CH055-High Quality Independent Catering Provider
Business for sale
Asking Price:
£675,000
Turnover:
£1,220,000
Annual profit:
£244,900
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
35
Employees:
No
Photos:
No
Ownership:
Other
Business description
Established approximately 35 years ago, this business offers a comprehensive range of catering food services for both the domestic and commercial sector. For one-off private social events – weddings and parties - right through to full on corporate events such as lunches for business meetings this business has long been the resource of first choice amongst its longstanding, loyal and high profile customer base.Focusing mainly on Clients based in the West End and City of London this business operates from very well suited premises in South London and has built its reputation by offering very high standards of service and good quality food – all at very competitive prices. Its range includes the straightforward buffet delivery service of sandwiches for example, right through to the provision of several course menus which can include dishes for re-heating on site. This business also operates a staff restaurant on behalf of at least one Client providing approximately 400 meals per day as well as operating as a tied caterer for several prestigious venues. Its Clients include a number of major Institutes for which it provides formal lunches and dinners for high volumes of people, five days per week. Several Clients have worked with this for many years. This business rarely loses a Client and when it does – it is usually only because they’ve gone out of business or decided to introduce in-house catering.
