Outdoor Hog Roast Catering Business
Ref.CH120
Location Buckinghamshire
Asking Price £ 100,000
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, which is moving the business above the lifestyle level the owner originally envisaged.
The catering company supplies a range of service options from simple hog roast, which compliments other catering firms on-site, to a full service. This full service includes staff, additional 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. Customers hiring the business include those organising private functions such as weddings, birthday parties, anniversaries as well as corporate clients looking for something unique for their discerning clientele. Prices range form £950 to around £5,000 depending on requirements.
The business is home based, and very easy to operate with customers finding the business via the highly visible website, which generates a good stream of enquiries along with word of mouth recommendations. Bookings are confirmed, some many months in advance, with a 50% deposit. The remaining 50% is to be paid on the day of event. This revenue structure offers excellent cash-flow, and by employing all staff 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 on-going liabilities.
From the initial start of a few garden birthday parties in 2007, when the vendor enjoyed a more relaxed lifestyle business, the workload has extensively, and with minimal direct competition in the region able to offer the same comprehensive service, or with the same name recognition, the company is now in the situation where they are working to capacity through-out the peak months of the year, and have to turn away business or pass it over to smaller firms via recommendation.
Although the business receives a revenue split from these recommendations, the company is now at the stage where that with a little additional investment in assets and premises, there are real opportunities for exceptional growth. |