Catering Supplier, Services and Manufacturer

The Opportunity:
*Service Excellence: In addition to manufacturing, the business provides installation, maintenance, and repair services, ensuring long-term client satisfaction and fostering strong customer relationships.

*Prime Location: Situated in a strategic location with excellent transport links, the business benefits from easy access to key markets and suppliers.

*Diverse Product Range: The business specializes in manufacturing and supplying a comprehensive range of catering equipment, from kitchen appliances to serving solutions, all designed to meet the highest industry standards.

Reason for Sale:
After 42 successful years in the industry , the owner is looking to retire and pass on this thriving enterprise to a new owner who can continue its legacy and capitalize on future opportunities.

Stock at Valuation and fixtures and fittings:
All fixtures and fittings are to be included in the sale price along with the whole stock inventory.

Turnover:
The three main streams of revenue are: call outs, services and sales.
A breakdown can be provided upon request.

We are in receipt of the 2023 accounts which show a turnover of £769,336 and gross profit of £256,978.

Rent:
*The rent per annum is £41,400 and includes three units or £1,150 per calendar month for each unit.

Tenure:
*The site is available through the assignment of the existing lease until 2027 and is renewable.

Internal:
The business operates from a modern, well-maintained facility that includes manufacturing space, offices, and storage areas.

External:
Each unit comes with four designated car parking spaces. In total, there are 12 secure, gated parking spaces at the rear, reserved for the business owner and customers.

Staffing:
The business is supported by a dedicated team of skilled employees, including managers, technicians, and customer service personnel, all of whom are committed to maintaining the high standards of service.

The current staffing schedule includes: Two engineers, one of which includes the owner, and three part time sales executives and one full time Welder.

Financial Information:
Detailed financial information, including accounts and forecasts, will be made available to serious buyers upon signing a non-disclosure agreement.

Rates:
Enjoy the benefit of zero rates payable, enhancing the appeal of this opportunity.