Golden opportunity! Chance of a lifetime!
Ashford, Kent, United Kingdom
Seller Reference: Successful Catering Company in
Asking Price: £59,950
Net Profit: £54,000
Sales Revenue: £280,000
Number of Staff: 2
Established For: 20  Years  0  Months
Ownership: Leasehold
Share this business!
  Business Summary   
  Canterbury, Kent, England
Leasehold Price: £59,950.00 Price Reduced Annual Turnover: £280,000 Annual Net Profit: £58,000

Business Description
Location/Premises

The company is located between Canterbury and Ashford. The business trades from a large property with plenty of secure parking. The Company has 2 large professional kitchens with easy ground level access via a Loading Bay. Ample secure easy access parking for a number of vehicles.
The building has 2 floors with large kitchens and plenty of office space upstairs.
The premises are protected by a burglar and fire alarm system.

On the left on the ground floor is a large kitchen equipped with a Falcon 6 burner hob and oven, griddle, large deep fryer, 2 microwave ovens, a big trolley oven, multiple steel tables, 2 upright Foster Fridges and a walk in fridge 16’x9’with shelving both sides.

Two commercial sinks, 1 small hand wash basil are installed in the kitchen as well. The kitchen has a separate WC with hand wash basin.

Next to the kitchen is a large pantry for dry goods and equipment.

On the right side of the ground floor is a kitchen The "cold" kitchen equipped with 2 large 3 door fridge cabinets, 4 large steel preparation tables, assorted mid sized steel prep tables, professional kitchen sinks, and a large walk in freezer16’x6’ with shelving both sides.
The kitchen has a separate WC and hand wash basin. The area is fully air conditioned.

The first floor accommodates 2 large offices and 1 substantial storage room plus 3 smaller rooms for storage and 2 changing rooms. All rooms are fully air conditioned.

The offices are fully equipped with all necessary furniture, telephone, computers and printers.





Business

This well established and successful business has been established more than 20 years and operates in 3 different areas each contributing to the Gross Profit of 62%:

Sandwich Vans
Corporate Catering
Event Management

This diversification provides a guaranteed income throughout the year which means an even cash flow position.

The Business is well organised and structured to allow easy management and smooth running. The long term employees are self sufficient, honest and reliable and are able to work unsupervised.

The Company is the most successful corporate caterer in the area, enjoying a close and loyal relationship with each client including several multinational companies which are supplied with buffets on a daily basis. Frequent testimonials prove the reputation and quality.

The Company is the Preferred Caterer for a growing of the major Wedding Venues in Kent. This is a solid base for continuing the rapid growth experienced over the past years. The reputation of the company is outstanding.
The sandwich vans are equipped with Fridges and ovens which gives the company a major advantage over competitors allowing to cater even in areas without water, electricity or other utilities.

The company is comprehensively equipped with all necessary catering equipment including Service and Linens.

Confirmed bookings and contracts for 2016 indicate further substantial growth with bookings and active enquiries for 2017 in progress.

Health & Safety policy, top hygiene ratings and all legal requirements are in place.

All recipes are stored in a database and can be used for calculation purposes.

Website and social media are used extensively and contribute to the success of the company.






Assets
Included in the sales are 2 Sandwich vans, Fridges and Freezers, Ovens and Hobs, all other kitchen equipment, crockery, cutlery for 250 covers, glassware, silverware and etc. All office equipment plus Desktop Computer, 1 laptop and various printers are included.
Turnover
The turnover for 2015/16 will be £280,000.00 with a min. Gross profit of 66% and an impressive net profit.
Staff
In addition to 1 F/T time vendor the business employs 1 F/T drivers, ½ time kitchen helper and a Zero hour additional kitchen helper. An independent Head Chef is used for events. A team of 20 casual workers is employed when needed.
Tenure
The property is held on a stabile lease for 10 years. The current rent is £20,000 per annum. Business rates for 2015/16 are £6720.00

Reason for Sale

Genuine retirement sale

Comments/Potential

This is a solid, established and profitable business with huge future potential.

To appreciate the business a viewing is strongly recommended.

Price
The vendor is seeking offers of £59,950 to include goodwill, fixtures and fittings, all equipment and leasehold interest Please call on 07450 251875 or email hsgsolution@gmail.com for viewing
  Property Information   
  Property: Leasehold
 
  Lease Terms: 10 years
 
  Current Rent: 20000.00
 
  Living Accommodation: No
  Support and Training Offered   
  Introduction training offered
  Reason for Selling   
  Retirement
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Staffing   
  2 full staff members, other staff when required





Contact this seller
Title:
First Name:
Last Name:
Your Email Address:
Your Contact Number: (optional)

Postal Address

Address1:
Address2:
Town/City:
County:
 *
Post Code/Zip:
Country:

Your message:
Business4Sale.co.uk will not share your personal data with any other third party, unless you have given us your express permission to do so. By submitting this form, you confirm that you agree to our Terms & Conditions and Privacy Policy.