Reputable Catering Service in Enfield

Enfield, London
REF: R05872

Asking Price:
£59,950
Annual Turnover:
£364,000
Annual Net Profit:
TBC
Featured
REF: R05872

Overview

Tenure:
Leasehold
Established:
1998
  • Well-established business
  • Fantastic reputation
  • Returning client base
  • Equipped premises
  • 4 branded vehicles - all included in sale

A fantastic opportunity to take on a well-established catering service based in Enfield is now available to an interested buyer.

Since 1998, the business has been providing an outstanding catering service to both private and corporate clients, serving both hot and cold breakfast and lunch options at highly competitive prices. The business offers a bespoke, accommodating service, allowing clients to create their own menu to suit their specific dietary requirements and tastes.

Catering to over 100 companies on a daily basis, its 8 hardworking staff are dedicated to providing a professional and friendly service, maintaining strong customer relations and upholding its fantastic reputation. The business is unique in that it is the only local company that uses traditional hand-cut crusty loaves and an array of English and continental bread rolls in their mouth-watering sandwiches and accompaniments.

Its widely-held reputation for quality and reliability and strong financial figures make the business a manageable turn-key operation from which a new owner can immediately profit.

The premises is situated on an industrial estate, conveniently located for easy travel to festivals and events that they cater to. On-site parking accommodates its seven branded vans utilised by self-employed drivers.

A large warehouse acts as the business’s base and facilitates the preparation of all food, housing a prep room and kitchen, walk-in fridge, double sink and toilets. An office on the first floor is also used for administrative duties.

Assets with an approximate value of £50,000 are available for the advertised price, including custom hot oven and refrigerated vans.

Its professional and informative website showcases the business’s menus, contact details and the option to place an online order enquiry.

A new owner, being a current owner of a catering business looking to expand through acquisition, or an individual with relevant experience, could take steps to grow the business further.

Increasing marketing initiatives, perhaps through social media, would help to widen the business’s exposure and gain future trade. Exploiting the private market and focusing on catering special events such as weddings and birthdays could also be a highly profitable move.

The current owner would be willing to discuss a transitional period with the new owner, in which details of daily business operations would be provided.

Loading...
  • Industrial estate
  • Ample parking
  • Good motorway links
  • Large premises
  • Fully fit for purpose
Rent
£14,600
Rates
£0
Lease Term
16
Lease Expiry
16 years left
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

Refine

Miles
£
£
£
£
Timed popup