This is a superb opportunity to purchase a reputable catering business based in SW London. The business is available on a leasehold basis.
The business is a unique catering company that offer a wide range of catering services to corporate and private clients in London. Most of the work undertaken is Monday to Friday and there is huge scope to take on more weekend work including dinner parties and weddings. They offer a professional bespoke service to various different clients in the region for all catering needs from office lunches, canapes, and finger buffets to afternoon teas and catering for private functions, funerals, and special events. They even offer a bespoke dinner party service where they take care of everything and can provide chefs, waiting, and bar staff to make any special evening a roaring success! They tailor all their services to the individual requirements of their customers and always source the best quality ingredients, ethically sourced meat, and sustainable fresh fish from trusted local suppliers wherever possible, which ensures that they can deliver fantastic food and service every time! The current owner works full time in the business and has a small, loyal, highly skilled team of staff who help make the business run smoothly.
The business has been established for over 19 years and became a Limited company in 2006 and have experienced substantial growth on an annual basis since then. They have built up an excellent reputation amongst their corporate clients and local community and are widely considered a reliable. trustworthy operation. They can also boast a loyal customer base which has resulted in a vast amount of repeat business which has led to impressive financial figures over a sustained period.
The business operates from premises on a parade of shops and has been renovated to a good working standard throughout as the current owner has skilfully combined the features of the building with professional fixtures, fittings, and equipment. The 50 sq. metre premises has gas and 3 phase electricity and has front and rear access. The kitchen equipment includes 3 electric commercial ovens, gas range, commercial dishwasher, 2.5m sq cold room, and a triple polar undercounter fridge. The delivery van, equipment, and all assets (worth around £30,000) are not included in the sale, but the vendor is happy to negotiate this with the new owner.
• Excellent location
• Loyal customer base
• Future bookings secured
• Established for over 19 years!
• Excellent reviews
• Minimal overheads
• Minimal competition
• High turnover – £259,902
• High adjusted net profit – £68,900
• Huge potential for further growth and success.
• Loyal, experienced staff
• Assets not included but are negotiable
It is with a heavy heart that the current vendor is selling due to relocating. Due to the location and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the catering sector or an existing business looking for a lucrative acquisition.
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.