshire. The business is now offered for sale after 13 years of trading. This long-established, highly reputable and very profitable outside catering concern, offers potential for further development in the hands of enthusiastic new owners.
Long established business - owned by vendors since 2010
90%-95% of income generated from corporate buffet work with scope to develop private outside catering work (celebrations and funerals)
Around 50 regular clients - all located approximately 20 minutes drive of the production facility
Cold buffets only - for ease of preparation and delivery
Strong recovery from covid pandemic - net sales year to 31st march 2023 £140,175 with high profits generated
Excellent reputation for the quality of catering
Around 1,000 recipes will be passed to new owner with handover period available if required - vendor also willing to work part-time for new owner and pass on over 50 years catering experience
Five day trading Monday to Friday
Leasehold – at very modest rent £7,000 per annum plus vat
Two sign written refrigerated vans available by way of separate transaction
Read more

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Contact the seller for more details, or book a viewing

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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.

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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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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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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 'Long established Outside Catering Business, Milton Keynes - AC9076SJG / 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.