Overview
Description
Forecasted turnover for year-end 2024 is £1.2m
Forecasted adjusted EBITDA in excess of £270k.
The business provides schools meals to primary pupils in the region currently offering c.3,100 meals a day.
Well-established in the sector having provided school meals for around 20 years.
The company has a strong second tier management structure consisting of an operations manager and a catering manager who can operate autonomously.
Operating from a hub kitchen, the business can provide meals for schools with a degree of separation allowing the company to operate independently.
The firm has really strong cashflow with all schools paying in 6 weeks and operates with zero bad debt.
Kings Corporate are delighted to present Project Polly a specialist caterer based in the South West. The business is well-established and offers its products and services across the region. The vendors now wish to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a leasehold basis.
Please contact us for further information using reference number or quote Project Polly.
Ref: 50813
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is stock included:
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