Catering Companies for sale in Malvern

View the "The Cold Chef Catering Company. Malvern Worcestershire WR14 3BS." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Y. MacGregor (Nov 2017)
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Leasehold Price: £47,500 Turnover: £132,523 Gross Profit: £39,709
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Business Description
Business
Hilton Smythe welcomes to the market,The Cold Chef Catering Company.

The Cold Chef Catering Company was founded by the current owner when he identified a gap in the market and the business has been a real labour of love for him.

The business is now being sold albeit reluctantly and with a heavy heart only due to the owners wish to take a well earned semi retirement.

The owner is keen to see his well loved business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

The Cold Chef Catering Company, as the name suggests is a family business catering for both business and social events by providing mouth watering buffets that are hand prepared, using local ingredients wherever possible, decorated with care and delivered to the customers door.

The outside catering side of the business accounts for approximately 50% of turnover.

Additionally, the business has a well used shop that sells homemade soups, hot pork rolls and baguettes, hand baked quiches, sausage rolls, cakes and fresh baked baguettes and sandwiches.

The sale will include the company website (coldchef.co.uk) and the business enjoys brilliant visibility on the internet with great reviews.

The business provides buffets and business lunches to a variety of corporate customers such as Speller Metcalf, ESP, Upton Community Healthcare as well as a number of residential homes and fostering agencies.

Scope To Improve

1. Advertising and marketing campaign
2. Maximise the use of social media particularly Facebook and Twitter
3. Extend the opening hours
4. Expand the outside catering side of the business by canvassing local employers and approaching pubs and clubs etc
5. Introduce a sandwich round delivering to local businesses
6. Consider online offerings from the likes of Just Eat and Hungry House

Reasons To Buy

1. A well established business with an enviable reputation and many existing customers
2. A real opportunity to increase turnover significantly, current owner has been running at a pace to suit
3. Ideal owner managed or husband and wife business
4. Low running costs with inexpensive rent and no business rates
5. Ideal trading position in the unusually busy and vibrant Barnards Green Shopping area.
6. Current owner happy to offer a handover to ensure the continued success.
7. The sale includes a sign written Citroen Dispatch van.

This great little business is likely to attract considerable interest.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
The Cold Chef Catering Company is Located in Barnards Green,Malvern in Worcestershire.

Barnards Green is one of the main population areas of Malvern situated approximately 1 mile east and downhill from Great Malvern the towns traditional centre.

In the early 1950’s the construction of the large Pound Bank Council Estate led to an increase in the population and to the commercial activity in the vibrant shopping area.

Great Malvern Railway Station is Located in Avenue Road about 0.3 miles from the Barnards Green roundabout and provides direct services to Worcester, Hereford, Birmingham, Oxford and London. Several bus services connect Barnards Green with the surrounding area and bus operators include Aston’s Coaches and First Diamond.

The Cold Chef Catering Company is ideally situated in Barnards Green Shopping Centre alongside other complimentary retail businesses, most of which are independents.

The business is next to the Barnards Green Post Office and as such benefits from from really high levels of footfall and passing trade.

The business premises are beautifully presented and maintained with clear visible signage and distinctive livery. There is free parking in a lay-by immediately outside the premises and there is plenty of free on street parking nearby as well as an inexpensive shoppers car park a short walk away.

Premises
The Cold Chef Catering Company occupies the ground floor of a purpose built, inner terraced retail unit and briefly comprises,

Shop

• Windows and glazed door to front creating a light, airy and inviting interior,
• Quarry tiled floor,
• Spotlighting,
• Long refrigerated serve over counter,
• Window display area,
• Cake stands,
• Hot pork station,
• Soup kettle,
• Burco pie warmer,
• Freestanding display unit,
• Run of base units with worktop above,
• Feature bread baskets,
• Wall mounted menu boards,
• Till,

Middle Preparation Kitchen

This kitchen services the shop and is comprehensively equipped,

• Tiled floor,
• Base units with complimentary worktop,
• Lincat two ring electric hob,
• Lincat grill,
• Burco commercial induction oven,
• Stainless steel sink and drainer with useful storage beneath,
• Samsung microwave oven,
• kettle,
• Two slot toaster,
• Foster stainless steel upright fridge,
• Gram upright fridge.

Main Production Kitchen

Generally used for the outside catering side of the business and preparation of buffets etc. Generously proportioned,

• With a walk in Coldstore (recently regassed and serviced)
• Double stainless steel sinks and drainer,
• Stainless steel preparation tables
• Central stainless steel preparation area,
• Chest freezer,
• 3 x upright freezers,
• Neff built in double oven,
• Sealer machine,
• Fan,
• Meat slicer, Mixer.

The sale includes a considerable number of pots, pans and baking trays etc.

Office

A useful office at the rear of the premises with room for desk, chair and filing cabinets. Window and door to rear yard with two allocated parking spaces

WC

With close coupled toilet and hand wash basin.

Useful walk-in store cupboard.

Tenure
We are advised that the business is being sold as a leasehold business opportunity.

The existing lease expires in September 2019 and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The rent is a very reasonable £10,400 Per Annum.

We are advised that the business benefits from being exempt from business rates.

Hours
Monday to Friday 8.30 to2.30
Saturday 9 to 1
Sunday Closed

Staff
The business is run and managed by our client with the help of 5 part time members of staff.

Financial Profile
The Cold Chef Catering Company generated an advised turnover of circa £133,000 as of the 2017 accounts with an adjusted net of approximately £16,500.

It needs to be stressed that the business is currently being run at a pace to suit and has enjoyed higher turnover previously.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04242
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