Long Established Profitable Outside Catering Business For Sale, Fife. 2699

Leasehold £49,000

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This is a superb opportunity to acquire a very well established quality outside catering business with excellent customer base in Fife.

Profitable going concern with fully equipped catering unit.

With little local competition this business provides a wide range of catering options with business lunches accounting for around 60% of sales and other private functions including parties, weddings and barbeques the balance.
 
Business, leasehold interest, van, equipment, fixtures and fittings for sale plus stock at valuation.


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Type of business
This profitable outside catering business has been established for 20 years and enjoys a pre-eminent position in its local market. With little local competition it supplies repeat catering to a significant number of local blue chip companies together with a wide range of private functions including parties, weddings and barbeques. It is an ideal owner managed operation and has been consistently profitable but also has significant potential for further growth. May also suit those looking for a flexible lifestyle change. The owner is happy to provide a handover and training period to anyone buying the business.
Opening hours
The business works mainly Monday to Friday with most orders dispatched by lunchtime. Weekend work is only for pre-booked functions.
Tenure
Leasehold. Low rent of only £182 plus VAT per month. Rolling lease which can be extended. Rateable value only £2,850 so no rates are payable.
Premises
The premises are a spacious 46m2 modern unit fitted out specifically for the business. The unit has ample prep, cooking and storage facilities together with a disabled access staff toilet. All cooking, fridge, freezer, dishwashing and other equipment plus a large barbeque and gazebo is included in the sale price. The unit has private off street parking and direct loading access. The business has a wide range of crockery, cutlery, glassware and serving equipment to cater for most functions with up to a couple of hundred guests.
Financial information
This is an easily managed business with low overheads. Annual net sales pre-Covid were around £120,000. The owner has reduced staff during the last 18 months but maintained a good level of sales with just one person working part-time. Sales are currently around £60,000 per year but could easily be increased to previous levels as they are currently turning away work. The sale price includes a van and all equipment, fixtures and fittings. Further financial information can be made available to serious interested parties after viewing.