Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Catering Services Business For Sale

LISTING DETAILS
Firms For Sale ID:
34170
Vendor reference:
EJ063
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£120,000  
Turnover / revenue:
£718,595
Net profit / cashflow:
£55,000
Number of employees:
5

OTHER DETAILS
Reason for selling:
Retirement
Support and training:
Support and training will be provided for a period of time to be negotiated prior to the sale.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Greengrocers & Florists/Plants Catering, Wholesale and Retail
Ref.EJ073
Location South East England
Asking Price GBP 120,000
This family business has superb historic trading to its credit supplying the needs of the local community. The shop sells fruit, vegetables and flowers and has now established a revenue stream as a catering wholesaler, having used to trade 70/30 retail but is now trading 70/30 catering with wholesale supplies to hotels, restaurants, guest houses, nursing homes and cafes. The business assists their customers by working within their budgets and yet still delivering quality produce.
The catering side of the business has around sixty customers, with many being served over a number of years, payment is on account providing regular income.
The shop sells flowers and plants during the season and there are some good contacts with dutch and local suppliers, while the fruit & veg is bought from wholesalers and markets. When asked the business can supply bouquets/wreaths for weddings, funerals etc. This avenue could be exploited in much greater depth to great advantage to the owners. Additional marketing and development of a website could attract a much larger customer base. Also in time with such competitive pricing it could be possible to build a plant delivery business and reap the benefits.

Market / Competition / Non-Competition Agreements
No advertising has been undertaken except for an advert in the local hospital, all business is by word of mouth and regular customers. As mentioned previously no website has been developed or any additional marketing undertaken, so investment here could be beneficial to future profits.