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Business For Sale

CATERING INDUSTRY

Attn: Andrew Hudson
Lancashire, United Kingdom, GB
Listing Number: "AF085"
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Asking Price: $95,000 GBP United Kingdom Pounds
Business for Sale Industry: Food & Beverage: Non-classifiable  
Reason for Selling: The vendor is planning to move abroad.
Yearly Revenues: $150,000
 

Business for Sale Overview:

Originally founded back in 2000, this business provides a wide range of frozen food products, dry goods and cleaning and janitorial products to the catering industry. It has more recently expanded its operation into the lucrative “Meals on Wheels” market supplying the large and expanding elderly population that resides locally. In this time the company has established itself as a reputable and reliable supplier of good quality branded products to the catering industry at competitive prices. The business has a good mix of clients ranging from Hotels, Cafes, Nurseries, Restaurants, Nursing Homes as well as some public sector clients including the local council and Age Concern. It has circa 40 regular customers but this could easily be expanded should a new owner so require.


Property Features and Assets:

The premises are leasehold. The current lease is for 6 years. Annual rent is circa £800 per month. Rates are circa £2,600 per annum. The business is located on a high profile light industrial estate. Ground floor comprises walk in freezer, dry goods stores, kitchen and toilet. The office is based on the first floor mezzanine. The unit is modern, highly secure and has 3 parking spaces. All services connected. Total square footage is circa 1,500 square feet.


Market Competition and Expansion:

The business has a listing within the traditional business directories and occasionally does mail drops to the local market. It does enjoy referrals such is its reputation in the industry.


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