Profitable Home Run Catering Business
Business Type:
Food Service Businesses
Advent Business Sales is pleased to have been instructed to offer to the market this well established and popular catering business with excellent future potential.
Founded over five years ago by our vendor, the business is only now being reluctantly offered for sale to enable him to focus on an alternative unrelated business venture.
The business has several income streams from organising corporate events, buffet style lunches, hog roasts, sandwich rounds, filling and maintaining vending machines, weddings, wakes and many others.
All events organised and supplied are within an approximately 35 mile radius of his home in Hampshire.
The business has an excellent local reputation with most new events coming from word of mouth referrals.
The vendor works alone in the business but does have up to approximately fifteen self employed staff that he can call upon at any one time on an as and when required basis.
He is currently achieving net annual sales of circa £120,000 with a gross margin of approximately £70,000 as the business is run from home, overheads are kept to a minimum, resulting in good net profits earned on a consistent basis.
The business is fully equipped for purpose including:
• 2 x 17 cubic feet upright fridges
• 1 bench freezer
• 3 x 6’ stainless steel work tables
• 18 x poly cool boxed for delivery
The vendor is prepared to work with a new owner to ensure a smooth transition and to effect the necessary introductions to his sub contract staff and his customers.
We are advised that stock at cost is approximately £500.
REF: 9551RG
EXPANSION POTENTIAL
This is already a successful business, it does however, still offer excellent scope to increase both sales and profits by:
1. Increasing the working area beyond the current 35 mile radius, especially for the corporate events
2. Approach many of the local office complexes to organise additional sandwich delivery rounds and offer corporate events and buffet lunches
3. Advertise more, currently only very limited advertising is carried out
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
The business is run from the vendor’s home which is in an affluent town in Hampshire
Currently run from home, the business is fully re-locatable anywhere in the area. Space the equivalent of a single garage would be required
Mon-Fri: 7am – 6pm – as required by customers
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|