Business for Sale in Devon EVENT/WEDDING CATERERS

Key Information

Reference

R35978N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Catering Companies

Annual Sales

£149,288.00 Exc. VAT

Accommodation

No

Business Information

Respected EVENT/WEDDING CATERERS, based DEVON, operating throughout the county and into neighbouring counties. Benefiting from holding preferred supplier status for many popular event/wedding venues, being able to cater for well in excess of 100 covers and simultaneous events.

Operating from easily accessible immaculately presented premises, ample car parking, the subject of recent investment, enjoying very low overheads, rent just over £100 per week and zero business rates. Configured to provide client consultation area, preparation area, commercial kitchen, wash-up area, storage/despatch areas, and cloakroom facilities, being comprehensively equipped with catering equipment.

Performing highly profitable business, masses of bookings in hand with bookings up to 24 months in advance, enquires constantly received, no advertising undertaken, all through recommendation/word of mouth. Sales 2023 £149,288 ex Vat, Gross Profit £126,226 (85%), Net Profits approx. £80,000 to sole owner. Growing business, forecast sales/bookings 2024 in excess of £200,000 ex Vat, with 6 figure Net Profit.

Leasehold £99,500 sav Ref: R35978N