For sale £59,000 - Catering
City Business brokers are pleased to bring to the market this Private Event Catering Company specialising in Weddings and other similar outside events. Having built an excellent reputation for quality food and excellent service, the owner is looking to retire after more than 30 years running the business. .
This 5 star rated business is run from an out of town unit, providing catering services across, Buckinghamshire Northamptonshire Bedfordshire and Oxfordshire. They specialise in Weddings and similar events working closely with a small number of venues as well as servicing other events across a wider area, catering for up to 200 people at around 50 events per year, including lunches buffets receptions and formal dinners.
The business is run and operated by the owner with the support of a number of long standing part time and contract staff. Trading for the past 5 years at just under the VAT threshold ca £75K it produces net profits of ca £35K pa.
The business would suit either an experienced chef looking to take on a lifestyle business, or could be easily added as a bolt on to an existing food related or catering business. With bookings through 2020 for weddings etc it would easily repay any potential investment. The business can be relocated, the current premises being available on an informal basis at £350 pm (with full rate relief).
The business comes with its own website, Facebook page, sign written van, together with all equipment to operate the business. (all crockery and glasses for 200 place settings are owned not rented)
The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.
A full profile is available once a confidentiality & non disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Enquiries to: David Howard City Business Brokers Northampton O: 01604 385040, M: 07794729634, firstname.lastname@example.org
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
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