Supplier Of Catering Equipment
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $454099
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 1 - 3
Inventory 0
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Full support, training and handover will be provided to the successful purchaser if required
Reason for Sale The current owner is starting a family and moving from London following the sale of the business.
Description Retail and Wholesale Supplier of Catering Equipment to the Restaurants ,Bars and Cafe
Confidentially offered for sale
Ref No: CH057
Location: North London
Asking Price: 89,000 +S.A.V
Established in 2003, this business is one of Londonns leading suppliers of catering equipment. Whilst the business sells a little into the retail market the overwhelming majority of sales are to the catering trade. Having originally built its reputation with a commercial toaster, its extensive range now encompasses everything a modern commercial kitchen would ever need from burger presses to waffle and pizza ovens and everything in between including contact grills, crepe machines, charcoal grills, hot plates, ovens, slicers and lots more besides. Such is the extent of the range and the demand amongst catering outlets for these products you would be hard pressed to find a High Street in the UK with restaurants, hotels, coffee bars or high volume food outlets including some of the worldds most famous brands - without a product from this business. And itts not only in the UK where this business has established its reputation, indeed importing an imposing variety of stock from Turkey.
This businessss excellent reputation is built on awareness of its brands, very high standards of craftsmanship, product durability and stylish design, with products continuously updated to incorporate the latest technology and ergonomic designs to enable chefs to maintain the very highest standards. Every machine is assembled comes complete with a generous warranty reflecting the confidence this business has in its capabilities and its suppliers. This together with outstanding reliability and very high levels of customer service a next day fix or replace service is in place for several prestigious, high volume chains - ensures a constant demand from new and existing customers.
Current turnover is circa 342,000, generating a gross profit of 102,000
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