Catering Companies for sale in York

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  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £299,995 Price Reduced Annual Turnover: £1,300,000 Gross Profit: £260,000
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Business Description
Established Over 10 years
E.B.I.T.D.A Of Approx £116,000
Annual Turnover £1.3m
Gross Profit £260,000
Closed Weekends
EPC - F

Fishers Catering Supplies has been established for over 10 years and is one of the North Yorkshire's leading suppliers of catering equipment and tableware to restaurants, cafés, pubs and bars.

Customers range from small bistros and coffee shops to large restaurants, hotels and bars. Fishers supply the catering trade with a large collection of items ranging from crockery, cutlery, glassware, cookware, barware, just about everything for the hospitality trade. An online shop also offers over 2000 lines.

The business has built its ethos around being a one stop shop for customers to fully furnish any commercial kitchen along with dining areas.

Sales are split approximately 60/40 between internet sales and showroom sales respectively.

Sales, order processing and delivery can be maintained with a small team of 4, working well together. The present team would be happy to continue on and will provide continuity to new owners , should this be recognised.

The net result is a business that traded successfully through the worst of the recession and is now seeing sales rise dramatically as the recovery continues. The business is currently running on reduced hours which provides exceptional scope for new owners to increase profits further.

For new owners, this is a tremendous proposition. Profits are already strong, and getting stronger. The Company has a strong brand recognition in the industry, which again, is only getting stronger. Were it not for the 2 principals retiring, then undoubtedly the business's success would continue.

For sale now due to the vendors wish to retire, its future success will now be in the hands of new owners, who will undoubtedly recognise the exciting and rewarding proposition presented. The current owners are willing to offer a handover period after completion if required.

Fixtures:
Available on request.
Trading Hours:
Mon to Thurs - 09:00 to 17:00
Fri - 09:00 to 15:00
Sat & Sun - Closed

Tenure: Leasehold

Location Details: York

Leasehold Term: Rent: £365 Per Week

Downloadable Documents

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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