Company specialising in the production of bar and catering areas, feature areas, retail outlets, exhibition stands etc. for use within the catering and hospitality sectors.
Location Kent, England
Asking Price £95,000
Gross profit £322,000
About the Company
The business has the following key attributes: • Leading production company specialising in catering and hospitality. • One stop shop – concept, design, manufacture and installation. • Outright sales plus extensive stock available for hire. • Own product – flexible, modular system of tubes, panels and connectors. • Company run largely independently of ownership. • Highly skilled, experienced and professional staff. • Longstanding Client base including contracts with some of the biggest names in catering and hospitality. • Regular projects at some of the most prestigious locations in the UK. • Excellent growth and expansion opportunities.
The business provides an acquirer with: • an ideal bolt on for a production company already operating in the catering, hospitality, exhibition, event management or even shop-fit sectors. • an ideal starter opportunity for an individual looking to establish a foothold in production in catering and hospitality.
For the financial year ending May 2015, the business generated turnover of almost £615,000 with gross profits of almost £322,000. EBITDA, before Director’s costs was almost £80,000. The Asking price of £95,000 is for a sale of 100% of the Issued Share Capital in the Limited company and is based upon a Balance Sheet of £91,361, adjusted to more accurately reflect the value of the plant and equipment in the Business and to exclude Goodwill on the Balance Sheet.
Asking Price $116,338
Profit Available On Request
Converted From GBP
Exchange Rate $1.22
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