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Multi-faceted External/corporate Caterer In Central London For Sale

London, UK
Asking Price:
On request
Turnover:
£800,000
Net Profit:
£146,000

The company benefits from a broad range of corporate clients and individuals that contribute to a well-rounded model. The company has been trading for almost 35 years and holds a significant share of the events and corporate catering market within the M25. There is currently a robust client base in place across specific trading divisions that target specific niches within: events, funerals, office deliveries and plant based.

The business, brand a reputation have grown organically since inception and remain in the hands of the founders, who has successfully developed a highly competent team of staff. We are advised that there are competent management teams in place that can work with autonomy. Whilst the broad share of the client base is located in central London, the kitchen operation is based in south London which benefits the overhead model and logistic operations within he group. A clear USP within the acquisition offering is the complimenting aspects of each division to eradicate lumpiness in the revenue stream, there is consistency within new client wins due to the provision of an all year-round service.

Most of the revenue is presented by longstanding clients, with many accounts having a five-figure yearly spend. Due to the repetitive booking flow with the Company, there is clear long term trade visibility. Financially, the business generates clear net profit margins and has seen significant recent acceleration on the return to normal trading conditions with the catering sector.

Key Highlights:

• Four complimenting trading divisions with individual branding.
• Flexible team of staff that can work with autonomy.
• Ready to run with fitted commercial kitchen.
• Significant growth potential through expanding the trading radius.
• One of the best reputations In London.
• Retirement sale.

We believe this is one of the best catering opportunities available in London and would highly recommend an early inspection. Our client would be willing to offer a handover period and there is an exciting level of future bookings from retained clients across a number of markets.

Offers invited.

Property Information

Property:

Leasehold