Asking price: £395,000

Sales revenue: £600,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This is an ideal opportunity to purchase a mature business which was established twelve years ago by the current owner, designing, supplying and fitting catering kitchen equipment to a number of high profile companies in the UK. These include, pubs, butchers,cafes and catering establishments. They have earned an excellent reputation for a complete turnkey solution to their clients by being able to competitively source and supply from a first class supply chain.

The company operates its business from a small rented industrial unit which serves as their showroom, office and workshop. A secondary space is leased and used for storage purposes.

The business is profitable and easy to run with simple business principles of providing a quality product, fitted by experts at a competitive price.

Years established: 1996

Employees: The owner runs the business on a daily basis including all of the buying, quoting, and project management.

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
. Rent is circa £978 per month with annual rates of circa £3,130. The lease is short term on a month by month basis.

Location
The business runs from a small industrial unit in Tyne and Wear, which is circa 2,200 sq.ft. The unit comprises of a showroom, workshop and office. There is parking available outside and the unit is in close proximity to the motorway network. Rent is circa £978 per month with annual rates of circa £3,130. The lease is short term on a month by month basis.

Expansion potential
This is an all year round business with very little seasonal changes. There remains scope for a new owner with fresh energy and ideas to increase sales and bring in further turnover and profits. There is on average a three monthly order book in place, but this could be increased with further staff employed. They have been trading consistently over the past twelve years and the current owner has maintained the business at a level that is comfortably manageable to him based on the current infrastructure. The company would benefit from an updating of their web-site, and there is no major marketing or advertising budget. They obtain the majority their business from their regular customers and by word of mouth recommendation. A small amount of investment in a sales drive would immediately reap rewards with the high quality and service which is provided.

Support & training
The owner would be happy to help out with a smooth transition of the business and help in anyway possible.

Reasons for selling
The owner would like to see the company progress on to the next level, he believes that it would be a perfect time for someone to take over the business and would be happy to stay on with the company either as a shareholder or as a consultant.