Total of 18659 firms and businesses for sale today Sunday 19th May 2024
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Sold. Outside Catering Company

LISTING DETAILS
Firms For Sale ID:
12969
Vendor reference:
CH064
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£30,000  
Turnover / revenue:
£150,000
Net profit / cashflow:
Undisclosed
Years established:
2000

OTHER DETAILS
Reason for selling:
Having recently started a family of their own the owners now desire to move back to their wider family base abroad.
Support and training:
The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Outside Catering Company

Ref.CH064
Location West London
Asking Price GBP 30,000

Well established this business celebrates over a decade of successful operations in the outside catering industry. Originally founded as a snack bar the owners quickly realised the opportunity and profits available in providing outside catering to local business and corporate customers. From that moment on the company has established itself as a reputable supplier of specialist buffets.

With an enviable client base now including local companies, blue chip clients local government authorities, the business offers daily finger buffets and fork buffets to their discerning customer base. Having retained several of these clients over numerous years is testimony to the quality of buffets served and the customer service and satisfaction that this company offers.

There are still tremendous areas for growth and expansion within this business that will rapidly increase both the turnover and profitability of this business. The owners have recently started a family and wish to return to their wider family base abroad. Because of this they have not grown the business to anywhere near the potential that it is capable of. Opportunities still exist locally, further afield and in the private function business that they are unable to accept due to their family commitments and so these business opportunities are always refused. This is truly a business explosion waiting to happen!

The premises are ideally positioned close to large business areas and their local customer base and have good accessibility to grow further afield. Because of its reputation the business has built up a very substantial customer base locally. Many clients have been with the company for many years, due to the exceptional levels of quality, service and value for money it can provide. The client base is a good mix with many commercial clients complementing the public service trade.

Expansion Potential
There is an outstanding opportunity to build on the existing business levels and customer base of this business. With an ever increasing demand for this business's products and services combined with the capacity to increase turnover, a new owner contributing fresh ideas, focus and new levels of energy will be ideally placed to take this business to its next level of growth, which will be continual for the foreseeable future.

Market / Competition / Non-Competition Agreements
The business has does very little advertising and has only a standard listing within the traditional business directories. They have however benefited from the most effective form of marketing available, that of word of mouth recommendation, combined with regular repeat business.