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Bespoke Catering Provider For Corporate, Private, Special Events For Sale

UK
Asking Price:
Undisclosed
Turnover:
£1M - £5M
Net Profit:
Undisclosed

The business specialises in providing high-quality outside catering services on any scale, partnering with a number of prestigious venues across the North West.
The business is ideally placed to facilitate further expansion due to its strong brand reputation and its plethora of contracted agreements with a number of notable organisations. The company operates on a regional basis, providing its services to private clients and organisations across a range of both private and public sectors, such as financial, investment, pharmaceutical, education, local Government, and media. The company is now being offered for sale to facilitate our clients’ retirement plans. Our clients are open to all types of structured offers, subject to negotiation. Offers invited. Turnover in excess of £1 million, with an adjusted EBITDA of circa £172k in YE23. Average gross profit margin of 62% over the past five years. Operating within a stable market which is set to expand at a CAGR of 3.3% through to 2028. 80% of overall income generated through contracted and on-going agreements with large organisations. 80% of active clients provide repeat business and reliable streams of revenue. Operates from freehold premises with a market value in excess of £450k.

Property Information

Property:

Freehold