Overview
Description
The group comprises three separate subsidiaries and offers a range of leisure cookery courses through to qualifications for professional chefs.
With purpose-built facilities and a reputation for excellence, the group provides an ideal platform from which a new owner can facilitate further business development.
Our clients are now offering the businesses for sale to facilitate retirement plans and to focus on other business interests.
Offers invited.
Key Highlights
– All courses are graded to suit beginners, intermediate and advanced level cooks.
– Offers training classes which have been optimised over years to provide a comprehensive and contemporary range.
– Has earned a multitude of awards and accreditations.
– By offering both vocational and leisure courses to differing markets, the group is able to rapidly adjust its product offering to react to market changes and challenges.
– Operates from leasehold premises, with room for expansion.
Efficient and experienced personnel in place, supported by a strong
second-tier management team.
– Scope for growth via the development of own-brand products.
Financial Highlights
– Turnover of circa £1.9m for YE23.
– Adjusted EBITDA of £498k achieved within the same year.
– Average gross profit margins of 44%.
– Courses are available to book online, and account for 89% of the group’s overall sales.
– Additional property included in the sale, with an asset value of over £703k.
– Partial closure in YE21 due to Covid-19.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
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