Event Catering Specialist - West Devon

Price : £80,000

Business Reference No. 12756

  • Very well established
  • Operates mainly within a 40 mile radius of its Okehampton base
  • Excellent name and reputation
  • Able to rely heavily on repeat and recommended custom
  • Extremely well equipped to high professional standards
  • Projected turnover (as at end October 2021) for y/e 31/12/2021 = £155,783 (Adjusted Net Profit £88,501) despite Covid-19 restrictions during the first half of the year
  • Forecast turnover for 2022 = £182,000
  • Was regularly trading with annual turnover in excess of £200,000 (Adjusted Net Profit over £100,000) prior to pandemic and confidently expected to return to this level during the next few years – so, exactly the right time for new owner/s to acquire this business!
  • Attractively priced to encourage early sale to enable current owners to embark on new and separate careers

THE BUSINESS : Established in 2012 by the current working directors/shareholders, their company’s business is that of a catering specialist for weddings, corporate and special events. It provides its services mainly (for about 90% of its trade) within a 40 mile radius of its base in Okehampton, but for larger and more prestigious events it does operate somewhat further afield.

The business creates outstanding food using only the highest quality, locally sourced ingredients prepared in its own professional (5-star hygiene rated) kitchen and tailored to clients’ exact requirements – something which sets this business apart from most competitors and which attr...

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