Business for sale

Business description

Advent Business Sales are pleased to offer to
the market this quality catering company,
which was started by the current owner 12
years ago.
The company provides top end outdoor
catering in the form of buffets, barbecues
and three course meals.
Our client is an approved supplier to the
local council.
Revenue is derived from the following areas:
Private functions
30.22%
Large local employer 17.32%
Weddings
22.52%
Functions and events 13.43%
Funerals
7.09%
Business lunches
5.92%
Conferences
3.49%
Other income
0.02%
The average charge per head varies from £6 -
£20.00
Advertising is restricted to Yellow Pages,
Yell.Com and Google.
Stock is minimal, whilst all staff is casual
and is either from agencies or the local
university, hence keeping overheads low.
The sale price includes an active web site,
the delivery van and the accountancy (Sage)
software package.
The vendor has informed us that if a new
buyer operated the business on 12 months
instead of 9, sales and profitability would
increase proportionately.
This is an ideal starter venture opportunity
for a person with some catering knowledge,
offering a reasonable rate of return.
The vendor is prepared to conduct a
reasonable hand over period.
It must be noted that our client turns away
enquiries on a very regular basis.
REF: 8962HD
TRADING HOURS
This Varies according to orders.
Vendor closes Jan, Feb and March to suit
her holidays every year
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £60,000 approx
Gross Profit: £36,000 approx
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Fully re-locatable
TENURE: Home run business
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.