Established Nottingham Catering Equipment Hire Business for Sale - Great Reputation & Growth Potential
Nottingham, Nottinghamshire
- Status
FOR SALE
- Date Submitted:
28/03/23
- Advert ID
510811
- Reference
B07272 / Rightbiz
- Call Agent:
- Leasehold: £149,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Well established catering equipment hire business for sale
BusinessPlease quote reference B07272
CoGoGo are delighted to welcome to the market Blue Crest Catering Hire Limited, a highly rated catering equipment hire business in Nottingham.
The business was first established in 1979, and has been under clients ownership since 2002. The business has proven to be extremely popular within the local area, building up an excellent reputation and regular customer base.
Blue Crest Catering Hire Limited has now come to the open market due to our clients wish to retire.
Blue Crest Catering Equipment Hire are a Midlands based company supplying great value table and chair hire to customers. They are one of the leading event furniture hire services in the area, with a massive range of stock to suit any kind of event and compatible with any theme or décor. In addition to event furniture hire services, they also have tableware including crockery, glasses, table linens and cutlery. They also have catering equipment from refrigeration to heat lamps, BBQ’s and hog roast spits.
The business has a split of 70% corporate and 30% private. The business also offers a delivery and collection service, and also a cleaning service of the products (at an additional cost).
Key selling points -
- Well established
- Word of mouth recommendations
- Family ran business
- Outstanding reputation
- Increase catchment area
- Increase marketing
Location
Blue Crest Catering Hire Limited is located in Newstead, Nottinghamshire.
The business trades around Nottingham/East Midlands.
Premises
Occupies an industrial unit.
Basement room -
- Used for storage
- Storage warehouse
- Industrial racking
- Washing area
Tenure
We are advised that the business is being sold on a Leasehold basis. As our client owns the freehold, lease and rent terms are to be negotiated.
Hours
The current trading hours are -
Monday – 9:00am – 5:00pm
Tuesday – 9:00am – 5:00pm
Wednesday – 9:00am – 5:00pm
Thursday – 9:00am – 5:00pm
Friday – 9:00am – 5:00pm
Saturday – Closed
Sunday - Closed
Staff
We are advised that the business is run and managed by our client, with the help of his wife.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £102,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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