For Sale: Sandwich Manufacturer/Catering Business - Kent
Established: For 7 years
Location: Kent
Activity: Sandwich manufacturer, selling to wholesale outlets (including tourist attractions, Public sector and well known retail chains). The other side of the business is supplying daily van sales and outside catering.
Trading area: Throughout the Kent region
Client base: Approximately 40 business/corporate clients (plus direct customers through van sales. Ranging from wholesale, to universities, leisure facilities, local authority, garage, retail, hospitals and sports clubs.
Staff: Owner/director (25 hours a week). Office manager, production manager,production staff (4 rising to 10 in season), 3 van drivers (2 van sales and 1 wholesale). Self employed bookkeeper 1 day per week.
Structure: The business is currently operated through a limited company. The owners propose to sell the business and assets (as a going concern) out of the company.
Premises: Leasehold – c£500 pcm (3 month break available). Business rates £130 pcm.
Opportunity: The opportunity to purchase the business and assets, as a going concern, of an established catering company with excellent brand and reputation. Run (on a part time basis) by the owner from a very low cost base. Blue chip clients many of whom pay cash daily and many others pay bacs payment producing strong cash flow. Seasonal business with the opportunity to focus on the low season to generate more business.
Current Revenue: Year ending October ’09 c.£340k adj net profit c.£65k
Reason For Sale: Client emigrating to Australia to join family
Contact
Stefan Kaczmarczyk
BENCHMARK BUSINESS SERVICES LLP
Carlton Place, 22 Greenwood Street, Altrincham, Cheshire, WA14 1RZ
E-mail: admin@benchmarkllp.co.uk
Tel: +44 (0) 845 246 2626
Fax: +44 (0) 845 301 8181