Substantial Catering and Sandwich Delivery Company For Sale

Business description

BACK ON THE MARKET DUE TO TIMEWASTERS.

The company provides an extensive range of catering and sandwich delivery services to both the public and corporate companies across the South West region.
There are currently 6 sandwich rounds operated delivering daily to a customer base of several hundred throughout Gloucestershire though this could easily be increased because the premises have spare space to increase manufacturing capacity as required.
The company has recently started to win new business contracts with local blue-chip companies for the provision of our catering and buffet services.
Our key products are generally highly regarded in the market place and it would be fair to say we are one of the market leaders within our indusrty in the Gloucestershire area.

Property information

Property:

Leasehold

Lease terms:

The premises are currently leased on a relatively new 9 year FRI lease at a reasonable £10,400 p.a with a rent review not due until the year 2012. A break clause is also in place and can be activated at that time.

Location:

Brand new state of the art premises spread over two floors with newly constructed office located on the rapidly expanding Waterwells Business Park in Quedgeley. The premises extend to approximately 160sqm of floor area.

Other information

Expansion potential:

There are further markets which the company has not exploited so far, so the opportunities presented for expansion are almost endless. We are receiving enquiries daily via our new website, e-mail and telephone for the provision of our new buffet catering services. Requests range from weddings and christenings to large corporate events, such as conferences and office openings. This area of company activity has only recently been introduced and with a concerted effort can significantly increase turnover and profits.
Currently no weekend work is undertaken, despite a growing demand.

Support & training:

Due to the increasing and substantial nature of company activities, a 1 month handover would be given to familiarize the purchaser with every aspect of the business

Reasons for selling:

The company is unexpectedly on the market due to personal reasons, which can be discussed further with serious applicants.

Trading hours:

8am - 3pm (Mon - Fri )