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Leasehold, Catering Business Located In Nottinghamshire For Sale

Nottingham, Nottinghamshire, UK
Asking Price:
£99,995 Furniture / Fixtures included
Turnover:
£650,000
Net Profit:
Undisclosed

High Value Assets Including a Fleet of 7 Vehicles. Huge Potential for Further Expansion. High Turnover.

Veritas Business Sales are pleased to offer for sale a long established catering production and delivery business operating within the East Midlands. The business has traded successfully for many years and is now being offered for sale as the owner wishes to focus on other commercial interests.
The company operates from a well equipped production facility and benefits from a fully fitted operational setup including delivery vehicles and catering equipment, all of which are included within the sale. This allows a purchaser to continue trading immediately without significant additional capital investment.
The business is run by an experienced team with the owner overseeing the operation at management level. It generates consistent weekly revenues in the region of £10,000 to £15,000 net of VAT and maintains a strong base of repeat commercial customers. Detailed financial information will be made available to qualified parties following a signed confidentiality agreement.
The company specialises in the preparation and delivery of fresh food products to workplaces and organisations, together with additional catering services for corporate and private functions.
There is clear scope for growth through increased delivery coverage, additional rounds and further development of event and contract catering.
This represents an opportunity to acquire an established, systemised operation with reliable repeat trade and tangible assets included. As such, an early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Original Term: 5 Years
Lease Ending: August 2030
Rent: £12,000 pa
Business Rates: TBC

Location:

The business is situated in north Nottinghamshire. Well positioned for both local trade and wider distribution.

Premises Details:

Ground Floor
Lobby with walk in freezer including shelving (landlord’s property), Ricoh photocopy / print / fax machine, water dispenser and fire extinguishers.
Office comprising: floor safe: Dudley combination lock heavy floor safe, floor safe, Dudley twin lock key & combination safe, 2 x small digital safes, PC’s and screens combined, CCTV system with 8 cameras and monitor (landlord’s property), coin counter machine, 2 x printers, 3 x office chairs, cordless & corded telephones, filing cabinets, general office equipment and LG air con unit (landlord’s property).
Production area comprising: assorted storage units, workstation, handwash sink, wall mounted paper towel dispenser unit, label stations (stand alone pc and printer), 3 x l-bar sealer machines,
veg prep equipment (cutters, slicers spinners and veg washers), 2 x air con units (landlord’s property), undercounter fridge, La Cimbali bean to cup coffee machine, Insectocutor fly control units and various utensils used in production.
Kitchen 1 area comprising: of Blue Seal 1.2 metre chrome top griddle, stainless extraction system (landlord’s property), 2.1 metre stainless steel hot holding cabinet, round up electric egg cooker station, deep fat fryer, stainless still table, Insectocutor fly control units, and various utensils used in production.
Kitchen area 2 comprising: assorted storage units, wall mounted paper towel dispenser, commercial stainless steel double sink, 3 x Mono bake-off ovens with set temperature & timer, commercial microwave. 2 x panini grills, vac-pac machine, 3 x stainless steel tables, Smeg commercial 4 burner gas cooker & electric oven, various meat slicers (not used), pans, trays, various utensils, Insectocutor fly control units, multi layered mobile shelving for storing pies & pastries, walk in chiller including ss shelving and trollies (landlord’s property).
Catering Vans - 7
Ambient stock room with shelving to hold various stock of confectionary, crisps and soft drinks, trollies and baskets and small digital safe.
Staff toilets with separate male & female toilets with hand wash basin and wall mounted paper towel dispenser.
Fire exit leading to the rear yard.

External
Secured vehicle yard area for up to 8 catering vans.
Commercial waste bins area.
The property benefits from CCTV, air conditioning & heat throughout.

Energy Performance Rating:
D

Business Operation

Management type:
This business is owner operated.
Trading hours:

Office Hours:
Monday – Friday – 05:30 –13:30
Saturday & Sunday – closed

Employees:
6 full time & 2 part time
Years established:
27 years

Other Information

Inventory / Stock value:
£5,000