Highly Profitable Catering Business, Central Belt, Scotland Ref 2821

Leasehold £249,000

    3930

This is an excellent opportunity to acquire a well established catering business with a substantial on-going customer base of children’s nurseries and other outside catering customers.

Annual net turnover in excess of £470,000 with good gross and net profit margins.


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Type of business
This is an excellent opportunity to acquire a well established catering business with a substantial on-going customer base of children’s nurseries and other outside catering customers. Annual net turnover in excess of £470,000 with good gross and net profit margins. Fully equipped spacious 128m2 commercial kitchen and 4 delivery vans. Supplies meals to over 1,000 nursery school children on a daily basis. 70% of turnover comes from contracts with over 20 nurseries across the Central Belt. Operating from a large purpose built unit with easy access to the M8 motorway this business is capable of significant further growth. Leasehold interest, vans, equipment, fixtures & fittings for sale at offers over £249,000.
Opening hours
Mainly Monday to Friday operation except when weekend function
Staff
Fully trained and experienced staff.
Tenure
Leasehold. Annual rent only £9,000 and qualifies for 100% rates relief.
Premises
Fully equipped spacious 128m2 commercial kitchen and 4 delivery vans.
Financial information
Annual net turnover in excess of £470,000 with good gross and net profit margins. The 4 vans, catering equipment, fixtures and fittings are worth over £100,000.