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Asking Price$284,136
Revenue$649,453 EstablishedUndisclosed
Cash Flow$97,418 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Design and Supply of Catering Equipment

Ref.CH069
Location Tyne & Wear
Asking Price £ 175,000
Turnover forecast circa £400,000
Net Profits forecast circa £60,000
Blue chip client database
On going order book
All plant and equipment
Leasehold industrial unit
Well established (15 yrs)
Skilled and experienced workforce
Option to retain the founder
Excellent growth potential
Goodwill
Business profile:
This is an ideal opportunity to purchase a mature business which was established 15 years ago by the current owner, designing, supplying and fitting catering kitchen equipment to a number of high profile companies in the UK. These include, restaurants, public houses, delicatessans, cafes and catering establishments. They have earned an excellent reputation for a complete turnkey solution to their clients by being able to competitively source and supply from a first class supply chain.

The company operates its business from a small rented industrial unit which serves as their showroom, office and workshop. A secondary space is leased and used for storage purposes.

The business is profitable and easy to run with simple business principles of providing a quality product, fitted by experts at a competitive price.
Facilities:The business runs from a small industrial unit in Tyne and Wear, which is circa 2,200 sq. ft. The unit comprises of a showroom, workshop and office. There is parking available outside and the unit is in close proximity to the motorway network. Rent is circa £760 per month with annual rates of circa £2,970. The lease is short term on a month by month basis.
Growth Potential:This is an all year round business with very little seasonal changes. There remains scope for a new owner with fresh energy and ideas to increase sales and bring in further turnover and profits. There is on average a three monthly order book in place, but this could be increased with further staff employed. They have been trading consistently over the past twelve years and the current owner has maintained the business at a level that is comfortably manageable to him based on the current infrastructure. The company are currently updating their web-site, and there is no other major marketing or advertising budget. They obtain the majority their business from their regular customers and by word of mouth recommendation. A small amount of investment in a sales drive would immediately reap rewards with the high quality and service which is provided.
Training/Support:The owner would be happy to help out with a smooth transition of the business and help in anyway possible
Sale Reason:The owner believes that it would be a perfect time for someone to invest in the business
Ad #53115
Seller Reference #CH069
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Contact This Seller
Turner Butler
0044 1895256000
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