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Business For Sale

Catering Equipment Supply & Installation-£495,000

Northamptonshire, United Kingdom, GB

Food & Beverage: Non-classifiable

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$786,393
$2,065,423
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1989
0
656114382

Business for Sale Overview:

Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. The three Directors of this business, using their 20 years of generic experience, have dynamically driven this business forward since its inception in 1994. The business offers a full range of services in the commercial catering equipment sector, from design in to supply, delivery and installation. The company’s success has brought them acknowledgment in this sector, and this is indicated by their status as distributors for at least eight major name in the commercial equipment sector. This is reinforced by their ability to supply all the products shown in their 562 page catalog which shows an inventory of products which stretches across the entire range of products which may be required in a commercial kitchen situation. The company is a member of the ECA (Electrical Contractors Association) and is Gas Safe (previously CORGI) compliant. By the application of the traditional values of honesty, reliability and good value, the business has built itself a very solid platform to carry it forward in to the future.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The company operates from an industrial unit situated on a development of similar properties. The layout is predominantly showroom and workshops downstairs, with offices upstairs. The freehold is held by a holding company which is owned by the three directors, and could be made available for purchase, if required. By way of this arrangement, the company pays rent to the holding company at an annual level of circa £22,000. However, a new owner would obviously negotiate a new lease at a more suitable level. Rates come in at circa £3,500 per annum with, we believe, no small business relief.

Market Competition and Expansion:

The company advertises in the local Yellow Pages and produces their own product brochures.

Reason for Selling:

the business for sale as part of a strategy which

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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