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Fri, Sep 20 2019 07:09:28 AM  |  /

High End Catering Company. Targeted at Weddings, Corporate Events and Private Parties

Business Id:000293     |    Reference: AO065
Leasehold Price:
£139,950.00
Business Description

High End Catering Company. 
Targeted at Weddings, Corporate Events and Private Parties
Ref. AO065
Location : Northern Ireland/ Relocatable
Asking Price : £139,950

 

The employees are the business most valuable asset. The staff are dedicated to ensure complete customer satisfaction.At present, the business enjoys 75% of their business from catering for weddings. Offering both original and classic dishes, the company provides food which can accommodate to any event. The business is known for its high-quality dishes which are both tasteful and attractive.

The menu is completely original as the vendors have teamed together to create a platter of dishes which are appealing to both the taste buds and the eyes.

This opportunity would be attractive to anyone with previous hospitality or catering experience. There is great potential growth if taken on by a new, enthusiastic and passionate owner. Due to the high demand in private catering over the recent years, this business is one which is expected to grow significantly.

Clients:

Customer Service:

The staff are a credit to the business, their hard-working and sociable attitude has resulted in the business enjoying high levels of repeat business over the years.

The market outlook for the business is superb. The vendors have dedicated themselves to ensuring the business maintains its excellent reputation for customer service and quality products.

At present the business has over £250,000 worth of confirmed bookings over the next 12 months and this figure is steadily growing as more bookings are being taken on a weekly basis.

The business is relocatable to an area which would attract more clientele.

Financial Information:

Gross Profit £120,484
Net asset value £4,279 assuming no cash, no debt

Asking Price:

Advertising and Marketing:

Premises:

Business Hours:

Office hours

Any time, for any day

There are currently 3 full-time staff and 60-70 part-time staff. The vendors spend 2 days a week at the office.

Depending on experience, the owners are happy to provide business familiarisation, training and handover as required, to ensure a smooth transfer of the business to new owners. The length of time can be negotiated at the time of sale.

The vendors are keen to focus of their other business.

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

 

Business Information
Turnover:£421,132.00 Annually
Property Status:   Leasehold
Is this business relocatable: Yes
Business Sector: Catering equipment & restaurant supply shops, Events Businesses, Wedding Services
Statistic Information
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