Situated in Northern England
Overview
Offered for sale is a service provider of all commercial catering and refrigeration equipment across the north of England and other regions across the UK.
The company also supplies all major brands of catering equipment.
The business’s prompt and efficient service, and stock availability, has enabled it to develop relationships with a multitude of clients across numerous sectors, many of which continue to return to the company for its high-quality offering.
Our clients are now offering the business for sale to facilitate their retirement plans.
Offers invited.
Key Highlights
- Signed fresh four-year contracts with providers in different industries.
- Offers subcontracting work to organisations and individuals outside of the north of England.
- Has had 300 renewed clients in the last year, and has circa 1,000 total clients, 95% of which provide ongoing streams of reliable revenue.
- CHAS and Constructionline accredited.
Offered as a fully relocatable opportunity.
Financial Highlights
- YE23 turnover in excess of £1.2m.
- Adjusted EBITDA of circa £297k achieved within the same year.
- Has recently signed a contract to provide another four years of service for 350 premises in the area, which will generate £100k per annum.
- A second contract has been signed with the same council to provide catering maintenance throughout the year, creating another £150k per year.
