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Catering Company

Price:
Leasehold - £100,000
Turnover:
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Seller Ref:
CL001142
Location:

London, City of London, London

Business Type:

Commercial Property, Food Service Businesses

See Other:
Catering companies for sale in London
Catering premises for sale in London
Food service businesses for sale in London
Commercial property for sale in London
Description:
THE BUSINESS:
Catering Company operating from a purpose built kitchen which has been established by the current owners for the past 15 years having built up in that time a fine reputation for supplying a quality of both food and service to both corporate and private customers.

The company services include catering for Seminars, Celebration parties, Business lunches, Weddings and Funerals providing a range of well presented food (sandwiches, hot & cold buffets, canapés, breakfast and packed lunches).

A fully operational website and refrigerated Peugeot Expert van (2005) are included in the sale.

The business can deliver to any area of London and surrounding districts but the most popular areas at the current time are Islington, Tower Hamlets, the City and County Hall.

This successful business is operated by the two partners with the assistance of staff (listed below) and is being offered for sale at this time due to the ill health of one of the partners.

Turnover for year ending April 2010 is £240,794 working on a gross profit of c61%. Turnover for the current year is expected to show a similar figure. Low overheads provide for a high net profit. The business supplies a range of clients with no one client representing more than 15% of the turnover.
Accounts are available for any interested party upon completing a NDA.
Location Details:
Close to City of London with easy access to the City, West End and surrounding districts.
Lease Terms:
Rent £8,000 per annum. Rates c£3,857 pa
Trading Hours:
6am-1-2pm Five day week only.
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