Business for Sale Overview:
This highly successful and growing business was established by its directors in 1981 as an outside catering business, providing buffets for weddings and conferences. This still plays an important part in its revenue stream and it now caters for events with up to one thousand covers providing not only the food but also the china, linen, cutlery and glassware as required. It has a number of high profile clients and is the main caterer for one of the largest showgrounds in the county. Other educational institutions have enlisted the company as sole provider for its lunchtime catering. In the majority of situations food is prepared and cooked on site but when sites or venues do not lend themselves to food production the meals are cooked off site and shipped hot boxed and ready for serving.
Having established itself the business diversified into the pastie market. This has been extremely successful and it now wholesales a variety of pasties, pies sausage rolls tapas and canapes to a customer base across the county and beyond. All wholesale products are ordered by the pallet load and can be delivered chilled or frozen depending on the customers requirements. The wide product range is manufactured using local ingredients wherever possible and is aimed at the top end of the quality market.
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:
One leasehold unit containing a retail outlet selling sandwiches, pies, cakes and baguettes. The lease has a further ten years to run with an annual rental of £5,800 per annum. The second unit is freehold and is valued at circa £150,000. There is an additional plot also available that would facilitate any further expansion The unit could be purchased or leased at a figure to be agreed as part of the purchase negotiations.
Market Competition and Expansion:
The business has a comprehensive website and advertises in a regional food magazine, local press and in farm shops across the region.
Reason for Selling:
pass it on to a new generation
Additional Details:
- The property is owned.
- 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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