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Catering Business For Sale

Location  United Kingdom
Asking Price Range  < $250K
Gross Revenues  $220739
Net Profit / Cash Flow  $37046
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2007
Number of Employees  6 - 9
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Leased
Training  The current owner will provide all necessary training and pass on all relevant contacts to allow continuity of trading and is prepared to assist in further support and training if required.
Reason for Sale  The vendor of this business is looking to return to regular work hours due to family commitments, and feels that this business is primed for investment to take the operations to the next level of growth.
Description  Outdoor catering company specialising in Hog Roasts, with a growing franchise operation Ref.CH120 Location Buckinghamshire, Fully Relocatable Undeclared Established in 2007, this professional hog roasting business was set up when the vendor noticed a gap in the market for this type of outdoor catering company. The business has subsequently gone from strength to strength since inception and is still experiencing excellent growth. This business offers a wide-ranging menu of service options - from a simple hog roast often supplied as part of a number of other catering options at an event or venue, right through to a full catering service which includes providing staff, other foods plus full sets of crockery and cutlery. The flexibility and range of services offered by the business appeals to all budgets and sizes of events and includes the full range of private functions such as weddings, birthday parties, anniversaries or corporate events for clients looking for something distinctly unique for their discerning clientele. Prices range from as little as œ950 for a simple Hog Roast though to œ5,000 plus, depending on requirements. In addition to serving its own customers directly, the business has developed a franchise operation and has two franchisees already established with a third due to sign up in January 2013. Home based, the business is very easy to operate with a steady stream of customers generated via its highly visible, informative and easy to navigate website and good levels of word of mouth recommendations. Bookings are confirmed, some many months in advance, with a 50% deposit. The remaining 50% is paid on the day of the event. This revenue structure generates excellent cash-flows, and with staff employed on a casual basis, including those who are senior and have been with the firm for a number of years, the business has limited overheads and little or no on-going liabilities.
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