Well established catering equipment hire business for sale

  • Price: £149,995
Nottingham, Nottinghamshire, England
Seller Ref:B07272
For Sale

Well established catering equipment hire business for sale

Nottingham, Nottinghamshire, England
Seller Ref:B07272
  • Price: £149,995

Overview

Seller Ref: B07272

Description

Business
Please quote reference B07272


CoGoGo are delighted to welcome to the market Blue Crest Catering Hire Limited, a highly rated catering equipment hire business in Nottingham. 


The business was first established in 1979, and has been under clients ownership since 2002. The business has proven to be extremely popular within the local area, building up an excellent reputation and regular customer base.


Blue Crest Catering Hire Limited has now come to the open market due to our clients wish to retire. 


Blue Crest Catering Equipment Hire are a Midlands based company supplying great value table and chair hire to customers. They are one of the leading event furniture hire services in the area, with a massive range of stock to suit any kind of event and compatible with any theme or décor. In addition to event furniture hire services, they also have tableware including crockery, glasses, table linens and cutlery. They also have catering equipment from refrigeration to heat lamps, BBQ’s and hog roast spits.


The business has a split of 70% corporate and 30% private. The business also offers a delivery and collection service, and also a cleaning service of the products (at an additional cost). 


Key selling points –

  • Well established
  • Word of mouth recommendations
  • Family ran business
  • Outstanding reputation


Scope to improve –

  • Increase catchment area
  • Increase marketing

Location
Blue Crest Catering Hire Limited is located in Newstead, Nottinghamshire. 


The business trades around Nottingham/East Midlands. 

Premises
Occupies an industrial unit.


Basement room –

  • Used for storage


Ground floor –

  • Storage warehouse
  • Industrial racking
  • Washing area 

Tenure
We are advised that the business is being sold on a Leasehold basis. As our client owns the freehold, lease and rent terms are to be negotiated. 

Hours
The current trading hours are –


Monday – 9:00am – 5:00pm
Tuesday – 9:00am – 5:00pm
Wednesday – 9:00am – 5:00pm
Thursday – 9:00am – 5:00pm
Friday – 9:00am – 5:00pm
Saturday – Closed
Sunday – Closed

Staff
We are advised that the business is run and managed by our client, with the help of his wife. 

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £102,000. Further financials can be made available upon request. 

Is this business relocatable:
No
Is stock included:
NA

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