Established Central London Corporate Caterer with Diverse Client Base for Sale
Undisclosed, London
- Status
FOR SALE
- Date Submitted:
23/02/24
- Advert ID
607246
- Reference
S1687 / Rightbiz
- Call Agent:
- Leasehold: Price on Application
- Turnover: £800,000 (£15,385 Per week)
- Net Profit: £146,000 (19% Profit margin)
Key Features
- Established Business
- Company for Sale
- Offers Invited
- Accounts Available
- Attractive Business
Business Details
A Multi Faceted External Corporate Caterer in Central London For Sale
The company benefits from a broad range of corporate clients and individuals that contribute to a well-rounded model. The company has been trading for almost 35 years and holds a significant share of the events and corporate catering market within the M25. There is currently a robust client base in place across specific trading divisions that target specific niches within: events, funerals, office deliveries and plant based. The business, brand a reputation have grown organically since inception and remain in the hands of the founders, who has successfully developed a highly competent team of staff. We are advised that there are competent management teams in place that can work with autonomy. Whilst the broad share of the client base is located in central London, the kitchen operation is based in south London which benefits the overhead model and logistic operations within he group. A clear USP within the acquisition offering is the complimenting aspects of each division to eradicate lumpiness in the revenue stream, there is consistency within new client wins due to the provision of an all year-round service.
Most of the revenue is presented by longstanding clients, with many accounts having a five-figure yearly spend. Due to the repetitive booking flow with the Company, there is clear long term trade visibility. Financially, the business generates clear net profit margins and has seen significant recent acceleration on the return to normal trading conditions with the catering sector.
Key Highlights:
- Four complimenting trading divisions with individual branding.
- Flexible team of staff that can work with autonomy.
- Ready to run with fitted commercial kitchen.
- Significant growth potential through expanding the trading radius.
- One of the best reputations In London.
- Retirement sale.
We believe this is one of the best catering opportunities available in London and would highly recommend an early inspection. Our client would be willing to offer a handover period and there is an exciting level of future bookings from retained clients across a number of markets.
Offers invited.
Contact Agent
Listing Statistics
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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.
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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.'.
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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.
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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.
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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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