Business for Sale in Bristol TABLEWARE & CATERING EQUIPMENT HIRE

Key Information

Reference

M36227X

Tenure

Leasehold, Relocatable - Regionally

Status

For Sale

Region

Bristol

Sector

Outside Catering Businesses

Annual Sales

£157,313.00 Exc. VAT

Accommodation

No

Business Information

Respected TABLEWARE & CATERING EQUIPMENT HIRE BUSINESS, serving BRISTOL, BATH, and surrounding areas to include the desirable and affluent COTSWOLDS with numerous function/wedding venues. Operating from ideally positioned easily accessible premises, lying off major A roads with easy access to the M4 & M5 motorway networks, albeit the business could be RE-LOCATED and even amalgamated with another similar/complementary business.

Contained within light industrial premises in the region of 3,400 square feet, very well organised with quality industrial racking, offering masses of storage space, 2 useful loading bays, offices, staff kitchen, cloakroom, and ample car/van parking. Fitted with state of the art pass through dish washing system initially acquired and installed at a cost of more than £30,000. Huge hire stock of quality crockery, cutlery, glassware, kitchen equipment, refrigeration, and linen with 6 figure replacement cost all included within the sale.

Established some 35 years, first time on market and offered for sale, holding very valuable client base of caterers providing regular repeat business throughout the year at a variety of venues and events to include weddings, graduation ceremonies, conferences, and other celebrations, in addition to some private functions. Efficiently operated by the vendors at a level to suit their lifestyle, undertaking delivery, set up, collection and wash-up service. Income 2024 £157,313 ex Vat, Gross Profit £155,713, ensures consistent and sound levels of overall profitability.

Leasehold £125,000 to include Hire Stock, plus Vehicles & Refrigeration Trailers at valuation