Buy an Independent Food Catering Equipment Wholesaler For Sale business for sale in Hampshire on BusinessesForSale.com

  • Advert ID: 547784
  • (Seller ref: CH052)

Independent Food Catering Equipment Wholesaler For Sale


Location:
Category:

Listed by:

Asking price:
£500,000
Sales revenue:
£1,000,000
Net profit:
Available on request
Employees:
The business currently employs five including 1x full time Sales & Marketing manager and 1x full time sales manager and 2 full time sales assistants, 1 part time accountant and 1 part time bought ledger who along with the vendor are responsible for day to day operations.

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This ever growing and successful wholesale business was founded in 1999 by the Vendor with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with a reputation for the quality and variety of its catering products its flexibility of service and reliability.
This trusted business is one of the best known and well respected suppliers of catering equipment and catering accessories in the UK. They provide their comprehensive portfolio of products to customers that include hotels, pubs, health and leisure clubs, care homes, restaurants and catering establishments of all shapes and sizes, and vary in size from local independents to large national chains.
The business is derived from a previous franchise network which has now been reorganized as a mutual buying and bargaining group with access to excellent volume discounts from suppliers. Regional demarcations have been created, meaning exclusive control for this business over the Sussex, Surrey, Hampshire, Berkshire and South Wiltshire trading areas.
The South West of England is currently un-allocated and is considered underexploited and therefore a free territory for trade.


Location:
The business is located in an easily accessible area in Hampshire close to main Motorways trunk roads and urban centres and operates from a circa 2,000 square feet, 2 floor area including warehouse, showroom, facilities, kitchen and administrative offices.
The premises are superbly appointed and represent the professional qualities and service the company has built its reputation upon.

Expansion potential:
The current market for this business’s services is stable and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Competition / Market:
The business has used limited advertising in the past but has engaged in many promotions and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.
Support & training:
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Reasons for selling:
After many happy and successful years of trading the business is for sale as a result of the vendor’s wish to retire.

For more information about this business for sale, click the Contact Seller button.

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