Status: Completed
Tenure: Leasehold
Leasehold Rent: £12,000 per annum
Turnover: £225,162
Franchise Corporate Catering Business for SaleFranchise Corporate Catering Business for SaleFranchise Corporate Catering Business for Sale
£110,000

Franchise Corporate Catering Business for Sale

Completed
  • Reference: 1602
  • Location: Kidderminster, Worcestershire
Hilton Smythe welcomes to the market Jaspers T28 Ltd. This fantastic franchise opportunity provides quality professional catering for corporate clients and genuinely comes to the market as our client looks towards a career change. Our client has successfully negotiated over 100 client contracts from surrounding local businesses, catering for meetings, training sessions, business lunches and other business events.

The business has an excellent reputation with much repeat trade and word of mouth referrals. The business operates from a modern pristine fully equipped commercial kitchen, immaculately maintained with expensive equipment. All food is made to order using fresh ingredients. The menu is varied and adaptable to client's requests and includes sandwiches, wraps, rolls, salads, skewers to name just a few, and a delicious range of desserts.

All budgets and dietary requirements are catered for, resulting in the business being awarded the 5 star food and hygiene rating. This highly profitable franchise operates in a circa 30 mile radius by nominated post codes, mainly covering Worcester, Bromsgrove and Droitwich, with the potential to expand further afield to generate additional income. We feel there is also the opportunity to introduce catering for private parties, funerals and weddings which could prove very lucrative. The price includes support from the outgoing franchisee for one week fulltime (37 hours) and a further 2 months as required on the phone.

This demonstrates that the outgoing franchisee is both proud of the business created so far and very keen to see the right person take the business to the next level. Food is extremely well packaged and always beautifully presented, delivered by accomplished uniformed staff in refrigerated vehicles.

The vehicles are included in the asking price. It is this attention to detail and professional approach which has lead to the success and longevity of the business.

TENURE

We are advised leasehold.
The original lease length is 5 years with 4 years and 3 months remaining.
Rent is £12,000 per annum including VAT.

STAFF

The business is owner run and managed with the assistance of 6 members of staff.

FINANCIAL PROFILE

The business reports a fantastic turnover of £225,162 per annum, with reported gross profit at £130,427.

In exchange for 10% of turnover the franchisor provides comprehensive benefits, listed below are some of the main ones, Full training for all new franchisees A online business management system, with this tool customers place orders online, receive automatic email confirmations, automatic email PDF invoices, the system automatically provides production planning based on the required number of meals. A range of menus all costed to generate your own expected Gross profit margin Supplier negotiations meaning group buying prices.

Artwork design and graphic design costs External consultants or training and legalities Email marketing Access to national accounts Physical support in presenting to larger accounts when needed.
The business is located in Kidderminster a town in the Wyre Forrest district of Worcestershire, around 17 miles from the City of Birmingham and approximately 6 miles from Worcester city centre. Jaspers T28 Ltd operates from a purpose fitted modern industrial unit on the Hartlebury Trading Estate, surrounded by many complementary businesses.

Located just off the busy A449 between Kidderminster and Worcester providing excellent road links and the M5 a short drive away connecting the business to the motorway network and to the rest of the country. Kidderminster has excellent public transport links with two railway stations and regular bus services and several major roads run through the town providing easy access to the area.
This single storey modern premise briefly comprises:- Open plan fully equipped catering kitchen, office, additional room used for either an office or staff room and mezzanine store area.

The fully commercial kitchen includes a double oven, walk in chiller, walk in freezer, double fridge/freezer, 3 triple stainless steel chiller units, ample stainless steel work areas and stainless steel sink units.

Two sign written refrigerated vans a 2008 and 2011 registered Renault Traffic are included in the asking price.

There are good parking facilities.