EY034 -Internet Based Trading Company supplying Catering Equipment, Bar Equipment & Gifts to the Trade and for the Independent Home User
Business for sale
Asking Price:
£85,000
Turnover:
£165,000
Annual profit:
£55,000
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
31
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
This truly established business was set up back in 1979 and has been under the stewardship of the current owners since 1988. It has been developed steadily in line with the market it serves and has taken full advantage of the benefits that the internet offers. The business has two sides to it: namely the supply and distribution of professional catering equipment to the trade, also via the internet to the 'Cookshop' domestic market, plus the sale of professional barware to the trade and for the home. Because of this the business operates two separate well established websites to serve each sector.Catering Equipment-The business distributes catering equipment at wholesale level to “Away from Home” outlets including hotels, restaurants, pubs, armed forces, nursing homes, manufacturers and schools etc. Because it is strongly internet based the business is able to serve customers locally, nationally and internationally and has a truly worldwide captive audience and client base. The business offers a traditional range of, in the main, products to meet the everyday requirements of the professional caterer.. The principle products includes crockery, cutlery, personalised menu covers, candle lamps, table linen, pots and pans, small equipment, knives, utensils, disposables and janitorial products etc.
Bar Equipment- This side of the business is totally internet based and is directed at the domestic purchasing of professional barware and gifts to install in a home, games room or lounge. Its scope of products ranges from bottle openers to British high quality craftsman made modern and traditional cocktail bars. Again this side of the business has a truly wordwide client base . As well as the general public, the site generates sales to pubs and clubs nationwide besides advertising agencies and merchandising houses who are purchasing products for promotional work for their clients. The business is able to provide products with branding and logos if so required. The product range is vast and also includes disposable glasses, plates, glasses, bar towels and refrigerators.
The state of the art websites are included within the sale as are the trading names which are all registered. The company has also recently brought out a new brand name for many of the bar products it supplies such as spirit dispensers thus adding further value to the sales.
