| (REF: trb.1465) Prime City Centre Catering Company |
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| Seller Reference: |
trb.1465 |
| B4S Reference: |
26328 |
| Asking Price: |
£98,500
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| Net Profit: |
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| Sales Revenue: |
£500,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, West Midlands County, United Kingdom |
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The Business Partnership - Birmingham & Warwickshire Office are pleased to be representing this prime City Centre Catering Company for sale. The Company operates from two sites in a major city centre, both prominent tourism and leisure destinations. The business at both sites is offered for sale as a whole (or individually??).
Please note: Location details will only be provided on receipt of a signed Non-Disclosure Agreement which will be sent out if you respond to this ad - also a copy is attached!!
Site One - Full catering and bar facilities for a prominent privately owned leisure facility. Annual turn-over in 2010/11 is circa £350,000 from a restaurant and Cafe/Bar both of which are open to the general public. There are also catering and bar facilities for private functions. Gross Profit is approximately 70% and rent/rates/insurance calculate at approx 10% of annual turn-over. There is huge potential for additional development at this facility with plans already in place which should significantly increase turn-over.
Site Two - a cafe and catering facility at a popular tourist location (footfall 300,000 last year) and turning over in 2010/11 approximately £150,000. Rent/rates/insurance at 10% of turn-over. Again there are already plans in place and action being taken to significantly increase footfall and subsequent turn-over at this location.
This is an exciting opportunity for a motivated catering company, partnership or individual to invest into a growing business concern at an ideal time to fully develop and exploit a prime market place.
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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