Business For Sale : Commercial Catering Equipment Supplier
Location : East Coast of Scotland, Scotland, UK
Freehold | Asking Price: "£500,000"
Contact: Turner Butler
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Asking price includes
A trusted and respected supplier of catering equipment
Reputation for honesty, reliability, and responsibility
Excellent supplier partnerships
Complete Turnkey Operation
Large amount of equipment
Established client base
Good profit margins
Excellent Freehold property
This established reputable business supply new and re-conditioned catering equipment, also undertaking maintenance work servicing gas and electric appliances, plus design and installation of commercial kitchens, offering high quality value for money products and services.
The business also offers maintenance contracts to its wide range of clients, including some large blue chip companies. Maintenance and installation teams are fully conversant with equipment from all leading catering manufacturers, and are qualified to advise on such matters as health and safety and current legislative requirements.
Suppliers of quality commercial catering and refrigeration equipment to the trade, the business install new and reconditioned equipment at commercial premises from toasters to service counters and everything in between.
With extensive catering knowledge the reliable, skilled and experienced work force make every effort to satisfy the customer requirements, offering prompt delivery with a personal and friendly service.
This business is a "one stop shop" offering a full range of catering equipment and supplies that are constantly being updated. Providing a service that is second to none by maintaining close relationships with leading manufacturers and consumable suppliers and having knowledgeable experienced staff who understand and are extremely responsive to the needs of customers.
The business has developed a wide reputation for a prompt, reliable and efficient service.
This company enthusiastically offers a high level of customer service. It develops and presents all its catering services with the utmost attention to detail, offering a high quality of service, guaranteeing standards and after sales customer care.
This business has expertise, highly skilled personnel and reliability. As well as its dedication to customer satisfaction it has attracted and continues to attract new referrals and an extensive base of very satisfied clientele.
Business sales have increased annually with a minimum amount of publicity and advertising. Built on a strong and established reputation with a number of suppliers, this business are able to offer a range of top quality products to satisfy customers' requirements at competitive prices.
The business has forged a reputation for providing a high standard of both workmanship and customer support. A strong emphasis is placed on providing complete customer satisfaction by the highly skilled experienced staff, who are also committed to ensuring company growth.
The company has earned an outstanding reputation for its customer service and professionalism, vast product knowledge, and qualified service engineers. Service contracts are increasing with the sales spin offs, efficient job completions, and excellent quality of work.
This firm maintains an extensive base of satisfied clientele, who appreciate superior service. There are many excellent avenues for growth, especially by targeting untapped areas with increased sales coverage, and further promotion of catering supplies within the appropriate market sectors.
With a strong demand for services and capacity to double turnover, a new owner would contribute fresh ideas and outside influence to build on an excellent base.
Growth and Expansion
The business has grown, forging a reputation for itself by providing a quality service. As a result of this excellent track record the business has secured contracts with many major companies, offering plenty of opportunity for further expansion.
The business would benefit from a more pro active management, the owner has decided that rather than taking the business on to the next level; he will be retiring and leave the growth to the new owner. The business is a turnkey, with a relatively short learning curve for the new buyer and a knowledgeable; business confident buyer will easily make that transition.
The premises are located in a thriving city in East Scotland and comprise of an extensive facility that is fully equipped and provides well-suited space for this business, with good frontage and excellent signage.
The company currently has a staff compliment of nine, and provides a friendly working environment for its employees, striving to develop their individual strengths.
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.
The business is financially stable with positive cash flow, no debtors, enjoys a Strong Order Book, high gross and high net profit and has shown consistent strong growth in profits.
The current turnover is circa £850,000, with share holders funds of circa £380,000.
Highly profitable the company is for sale on a goodwill basis to include work in progress, stocks and fixed assets.
Support and Training
The owner will provide full business familiarisation, training and handover.
Reason for Sale
The three directors of the company have now reached between the ages of fifty and sixty years old respectively, and are now ready to retire following the successful handover of the business.
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