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Business for sale in United Kingdom - Ch098-new and used catering equipment and furnishings dealer-cambridgeshire

Asking Price: 110,000 £ Real Estate: Lease
Sales Revenue: 200,000 £
Net Profit: 1 £
Year Established: 1994
Employees: 1FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Cambridgeshire/Cambridgeshire
Relocatable

Business types:

Accommodation & Food services

Business categories:

Catering Services

Business description

turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. This offering is one for the true entrepreneurs associated with the catering and licensed trades. This company was established back in 1994 by its principal, utilizing the skills and contacts he had developed over previous years of generic experience in the pub and catering sectors. His dynamism and drive over the years have built the business to today’s position, where the company’s long standing reputation for both the purchase and sale of virtually all things to do with the catering and licensed trades, have created a largely unchallenged niche in this lucrative sector. The company offers new, used and re-conditioned products from its large stockholding, which covers a wide range of products including:- • commercial catering equipment (ovens, range cookers, microwaves, fridges etc.) • commercial kitchen furniture • pub/bar fittings (furniture, bric-a-brac, pictures, light fittings etc.) unusually in these challenging times, this business is managing to grow, even though it operates in a sector which has been more affected than many others. Through elevated opportunities to buy, along with increased levels of requirement for good quality used equipment and the attendant savings, the business continues to thrive, whilst offering strong direct ownership benefits. The business is housed in two large warehouse type buildings, set in a rural position in the lovely county of cambridgeshire. Total area across the two buildings is believed to be circa 16,000 square feet. Although direct overheads are kept to a minimum by the employment of trusted sub contract trades and labour where necessary, the business employs an excellent and well experienced manager, who would be interested in further pursuing his career under a new owner, if required. This business, as already mentioned will naturally appeal to investors and entrepreneurs already operating in this sector. However, a wider platform of appeal may prove to be existent, due to the wide range of activities and sectors using products which are bought and sold by this company. We therefore recommend early inspection of this highly attractive opportunity. Equipment: the company owns and maintains an inventory of equipment, machinery plus fixtures and fittings, used in the daily smooth operation of the companys business. All such inventory is expected to be included in a successful sales package. Customer service: being able to service the requirements of its buyers, both from stock and from forward ordering, has helped the business to develop an excellent reputation in its sector. Add to this a strong contact base for purchasing and the new owner will be able to operate smoothly in a relatively short space of time.

Additional information

Additional information: Not Disclosed
Support & training: Full support and any necessary training will be provided during handover as part of a successful sale package.
Reasons for selling: The owner now wishes to take up a slower pace of life.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The informal rental arrangement is believed to cost circa £16,800 plus VAT for both units and has a flexible tenure arrangement.
Location: As mentioned briefly above, the company rents on an informal basis, two warehouse units positioned in a rural setting. One is believed to size up to approximately 12,000 square feet (including a mezzanine floor), with the other coming in at circa 4,000 square feet. The informal rental arrangement is believed to cost circa £16,800 plus VAT for both units and has a flexible tenure arrangement.

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