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Catering Ind Supplies In North Yorkshire For Sale

United Kingdom
Asking Price:
£299,995 Furniture / Fixtures included
Turnover:
£1,300,000
Net Profit:
Available on request

-.-.-.-.-.- Of Approx £116,000
T/O Approx £1.3m P/A From Accounts
20% GP, Handover Period Obtainable
Sales Achieved From 4 and a Half Days Per Week
Exceptional Internet sales – 60% of annual T/O
EPC - F

Fishers Catering Supplies has been established for over 10 years and is one of the North Yorkshire's leading suppliers of catering equipment and tableware to restaurants, cafés, pubs and bars.

Customers range from small bistros and coffee shops to large restaurants, hotels and bars. Fishers supply the catering trade with a large collection of items ranging from crockery, cutlery, glassware, cookware, barware, just about everything for the hospitality trade. An online shop also offers over 2000 lines.

The business has built its ethos around being a one stop shop for customers to fully furnish any commercial kitchen along with dining areas.

Sales are split approximately 60/40 between internet sales and showroom sales respectively.

Sales, order processing and delivery can be maintained with a small team of 4, working well together. The present team would be happy to continue on and will provide continuity to new owners , should this be recognised.

The net result is a business that traded successfully through the worst of the recession and is now seeing sales rise dramatically as the recovery continues. The business is currently running on reduced hours which provides exceptional scope for new owners to increase profits further.

For new owners, this is a tremendous proposition. Profits are already strong, and getting stronger. The Company has a strong brand recognition in the industry, which again, is only getting stronger. Were it not for the 2 principals retiring, then undoubtedly the business's success would continue.

For sale now due to the vendors wish to retire, its future success will now be in the hands of new owners, who will undoubtedly recognise the exciting and rewarding proposition presented. The current owners are willing to offer a handover period after completion if required.

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Property:

Leasehold

Business Operation

Trading hours:

Mon to Thurs - 09:00 to 17:00
Fri - 09:00 to 15:00

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