Catering equipment & restaurant supply shops for sale in Staines

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Catering Equipment Manufacturer & Distributor

Staines, Surrey, England

  • Leasehold Price: £275,000
  • Annual Turnover: £641,457
  • Annual Gross Profit: £239,120
  • Annual Net Profit: £22,392
Seller Reference: 6743
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Business Description
 
 
 
 
 
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Seller Reference: 6743
Request Details
Business Description
Busy Industrial Estate Location
Accounts Available Year End 31st May 2018
Annual Turnover £641,457
Gross Profit £239,120
Adjusted net profit of £89,000
Accounts Available After Viewing
Established National & International Contracts
Established 1998
Ill Health Forces Sale
Exceptional Online Presence
Ideal Acquisition For Existing Company
Handover Period Offered if Required
EPC - D
REF 6743 – Leasehold Catering Equipment Manufacturer & Distributor

Blacks Brokers are pleased to bring to the market this leasehold catering equipment manufacturer & distributor located in a busy industrial area of Staines-Upon-Thames, Surrey.

INTRODUCTION

RSA Food Service International Ltd was set up in 1998 by our client. Due to expansion, the business relocated to Rutland House in 2017. The business is well known and has an excellent reputation in this business sector with a large base of international customers including over 45 corporate clients. Nearly all of the clients on the database have contracts in place with our client and hotel, pub, national supermarket chains and conference centres feature through the client base.

LOCATION

The business is positioned within a busy industrial estate close to Staines Railway Station – this links directly to Waterloo. The area is well linked by the M25 and A30 with good public transport links and parking is available immediately outside the unit.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but sadly due to our client’s ill health, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The current lease runs at a cost of £577 per week. Copy of lease available upon request.

STAFF

The business is currently operating with five members of staff in employment – this includes a warehouse manager and sales manager. Our client is involved in the day to day running of the business on a full time basis. A handover period would be offered if required.

FINANCIAL DETAILS

RSA Food Service International Ltd has traded well over the last twenty years. Accounts for year ending 31st May 2018 show annual turnover of £641,457 with gross profit of £239,120. Full financial details are available after viewing.

BUSINESS RATES

The business has a rateable value of £10,440. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business has a long and impressive trading history in place. Our client has secured a large base of contracted customers, these customers are concentrated around the contract catering industry and our client operates as a nominated supplier to over 40 major players in the contract catering industry. The business also supplies to 20 UK catering distributors as well as 6 international distributors in and out of the European Union. The business has historically been very active on social media, though this hasn't been gathered recently due to ill health and these accounts along with the website are included in the sale. This proposition would be an ideal add on for another company already within the sector whether they are UK based or overseas. Early viewings are strongly advised. Fixtures:
Everything included

Computer System

Pump Trucks
Trading hours:
MON - FRI: 08:30 - 17:30
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
RSA Food Service International Ltd operates from a modern, two storey industrial unit with parking to the front and sides. The business is very well branded with large signage on display to the front. Inside, the warehouse, manufacture and despatch areas are all within the ground floor with offices, toilets and kitchen positioned within the first floor. All areas are very well presented and equipped – a full inventory is available upon request. An additional outbuilding is used for further storage.

Location Details:
Staines-Upon-Thames
Leasehold Term:
£577 Per Week
Listed by:
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