INDUSTRY

Food Related

BUSINESS SUMMARY

Independent Food Catering Equipment Wholesaler Supplying major brands in food catering equipment to independent catering establishments Confidentially offered for sale Ref. no : CH052 Location: Hampshire Asking price £500,000+ Stock at Valuation This ever growing and successful wholesale business was founded in 1999 by the Vendor with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with a reputation for the quality and variety of its catering products its flexibility of service and reliability. This trusted business is one of the best known and well respected suppliers of catering equipment and catering accessories in the UK. They provide their comprehensive portfolio of products to customers that include hotels, pubs, health and leisure clubs, care homes, restaurants and catering establishments of all shapes and sizes, and vary in size from local independents to large national chains.

	BUSINESS FINANCIALS
Asking Price: £500,000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	MARKET OUTLOOK/COMPETITION
The business has used limited advertising in the past but has engaged in many promotions and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.
	DETAILS ABOUT THE SALE
Support & Training The current owner will provide all necessary training and all relevant contacts to allow continuity of trading. Reason for Selling After many happy and successful years of trading the business is for sale as a result of the vendor’s wish to retire. Is Management Willing to Stay? No Are You An Intermediary? No