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CH057-£190,000-Retail and Wholesale Supplier of Catering Equipment

Asking Price: GBP 190000
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Business Location: United Kingdom » City of London » North London 
Category: Food » Catering Services
Description:
Retail and Wholesale Supplier of Catering Equipment



Confidentially offered for sale
Ref No: CH057
Location: North London

Asking Price: £190,000 +S.A.V
Established in 2003, this business is one of London’s leading suppliers of catering equipment. Whilst the business sells a little into the retail market the overwhelming majority of sales are to the catering trade. Having originally built its reputation with a commercial toaster, its extensive range now encompasses everything a modern commercial kitchen would ever need – from burger presses to waffle and pizza ovens and everything in between including contact grills, crepe machines, charcoal grills, hot plates, ovens, slicers and lots more besides. Such is the extent of the range and the demand amongst catering outlets for these products you would be hard pressed to find a High Street in the UK with restaurants, hotels, coffee bars or high volume food outlets – including some of the world’s most famous brands - without a product from this business. And it’s not only in the UK where this business has established its reputation, indeed importing an imposing variety of stock from Turkey.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2003
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
The current owners wish to start a family following the sale of the business.
Market competition and expansion:
The Company is highly credible. Its most effective form of advertising is its performance with its Clients. Customer satisfaction results in repeat bookings and high levels of service at high profile events encourages attendees to book this business or recommend it to friends, colleagues and associates.
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