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Finance And Services:

Sold. New & Reconditioned Commercial Catering Equipment Supplier Substantial Service & Repair Cont

LISTING DETAILS
Firms For Sale ID:
12922
Vendor reference:
CH016
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£500,000  
Turnover / revenue:
£850,000
Net profit / cashflow:
Undisclosed
Number of employees:
9

OTHER DETAILS
Reason for selling:
The three directors of the company have now reached between the ages of fifty and sixty years old respectively, and are now ready to retire following the successful handover of the business.
Support and training:
The owner will provide full business familiarisation, training and handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
New & Reconditioned Commercial Catering Equipment Supplier Substantial Service & Repair Contracted Income

Ref.CH016
Location East Coast of Scotland
Asking Price 500,000

This established reputable business supply new and re-conditioned catering equipment, also undertaking maintenance work servicing gas and electric appliances, plus design and installation of commercial kitchens, offering high quality value for money products and services.

The business also offers maintenance contracts to its wide range of clients, including some large blue chip companies. Maintenance and installation teams are fully conversant with equipment from all leading catering manufacturers, and are qualified to advise on such matters as health and safety and current legislative requirements.

Suppliers of quality commercial catering and refrigeration equipment to the trade, the business install new and reconditioned equipment at commercial premises from toasters to service counters and everything in between.

With extensive catering knowledge the reliable, skilled and experienced work force make every effort to satisfy the customer requirements, offering prompt delivery with a personal and friendly service.

This business is a "one stop shop" offering a full range of catering equipment and supplies that are constantly being updated. Providing a service that is second to none by maintaining close relationships with leading manufacturers and consumable suppliers and having knowledgeable experienced staff who understand and are extremely responsive to the needs of customers.

Expansion Potential
The business has grown, forging a reputation for itself by providing a quality service. As a result of this excellent track record the business has secured contracts with many major companies, offering plenty of opportunity for further expansion.

The business would benefit from a more pro active management, the owner has decided that rather than taking the business on to the next level; he will be retiring and leave the growth to the new owner. The business is a turnkey, with a relatively short learning curve for the new buyer and a knowledgeable; business confident buyer will easily make that transition.