The supply, service and maintenance of quality catering equipment to the trade and domestic markets
Ref. no: CH103
Confidentially offered for sale
Location: South London
Asking price: £150,000 + SAV
With over forty years’ experience of the catering trade and originally set up to trade in previously owned catering equipment, this family business has built an excellent reputation for the supply and servicing of quality catering equipment, dealing with the trade and domestic markets. With an extensive showroom, a fully e-commerce enabled website and the ability to deliver nationwide, the business has widespread appeal way beyond its immediate, loyal customer base of the thousands of restaurants, cafes, takeaways, bars, hotels, schools, nursing and residential homes scattered throughout the City, south London, Surrey and Kent.
This business provides absolutely everything for the professional caterer – from glassware and cutlery, furniture and janitorial equipment, clothing and footwear right through to heavy duty cooking equipment and refrigeration literally the full range. From a packet of plastic tea spoons right the way through to a fully fitted kitchen, this business can provide the lot. The business also offers a very effective and efficient servicing and repair service to the trade.
This business operates from a modern 3,300 square feet showroom situated in a secondary retail location on a major road just outside the main town centre but within easy reach of its customer base. As one of just a small number of catering equipment suppliers within the immediate area, this business has over 2,500 products in stock at any one time, out of a complete range of over ten thousand.
As well as its own branded range of products, some of the major brands available include Rational, Blue Seal, Lincat, Waring and Sabatier. A wide range of equipment is on show and ready for immediate delivery if necessary. Safe parking adjacent to the outlet and loading bay facilities to the rear of the premises ensure a constant stream of customers ing from the huge stock of capital goods and sundries.
This business prides itself on being large enough to compete on even the keenest of prices whilst still being small enough to appreciate the importance of high quality customer care and after sales service. Experienced and friendly staff are always on hand to offer advice and help identify the best equipment available to meet the individual requirements of each customer.
This is a very well established business which benefits from very high levels of awareness with the catering industry. With turnover consistently in the region of £700,000 - £800,000 generating gross margins of approximately 36% and profits available to the Owners in excess of £100,000 per year, this represents an excellent acquisition opportunity and should appeal to another distributor looking to extend their market penetration or an owner operator looking to acquire a major regional player in the catering equipment supplies business. |