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Well Established Profitable East Sussex Event Catering Company For Sale

East Sussex, UK
Freehold Price:
£470,000
Leasehold Price:
£270,000
Turnover:
£394,000
Net Profit:
£100,000

Here is an excellent opportunity to acquire a well-established, highly regarded, extremely profitable East Sussex based event catering company with reliable and loyal staff.

The business specialises in weddings and large events, catering for up to 200 covers. In addition to this, the company have built up a regular corporate client base, providing a consistent income.

With a more active marketing approach, there is substantial opportunity for growth across all of the revenue streams. The current owners are turning down numerous bookings due to their wish to adhere to a specific geographical location.

The company operates from premises owned by the sellers so the business can be acquired on either a leasehold or freehold basis.

The business comes with a substantial inventory of equipment.

This represents an excellent turnkey operation and would suit either an existing catering company or a chef, or couple, looking to branch out on their own.

There will be a reasonable handover period

The reason for the sale is due to retirement

The sale is on a cash free/debt free basis

Property Information

Property:

Available as freehold and leasehold

Other Information

Leasehold asking price:
£270,000