Hilton Smythe welcomes to the market Dine in Leisure Ltd. The business was originally founded by our client in 2010.
The business is very well known and respected throughout area, and boasts a lucrative client database including regular repeat custom with hotels, hospitals and public houses. The business provides a host of bespoke services for special events and functions, including marquee hire and supplies for wedding venues, also supplies to other outside catering companies in respect of equipment hire.
According to the 2016 accounts the business reports turnover in the region of £125,000 with gross profit at circa 80%.
The sales includes a comprehensive list of quality catering equipment and a delivery van.
The business has a comprehensive website www.catering-dorset.co.uk giving further information about the services and gallery of pictures showing the exceptional quality of the dishes.
We believe the purchaser would benefit from the below suggestions to generate further income.
Employ more staff and widen the area to further afield.
Currently very little advertising, promote the business through social media or a marketing campaign to attain new custom.
Early viewing on this highly respected business is highly recommended, with the business genuinely coming to the market due to our client's other business interests.
TENUREWe are advised leasehold.
The original lease length is 30 years
As of 2017, 22 years remain on the lease.
Rent is £13250 per annum.
HOURSThe business works around client's requirements.
STAFFThe business is owner run and managed with the assistance of 1 full time member of staff
FINANCIAL PROFILEAccording to the 2016 accounts the business reports turnover in the region of £125,000 with gross profit at circa 80%.
The sales includes a comprehensive list of quality catering equipment and delivery van.
Dine in Leisure Ltd operates from a 3300 sq ft warehouse in Poole, Dorset, serving throughout Dorset, Hampshire, Wiltshire and Somerset.
The business is located on a prominent industrial estate, on the arterial A348 road in-between Poole and Dorset.
3300 sqft largely warehouse style open plan premises ,briefly comprising: -
Ample storage and ancillary areas,
Fully equipped stainless steel food prep and catering kitchens,
Front office area and reception, all 95% open plan.
The sale includes a comprehensive list of equipment, some listed below: -
Table dressing and favours,
Additional catering equipment for lease or hire out,
Further detached shipping container stores.