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Well Known Name in Area
To Be Relocated
All Events Catered For
Food for Home Delivery
VW Golf Caddy Van Included
Strong Profit Margin
Vintage China for Hire
All Kitchen & Service Equip Included
Call for Further Details
We are pleased to present an exciting opportunity to acquire a well known and well regarded outside catering business currently based and operating predominantly in South Suffolk but whose excellent reputation has spread further afield.
An ideal owner operator venture for someone with a passion and flair for producing high quality food and confectionery who wishes to hit the ground running by taking on this long established and profitable business.
The business itself
The current owner set up the business over 10 years ago and has worked hard since to grow and develop it whilst ensuring that the 1st class name that it has built up continues to be maintained.
The latest accounts show a healthy turnover in excess of £100k with a very strong net profit margin in the region of 50%. This type of business benefits from low overheads meaning that the level of risk to the business in uncertain times is equally low.
Whilst 2020 has been a challenge, as it has for everyone, the business has been proactive in finding new avenue streams such as their 'Afternoon Tea at Home' offering and providing home made dinners delivered to your door. The owner has therefore been able to continue to make money even in these most difficult times.
2021 is already looking to be a very busy year with many of the events from this year postponed to next and so a new owner will have the opportunity to benefit from this with an expected good level of turnover already in the forward order book.
The business provides catering services for all types of occasions and events such as weddings, funerals, christenings, corporate lunches and dinners as wells as cakes for birthdays and similar occasions. They are also known for their range of delightful vintage china which can be hired separately as well as part of a catered event.
Assets & accommodation
The business will be sold with the benefit of a full range of catering equipment both for food preparation and the service thereof.Whilst a new owner will need to relocate the kitchen to a new premises of their choosing all items that are needed to fully operate the business will be included in the sale. This includes freezers, ovens, slow cookers, cooking utensils, crockery, cutlery, glasses, cake stands and the set of vintage china. Finally in addition the sale will include a VW Golf Caddy van.
All in all everything that you would need from day one to continue to successfully run this highly thought of catering business.
Not applicable - The business operates on an 'as and when' basis given the nature of it.
Not applicable - There is no property included in the sale either on a freehold or leasehold basis. The purchaser will be required to relocate the business operations to a location of their choice.
Not applicable - The vendor advises that they are currently required to pay any business rates.
This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
Finance may be available to suitable purchasers.
Business to sell?
Let us know as soon as possible! Just ask for a free no obligation valuation and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.
We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on, other portals and our own website, make your business stand out from the crowd - call us today!
Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a FREE no obligation marketing appraisal of your business.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
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