Profitable Business For Sale

Catering and Event Equipment Hire Company For Sale - Hampshire

Description

Asking Price £475,000 inc. huge inventory and contracts with major UK catering companies

Sales revenue:£255k

Net profit (EBITDA):£81k

A superbly organised and equipped company which provides a large range of catering equipment for hire.

The business has a slick and smooth operation, with well-sorted and organised stock and a capable hire system developed over many years.

Vast inventory of current hire stock included in the sale, conservatively valued in the hundreds of thousands, plus handover, WIP and support.

Property: Leasehold

Leasehold rent: £18,000 per annum

Location: Located on the Hampshire/Wiltshire borders.

Premises details: The premises are excellent. Based on a spacious commercial estate with easy access to the main road. The property has an office space, a wash-up/prep. area, a very well-equipped and racked out warehouse, and a loading/unloading area accessed through an up-and-over roller door.

Business Operation

Reasons for selling: A retirement sale.

Trading hours: Weekdays only. The working day usually ends around 4.00 to 4.30pm. Deliveries and collections are arranged so as to avoid weekend working.

Employees: 10

Years established: 36

Other information

Support & training: A full handover is offered. The duration and terms of this are flexible to suit the requirements of the new owner.

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