PROFITABLE OUTSIDE CATERING BUSINESS specialising in Corporate work
Price:
Leasehold - £270,000
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : Sales year ending 31st March, 2010 £366,737. Gross profit £233,748 and an audited net profit of £94,056
This profitable business we understand was established by the present owners in 1999 (trading from the present premises for the last 7 years) specialising in Corporate work for long standing clients providing buffets for these companies.
Forecourt area providing parking for 4 vehicles
SPACIOUS PREMISES in the region of 900 sq. ft. area, concrete floor. Fully equipped including 3 upright double door stainless steel fridges, 2 single door stainless steel fridges, 1 upright single door deep freeze, 2 6-burner gas cookers with ovens, 1 double deep fryer, 7 stainless steel tables, double sink and drainer.
In addition there are 4 vehicles, all refrigerated, comprising: 2 Mercedes Vans (1 registered 2000 whilst the other registered 2004), 1 Renault Van registered 2009. In addition there is a Renault Van registered in 2011, subject to a leasing agreement, to be taken over.
WE ARE INFORMED the turnover currently averages £6,500/£7,000 p.w. inclusive of VAT. We are further advised that the sales year ending 31st March, 2010 showed £366,737 with a gross profit of £233,748 and a net profit of £94,056.
The vendors own the freehold and subject to satisfactory references are prepared to grant a new 12 years full repairing and insuring lease at a rental of £10,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,200 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A HIGHLY PROFITABLE CATERING BUSINESS IN THIS SOUGHT AFTER LOCATION.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £270,000 plus STOCK AT VALUATION (it should be noted in the stock at valuation is a range of cutlery, crockery and silverware)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Sought after position MIDDLESEX within easy access to the M3, M25 and not far from Heathrow Airport
Preparation -
Monday, Tuesday & Wednesday - 5.30 a.m. - 5.30 p.m.
Thursday - 5.30 a.m. - 3 p.
North Yorkshire
£ 750,000
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