Corporate Catering Company
Price:
Leasehold - £60,000
Location:
London, North West London
Business Type:
Corporate Businesses, Distribution companies
Well established this business celebrates over a decade of successful operations in the outside catering industry. Originally founded as a snack bar the owners quickly realised the opportunity and profits available in providing outside catering to local business’ and corporate customers. From that moment on the company has established itself as a reputable supplier of specialist buffets.
With an enviable client base now including local companies, blue chip clients local government authorities, the business offers daily finger buffets and fork buffets to their discerning customer base. Having retained several of these clients over numerous years is testimony to the quality of buffets served and the customer service and satisfaction that this company offers.
There are still tremendous areas for growth and expansion within this business that will rapidly increase both the turnover and profitability of this business. The owners have recently started a family and wish to return to their wider family base abroad. Because of this they have not grown the business to anywhere near the potential that it is capable of. Opportunities still exist locally, further afield and in the private function business that they are unable to accept due to their family commitments and so these business opportunities are always refused. This is truly a business explosion waiting to happen!
The premises are ideally positioned close to large business areas and their local customer base and have good accessibility to grow further afield. Because of its reputation the business has built up a very substantial customer base locally. Many clients have been with the company for many years, due to the exceptional levels of quality, service and value for money it can provide. The client base is a good mix with many commercial clients complementing the public service trade.
In what can be a fairly competitive industry, this business is experiencing continuing growth, fuelled by its dedication to quality products, old fashioned services and its high levels of attention to detail. This business offers a very personal and courteous service, with customer satisfaction its prime objective.
With current turnover of approximately £150,000 p.a., this is an excellent opportunity to acquire a well-established business highly regarded for its quality products and customer service and a steadily increasing and loyal customer base. A new owner with new ideas, energy and enthusiasm will be ideally placed to build on this already successful and profitable business platform.
The premises are extremely low overhead premises with a yearly rental of £15,000 and rates payable of £5,000 per annum. As the business operates on a dependable licence means that new owners have the opportunity to continue in these premises or relocate the business to somewhere better suited to their requirements, offering the opportunity to base themselves almost anywhere in this locality, or to assimilate the business easily, into an existing operation.
The premises are located in a secure business park
North Yorkshire
£ 750,000
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