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Newly Established Events & Catering Business For Sale

London, UK
Asking Price:
£84,995
Turnover:
£65,137
Net Profit:
Available on request

Business
Please quote reference B06019

Hilton Smythe are privileged to offer to the market a very exciting Events & Catering business with a full diary of new events booked for 2021.

The vibrant busines was first established by our client in 2018 who is now reluctantly selling due to pressures of his other business interests.

The business mainly advertises on Pop Top, Facebook, Instagram and Google, with a majority of the work coming from word of mouth or recommendations.

The growing business opportunity currently offers the following services –

KD Events – a full mobile bar service for all sizes and types of events which can include an unlimited drinks package, choice of draught beer/ciders, cocktails, spirits, mixers, soft drinks, champagne & prosecco. The package will also include 2 x members of trained staff (1 mixologist & 1 x bartender).
KD Kitchen – a cold buffet option for particular budgets for 30 to 1000 guests
KD BBQ Selection – top quality burgers, hotdogs, chicken & kebabs used and cooked by experienced and dedicated team
Dry Bar Hire – full equipped 4 metre long dry bar which includes all cocktail making equipment, glasses and if required a trained bartender.
Event canapes – quirky and fun choice of canapes for corporate or party events with a theme. These are restaurant quality canapes for events of any scale or budget.
Giant Hat Tipi Tents – choice of tents/sizes and made of strong tan canvas fabric with a rustic interior. Added extras include hay bales, luxury woven carpet, tables & chairs, fire pits, lighting, fully equipped bar, dance area, games area.

The large tents can seat 70 guests and for larger groups or themed events, the tents can be joined together and seat up to 120 guests.

KD BBQ & Hog Roast – in addition to the BBQ option, a full hog roast with choice of stuffing’s is available for 15 to 1000 guests.
Gourmet Buffets – available for 30 – 1000 guests with an extended menu choice which comes with tablecloths, biodegradable cutlery, plates & napkins.
KD Cocktail Bar – excellent choice of new and traditional cocktails with a choice of different packages as well as experienced mixologist included. They also have a Mobile draught chiller and beer pump

There are 4 options for this service –

Pre-paid
Cash bar
Unlimited bar
Dry bar only

The above options are available for all size of events from high-end private events and corporate parties to weddings and more! The experience is clear to see in all parts of the business.

We are informed majority of the available dates are now booked for the remaining part of 2021.

There will also be a full business handover to ensure the smooth transition of all events to any new buyer.

Key Selling Points –

Easily transferrable business
Excellent reputation in place
Choice of event sizes
Future bookings in place
Fully equipped
Opportunity to grow
Handover period offered

Location
Koulsdown Ltd (Poptop) is currently based at our client’s home in Essex and covers some of the South-easts most desirable locations including parts of London.

Any new owner to the business could keep the current areas covered or expand in surrounding areas to help the business further grow.

Premises
N/A

The following is also included in the sale (Approximately £40,000 assets included)

1 Stratus 72 tipi tent with carpet, 13m x 13 once fully open seats 80, stands 120, fairy lights & festoon lights with sheperd hooks, 4x4m wooden dancefloor = £10k
1 Mitsubishi (animaltruck) and customised trailer for tipi tent = £10k
White & Gold leaf mobile bar + traditional wood bar with customised add on tiki bar with roof, 12 speed rail optics, easy drain away ice sinks, + 2 smaller bars for cocktails and small event, all come with 3 150 ltr commercial fridges and champagne fridge, glassware, cocktail equipment, full accesories & commercial blender, led bar light with 40 functions and modes. = £15k
2 x party tents 4m x 8m = £500
12 round tables + 12 trestle tables with 1oo backed chairs, chair covers and white table cloths
4 x Barrells used for high indoor/outdoor drinks tables with 16 barstools
2 x Outdoor heaters
4 x Outdoor picnic tables
1 Large BBQ
Music ampifiers and speakers
KD Events website = £2k

Tenure
We are advised that the business is being sold on a Business Only basis.

Hours
The business is operating 24/7

Staff
We are advised that the business is owner ran and managed.

Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £65,000, with an adjusted net profit in the region of £30,000. Full financials can be made available upon further request.

Please quote reference B06019

Other Information

Relocatable:
This business can be relocated.

Contact Hilton Smythe

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