Corporate Catering Company For Sale

Business description

Well established this business celebrates over a decade of successful operations in the outside catering industry. Originally founded as a snack bar the owners quickly realised the opportunity and profits available in providing outside catering to local business’ and corporate customers. From that moment on the company has established itself as a reputable supplier of specialist buffets.

With an enviable client base now including local companies, blue chip clients local government authorities, the business offers daily finger buffets and fork buffets to their discerning customer base. Having retained several of these clients over numerous years is testimony to the quality of buffets served and the customer service and satisfaction that this company offers.

There are still tremendous areas for growth and expansion within this business that will rapidly increase both the turnover and profitability of this business. The owners have recently started a family and wish to return to their wider family base abroad. Because of this they have not grown the business to anywhere near the potential that it is capable of. Opportunities still exist locally, further afield and in the private function business that they are unable to accept due to their family commitments and so these business opportunities are always refused. This is truly a business explosion waiting to happen!

The premises are ideally positioned close to large business areas and their local customer base and have good accessibility to grow further afield. Because of its reputation the business has built up a very substantial customer base locally. Many clients have been with the company for many years, due to the exceptional levels of quality, service and value for money it can provide. The client base is a good mix with many commercial clients complementing the public service trade.

In what can be a fairly competitive industry, this business is experiencing continuing growth, fuelled by its dedication to quality products, old fashioned services and its high levels of attention to detail. This business offers a very personal and courteous service, with customer satisfaction its prime objective.

With current turnover of approximately £150,000 p.a., this is an excellent opportunity to acquire a well-established business highly regarded for its quality products and customer service and a steadily increasing and loyal customer base. A new owner with new ideas, energy and enthusiasm will be ideally placed to build on this already successful and profitable business platform.

Customer Service:

This business believes its customers should experience highly rewarding levels of satisfaction each and every time they deal with the company. This level of satisfaction is fuelled by the highest quality of products and services being provided, backed up by a truly professional yet friendly, level of service.

Key Strengths:

Built on solid foundations this business has an excellent reputation for friendly and helpful service and excellent, fresh high quality, produce. The current owners have achieved this by hard work and have an established, yet diverse, corporate customer base, that is growing year on year through word of mouth recommendations and ongoing referrals. Not surprisingly this business can claim high levels of customer satisfaction.

Key Opportunities:

Although this business projects a very professional image to its customers, there is room for improvement particularly in relation to the management of the company, where the introduction of a greater focus on sales and marketing would improve the business’ turnover and overall profitability. Opportunities exist by increasing the very local area served and in taking on private functions and weekend work that is currently not exploited by the existing owners.

This business could also benefit from the further development of the website to increase online sales and bookings which would again impact on the overall profitability of the business.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Property information

Property:

Leasehold

Location:

The premises are extremely low overhead premises with a yearly rental of £15,000 and rates payable of £5,000 per annum. As the business operates on a dependable licence means that new owners have the opportunity to continue in these premises or relocate the business to somewhere better suited to their requirements, offering the opportunity to base themselves almost anywhere in this locality, or to assimilate the business easily, into an existing operation.

The premises are located in a secure business park

Other information

Expansion potential:

There is an outstanding opportunity to build on the existing business levels and customer base of this business. With an ever increasing demand for this business's products and services combined with the capacity to increase turnover, a new owner contributing fresh ideas, focus and new levels of energy will be ideally placed to take this business to its next level of growth, which will be continual for the foreseeable future.

Competition / Market:

The business has does very little advertising and has only a standard listing within the traditional business directories. They have however benefited from the most effective form of marketing available, that of word of mouth recommendation, combined with regular repeat business.

Support & training:

The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners.

Reasons for selling:

Having recently started a family of their own the owners now desire to move back to their wider family base abroad.