Profitable Surrey Event Catering Business with High-Profile Clients for Sale
Undisclosed, Surrey
- Status
FOR SALE
- Date Submitted:
14/07/23
- Advert ID
516682
- Reference
SC34395SY / Rightbiz
- Call Agent:
- Freehold: £159,950
- Asking Price: £159,950
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Event Catering Business
Key Features:
- Highly Profitable Events Catering Business
- Adjusted Net Profits in excess of £100k
- 2023 Y/E Turnover £422000
- Relocatable Business
- Blue Chip Clients
- Fully Equipped Vehicles
- Excellent 5* hygiene ratings
- Up to 3 month handover period
- No Lease or Business Rates
- Established 16 Years
An excellent opportunity to acquire this established events catering business which has been trading for approximately 16 years. The company enjoys repeat corporate business from companies such as Santander, Porsche, BT Sports and Amazon as well as many other household names. Year End 2023 turnover figures are in the region of £422k, which is an increase from the previous year. It enjoys an adjusted net profit in excess of £100k per annum. The business has a low cost base with no lease or business rates and the current owners are also offering up to a 3 month handover period if required.
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01865 689400.
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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.
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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