Buy a Superb Wholesale Catering Equipment Business For Sale business for sale in on BusinessesForSale.com

  • Advert ID: 633939
  • (Seller ref: 1592)

Superb Wholesale Catering Equipment Business For Sale


Location:
Category:

Listed by:

Asking price:
£198,500
Sales revenue:
£563,058
Net profit:
Available on request


SUPERB WHOLESALE CATERING EQUIPMENT - WEST YORKSHIRE
Boasts enviable client list providing to major international hotels & restaurants
Small business park West Yorkshire (easily re-locatable)
2007 turnover £563,058pa & highly profitable
Early viewing highly recommended
Genuine retirement sale
Scope for development
Ideal bolt on venture
Reasonably priced
Established 1988
Low overheads
LEASEHOLD


Business History

Meridian Business Sales takes great delight in offering for sale this highly successful concern, which was established from new by our client in 1988 and is now reluctantly being offered to the open market because of pending retirement.

Since opening, the business quickly became one of the country's leading suppliers of cutlery & holloware, both stainless steel & silver plate to the hotel & restaurant trade. Our client has established a lucrative customer base throughout the UK which includes many international hotel groups including notable names such as Hilton Hotels, Marriot Hotels & Shire Hotels to name but a few.

In addition our client also supplies local authority & education establishments as well as a few privately owned businesses. Our client by his own admission runs the business at a pace that suits and relies mainly on repeat business from his current customer base.

We are therefore of the opinion that this concern is now ripe for development and ideal for any purchaser looking to build on an already impressive business and who has the vision & energy to take this business to the next level of success. Alternatively, it may be of interest as a bolt on equation to a company looking to expand within this market sector.


Accommodation

A stone built 2 storey property within a small business park and large shared car park briefly comprising:

GROUND FLOOR
Front entrance door leading to:
Main stockroom part shelved
Loading bay with roller shutter door
Stairs leading to:

FIRST FLOOR
Office (furnished)
2x stockrooms
1x sample room
Kitchen
2x toilets

Product Range
Cutlery, room & lounge service ware, glassware, white porcelain, table service ware, conference & banqueting equipment, breakfast & buffet equipment, bar & wine service equipment, miscellaneous kitchen equipment


Property:
Leasehold
Lease terms:
Leasehold
Original length: 3 months
Rent: £8,000 + VAT per annum
Location:
The business occupies a two storey commercial unit in a secure small business park within easy driving distance of the M62 motorway and all major Yorkshire towns and cities. This location is convenient for our client, however due to the nature of the business, it is completely re-locateable within the UK.

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

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