Freehold Outside Catering Company Located In Kings Norton

Birmingham, B30 3QP
£219,950 plus SAV
Business ID:
#2240
£219,950
  • Ref: 2240
  • Type: Commercial Property
  • Availability: Under Offer
  • Veritas Categories: Catering, - Commercial Caterers, Commercial Property
  • Business ID: 2240
  • Price Postfix: plus SAV
  • Commercial Tenure: Freehold
  • Commercial Price: 249950
  • Annual Turnover: 127718
  • Make Enquiry

Property Features

  • Established Business
  • Fully Equipped
  • Freehold Commercial Property
  • Great Repetation
  • Commercial Catering Company
  • Further Potential
  • Ideal Bolt On

Full Details

Freehold Outside Catering and Events Business Located In Kings Norton
Ref 2240

Location
This outstanding Outside Catering business is located in Kings Norton, Birmingham. The property sits within a prominent and highly visible trading position in a small parade of shops and is adjacent to McDonald's restaurant on Parsons Hill. The immediate area is densely populated with residential properties and you are within close proximity to Kings Norton Business Park where there is a wealth of businesses and industry. Kings Norton Green is (1.2 miles), Kings Heath is (2.7miles) and Birmingham city centre (6.9 miles).

Asking Price £219,950 plus SAV
Turnover: £127,718 pa
GP: £69,661 pa
Stock: £1,500
Business Rates: zero

Property Description
Veritas Business Sales are delighted to offer for sale this respected Outside Catering concern which is located in Kings Norton, Birmingham. The business has been established since 1976 and has been in the careful hands of our clients for the past 20 years. Reluctantly they are now offering the business for sale so that they can enjoy a well deserved retirement. Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Classic Catering is owner operated and employs the help the help of 2 full time and 2 part time staff members and their annual turnover is £127,718 with a GP of £69,661. Services include, business and corporate buffets, wedding catering, events and occasion catering, seasonal celebration catering and BBQ and hog roasts. Most of the work is carried out within a 10 mile radius where they have a bank of approximately 50 corporate clients that order on a regular basis along with a daily sandwich round to 6 local businesses. The business will come fully equipped and to include an abundance of utensils along with a sign written refrigerated delivery van. We believe that there is further potential to increase trade should you wish as the business is operated at a gentle pace to suit our clients and no advertising and marketing has been done for some time. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with plenty of new enquiries. This is a superb opportunity to purchase an established business that comes with a great reputation and still has further potential which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours
Monday - Friday - 7.00am - 2.00pm
Saturday and Sunday - as required

Ground Floor
Reception area and hallway with 2 hot cupboard, walk-in chiller and an electric meter cupboard.
Hallway with a stainless steel work table with a commercial tin opener attached and 2 plastic food storage canisters.
Dry stores with 2 5 shelf metal storage racks, portable food trolley and walk-in freezer.
Catering kitchen comprising: commercial microwave, wall mounted knife rack, stainless steel work table, dual deep fat fryer, combination steam oven (Hobart), 6 ring electric hob and oven, extraction hood, 2 small stainless steel work tables, 2 large stainless steel work tables and a flour storage tub.
Preparation/washroom comprising: stainless steel sink drainer, potato peeler, 3 6 shelf storage racks, upright fridge, 3 stainless steel work tops, dishwasher(Hobart), handwash basin, 4 wall mounted shelves, metal chemical storage tank, small stainless steel work table, 5 hot food storage canisters and rear exit door.

First floor
W/C.
Laundry room with sink, washing machine (Beko), boiler (Heatline) and paper towel dispenser.
Office with 2 desks.
Storeroom with 4 x 3 shelf storage racks and to include all pots, pans and glassware.
Storeroom with 2 x 6 shelf storage racks, 2 shelf storage rack, filing cabinet and to include all crockery, linen and napkins.

The property benefits from double glazing.