Hilton Smythe is delighted to welcome to the market Meet the Chef. The business was established by our clients in 2008. Our clients are now looking to sell the business due to health reasons.
The business runs as a high quality catering service focusing on weddings, business lunches, corporate events and more. The caterers offer fantastic menus from great classics to canapes and exotic BBQ’s.
The business has a website which has been completed to a high standard. The website www.meetthechef.co.uk features menus, information about the business and it also presents beautiful pictures of the variety of food available.
There is a great range of buffets and menus available such as, pizza menus, vegetarian dishes, Sunday roasts, breakfasts, hog roasts and hot and cold buffets.
This business was nominated for small independent business of the year award for 2016. The service boasts its use of fresh produce and the use of local suppliers. The service has many contracts with local companies; for lunches and events. The purchaser should look into increasing the number of contracts in order to benefit from further repeat trade.
The current turnover for the business is an advised £120,000 per annum with a great gross profit of 71%. We believe the caterers could boost turnover in many ways. One way in which the new owner could do this is to promote the hire arm of the business. They currently hire out equipment like crockery, glassware, tables, electric griddles, BBQ’s and more. This is popular and should be promoted more.
The buyer could also look into opening up a sandwich shop in the town centre. From here they will be able to promote the catering service and customers off the street will be able to try the delicious food. There is also the option to serve food from the current premise to the local business on the business estate.
The business receives much of its trade from business lunches, dinner parties, corporate events and weddings. We feel that by offering wedding cakes there would be an increase in income from most wedding buffet sales. This would be a great convenience to customers.
This is a brilliant business for any purchaser and would make a great bolt-on business. Hilton Smythe highly advise early viewing to avoid missing out on this fantastic business opportunity.
Meet the Chef is located on a large business park in Tockwith, North Yorkshire.
The park has a generous amount of complementary businesses such as alcohol retailers, coffee shop, furniture repair, garages, kitchen manufacturers and more. This park is managed by a company that also provide security patrols. There is a plethora of parking around which is great for customers and staff.
This area is close by to York which is approximately 11.5 miles away. York is a fantastic tourist town with great historical buildings, perfect for weddings venues and hosting over events. This is great for the business as they always receive a generous amount of trade from these private functions.
In this area are a generous amount of road connections with excellent motorway links, such as the A1. This road has easy access to Leeds, Wetherby and Harrogate. There are bus stops located just off the business park which have regular routes.
The business is run from an industrial unit on a busy business park. There is a sign above the door which advertising the business and attracts passing trade. At the front of the property are parking spaces for staff and for the delivery vehicles.
Inside is a large fully equipped rock wall commercial trade kitchen complete with stainless steel fixtures and fittings. There is also a separate kitchen area which is also equipped for the trade. To the rear of the premise is a toilet for staff.
There is a first floor which is a mezzanine overlooking the kitchen. This space is used as the office area. The office is also where clients come for menu tastings and it has a large glass table and chairs; presentable to customers.
20 Grid convection oven
Double door fridge
6 x Fridges
6 x Freezers
4 x BBQ’s
2 x Gazebo’s
Crockery and cutlery for up to 200 guests
Glassware for up to 400 guests
Also included in the sale are 2 vans which are fully signed. One of the vans are refrigerated and the other isn’t. With the vans there is a trailer which includes a hog roast machine, generator and BBQ.
The property is fitted with roller shutters and is secured with CCTV. The park also has security guard patrols.
We are advised the business is Leasehold.
Rent: £379 per month
The business is open as and when required. This is a 365 days a year business.
The business is run and managed by our clients with the help of casual members of staff.
The business generates a turnover in the region of £120,000 per annum.
With a gross profit of around 71%
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