Outside caterer – hog roasts, buffets, barbecues, drinks bars and crockery hire.
Location : West Sussex Relocatable
Asking Price : £255,000
Turnover : £132,000
Net Profit : Undeclared
Gross Profit : £76,600
EBITDA : £46,000
Net Asset : £185,000
Premises : Relocatable
Confidentially offered for sale
Turner Butler has been appointed to invite offers of purchase for certain assets and goodwill of an outside catering business specialising in hog roasts, buffets, barbecues, drinks bars and crockery hire.Business Profile
The business has the following key attributes:
• Specialist supplier of hog roasts, barbecues, buffets, drinks bars and catering equipment hire.
• Almost twenty-five years of successful operation.
• Significant volume of plant and equipment – breadth and depth of inventory.
• Bookings stretching over a year ahead.
• Outstanding reputation for high levels of customer service and customer satisfaction.
• Excellent growth and expansion opportunities.
• Easily transportable, profitable business.
The business provides an acquirer with:
• An ideal bolt on for another outside catering business or catering butcher looking to increase their business interests.
• An excellent starter business opportunity possibly for an individual or family
For the financial year ending December 2014, the Business generated turnover slightly in excess of £132,000, generating gross profits of £76,600 and an EBITDA (Earnings before interest, tax, depreciation and amortisation of costs) of £46,000 before Director’s costs.
The Asking price of £255,000 is for a sale of 100% of certain assets and goodwill in the business and includes plant and equipment conservatively estimated to have a value of £185,000.
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.
All enquiries or requests for additional information should be submitted or directed to Turner Butler Head Office: 01895 256000.Turner Butler Disclosure Statement
This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')
The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.
For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into
The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.
Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.
You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.
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