Popular Catering Business In Worcestershire For Sale

Business description

POPULAR CATERING BUSINESS - WORCESTERSHIRE
Advised annual turnover of £802,161 with 51% GP
£100,000 worth of vans & equipment included
Caters to over 10,000 clients a week
Run throughout Worcestershire
Scope for further development
Scope for Saturdays/events
Genuine reason for sale
LEASEHOLD

Business History

Meridian Business Sales are delighted to be able to offer for sale this quality catering business located in the popular village of Elmley Lovett in Worcestershire. The catering business has been in the careful hands of our clients for the last 10 years who only now wish to sell due to their desire to take well deserved semi-retirement. The business currently has an annual turnover of £802,161 with a gross profit of 51% however our clients have informed us that there is scope for growth. The business has a quality reputation within the area due to the high standard of food and service they provide and as such the business enjoys lots of repeat bookings and recommendations, this is a non seasonal business. The business operates out of a modern industrial unit that has been fitted out to a high standard with all of the necessary equipment to fulfil the needs of the business. The business has 13 vans which operate in numerous areas such as Bromsgrove, Longbridge, Droitwich, Kidderminster and Dudley to name just a few visiting 550 businesses per day, with more vans this could be hugely increased making a big impact on the turnover. The business has a firm base to build upon and Meridian Business Sales recommends early viewing.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining: 5 years
Review: 2 years
Rent: £18,487pa

Location:

This excellent catering company is quietly situated yet not isolated standing on a small trading estate in Elmley Lovett and is well placed for access to the surrounding centres of Hartlebury 2 miles, Droitwich 5 miles, Kidderminster 6 miles, Bromsgrove 8 miles, Worcester 10 miles, Birmingham 18 miles, London 120 miles, M5 (Junction 5) 6 miles, M42 (Junction 1) 10 miles. (All mileages are approximate). (Rail) Railway stations are available at Hartlebury and Kidderminster. (Air) Birmingham International Airport offers regular national and international flights and together with the National Exhibition Centre and Birmingham International Railway Station can be accessed off Junction 6 of the M42.

Premises details:

4,000 sqft semi-detached industrial unit, briefly comprising of:

Secure entrance leading to:
Reception hallway
Vendors office

Main warehouse with roller shutter exit/entrance, storage racking, 2 walk-in freezers and 1 walk-in fridge.

Ladies & gents toilet facilities

Staff canteen with kitchen area, fitted units and dining tables & chairs
Staff office/labelling room

Catering kitchen with 4 deck bread oven, conveyor toaster, 2 double fat fryers, extraction unit, stainless steel work surfaces, double sink, food mixer, wash basin, fridge and food cling film sealer.

EXTERNAL
Front parking for 20 vehicles

Other information

Trading hours:

Unit
Monday > Friday : 5:30am - 3:00pm
Saturday > Sunday : Closed

Vans
Monday > Friday: 7:00am - 3:00pm
Saturday > Sunday: Closed