Food Delivery & Catering Company in Essex

Rainham, Essex
REF: R08173

Asking Price:
£50,000
Annual Turnover:
£49,795
Annual Net Profit:
£16,772
Reduced
REF: R08173
Photo of Food Delivery & Catering Company in Essex
Photo of Food Delivery & Catering Company in Essex
Photo of Food Delivery & Catering Company in Essex
Photo of Food Delivery & Catering Company in Essex

Overview

Tenure:
Leasehold
Established:
2012
  • Excellent Reputation
  • Strong Supplier Relationships

This is a unique opportunity to acquire a Meals on Wheels and catering service company, which is based in Essex and covers Barking and Dagenham, Newham, and Tower Hamlets. The business was first established in 2012 and has grown steadily since its creation, while also gaining an excellent reputation and a loyal customer base in the local area.
The company specialises in providing Meals on Wheels, along with a complete catering service for weddings, parties, corporate events and much more. They also provide catering services and are currently providing a daily service for a local specialist school.

In addition to the lunch services they also have an evening delivery service through Just Eat, Deliveroo, and UberEATS.
Their aim is to provide the local community with a paramount service for the elderly and vulnerable, who would otherwise struggle to prepare meals.

The company has brilliant relationships in place with suppliers of their quality ingredients and foods, which could normally be hard to attain for a new business. The business comes with incredibly well-equipped premises and all equipment is included in the sale, which should ensure the new owner can get to work straight away.

The owners are excited to pass on this business onto someone who is eager to develop the business to its full potential.

The well-equipped premises are located in a small shopping parade within Essex, with nearby car parking and good transport links. The company also has no local competition, which should ensure there is plenty of trade for the buyer.
All equipment will be included in the business sale, meaning the new owner will be able to get to work straight away. The delivery platforms are all set up and can easily be adapted to the incoming owner.

The business owners would also provide detailed information of all relevant contacts and customers so there is no break in the service provision.

The business would be ideal as a first investment to anyone starting in the catering industry. Likewise, this business is perfectly positioned to boost an already established business owner. There is huge potential for growth with this business, as there is a massive opportunity to raise brand awareness. With increasing demand for the main services there is no shortage of possibilities.

Furthermore, it could be a brilliant move to widen the delivery locations, as this will enable the company to cater to a greater number of customers. The business already has a brilliant, easy-to-use website and a Facebook page with 100 followers. It could be a great idea to continue utilising and optimising these platforms, along with creating social media channels.

Features

Online Presence

Location

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  • Nearby Car Parking
  • Good Transport Links
  • Residential Location
  • High Footfall
  • Limited Competition

Property

Annual Rent
£6,000
Annual Rates
TBC
Lease Term (Years)
3
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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