Profitable Business For Sale

Catering Equipment And Furniture Hire Company - London

Description

Successful and long established company based in south east London.

Wide range of loyal customers both corporate and private. Lots of repeat business. Hardly any marketing takes place so with a good advertising program growth should be easy.

Large range of good quality stock from a tea spoon to a cooker and everything in between. Good range of furniture also.

The company has good quality staff in the key positions and can easily be run without the owner. All key systems are computerised for speed and accuracy of orders. Good quality website and comprehensive advertising program attracts new customers on a regular basis.

Hire stock value of £630k, vehicles valued at £40k and other stock such as dishwashers,ancillary equipment,computers etc valued at £50k. The company has no debt and all vehicles,equipment and stock is fully paid for.

Current turnover £680k with an average net profit before tax for the last two years of £131k. Average gross profit over the last two years of £557k with relates to 82%. These figures do not include any charge for rent.

The company needs to move premises to be able to grow as the present site is limiting this but the present site is available for the next 15 months on a rent free basis.

I am open to offers for the company and I am happy to consider all options.

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