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Fri, Sep 20 2019 07:10:49 AM  |  /

New & Reconditioned Commercial Catering Equipment Supplier Substantial Service & Repair

Business Id:000301     |    Reference: CH016
Price:
£500,000.00
Business Description

New & Reconditioned 
Commercial Catering Equipment Supplier
Substantial Service & Repair Contracted Income 
Ref. no CH016
Confidentially offered for sale
Asking Price: Circa £500,000
Location: East Coast of Scotland

 

The business also offers maintenance contracts to its wide range of clients, including some large blue chip companies. Maintenance and installation teams are fully conversant with equipment from all leading catering manufacturers, and are qualified to advise on such matters as health and safety and current legislative requirements.

With extensive catering knowledge the reliable, skilled and experienced work force make every effort to satisfy the customer requirements, offering prompt delivery with a personal and friendly service.

The business has developed a wide reputation for a prompt, reliable and efficient service.

The firm has earned and maintained an impressive base of satisfied repeat account clients maintaining excellent relationships with a large portfolio of satisfied customers from local government, The Police Service, Schools, Hospitals and the commercial sector.

This company enthusiastically offers a high level of customer service. It develops and presents all its catering services with the utmost attention to detail, offering a high quality of service, guaranteeing standards and after sales customer care. This business has expertise, highly skilled personnel and reliability.

Key Opportunities:

With a strong demand for services and capacity to double turnover, a new owner would contribute fresh ideas and outside influence to build on an excellent base.

Business sales have increased annually with a minimum amount of publicity and advertising. Built on a strong and established reputation with a number of suppliers, this business are able to offer a range of top quality products to satisfy customers` requirements at competitive prices.

The company has earned an outstanding reputation for its customer service and professionalism, vast product knowledge, and qualified service engineers. Service contracts are increasing with the sales spin offs, efficient job completions, and excellent quality of work.

The business has grown, forging a reputation for itself by providing a quality service. As a result of this excellent track record the business has secured contracts with many major companies, offering plenty of opportunity for further expansion.

Financial profile:

The business is financially stable with positive cash flow, no debtors, enjoys a Strong Order Book, high gross and high net profit and has shown consistent strong growth in profits.

Highly profitable the company is for sale on a goodwill basis to include work in progress, stocks and fixed assets.

Yellow pages, local press, trade awareness leaflets and brochures, telesales and the finest form of marketing, word of mouth recommendation are used to advertise and market this business. In addition, the business has sign-written vans that help to expose the business brand name to the surrounding area.

The company does not have a web presence and there is no doubt that turnover and profits could increase using this additional medium.

The premises are located in a thriving city in East Scotland and comprise of an extensive facility that is fully equipped and provides well-suited space for this business, with good frontage and excellent signage.

The company currently has a staff compliment of nine, and provides a friendly working environment for its employees, striving to develop their individual strengths.

The owner will provide full business familiarisation, training and handover.

The three directors of the company have now reached between the ages of fifty and sixty years old respectively, and are now ready to retire following the successful handover of the business.

 

Business Information
Turnover:£850,000.00 Annually
Is this business relocatable: No
Business Sector: Catering Companies, Catering equipment & restaurant supply shops
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