Education Contract Caterer With High Net Profits For Sale

Business description

This established business comes fully operational and with its own management team, making it ideal for an investor or hands on owner to expand further
High Net Profits £100,000+

education based contract caterer with contracts in 14 schools as sole caterer


Sales for 2007-8 of £1million and forecast at £1.1million for 2008-9 due to new contracts
Net profit for 2007-8 was £100,000 and this is expected to rise in line with sales increased

Sale includes fridge van, delviery vans, lots of kitchen equipment

Based in Buckinghamshire with school contracts into London and Oxfordshire

Property information

Location:

Business office based on industrial park near high wycombe, with 200 sq ft of offices on monthly licence

Other information

Expansion potential:

School meals are very much in the media and governments agenda is to support school meal growth with £millions being made available for this.

Competition / Market:

Established caterer to schools with good reputation for quality home cooked food and service

Support & training:

vendor is willing to offer hand over period to support incoming owner Current "head office" function of accountant plus senior managers enables the vendor to operate in a strategic role only as the managers and acountant sake care of all day to day matters. ideal for investor or for a hands on operator who wants an established business to grow even further

Reasons for selling:

vendor seeking to sell to concentrate on other business interests

Furniture / Fixtures value:

£15,000 (included in the asking price)