For Sale

Multi-Facet Professional Catering

Portsmouth, Hampshire

£74,995 +SAV

Ref: 13802 I

Contact sales negotiator

Matthew Monks

01204556319

Email Matthew Monks

Share this property
Share

Description

Hilton Smythe is delighted to present to the market Bocadillos Catering Portsmouth Ltd.
Established by our client in 2006 and run from this modern industrial unit since 2016, the business is now being sold as our client is relocating.

The business specialised in both outside catering events for business lunches and corporate catering, canapes, private catering, van, a lunch trolley service and commercial vending machines.

Van run - operates Monday to Friday with six main stops each day supplying offices, call centres in and around Portsmouth. The larger call centre sites also receive a trolley service managed from the van.

Vending machine are located in factories in Havant and are supplied with drinks and confectionery by our client.

Outside catering – our client has gown an excellent reputation for business lunches and is a preferred caterer for schools, Hilcrest child services, civic centre, transport company's and Lidl. Our client offers menu choices from £4 per head for quick bites to £10.95 for deluxe business lunches. On average our client caters for a minimum of 4-5 orders per day.

Weekends – our client only chooses work close to home such as providing packed lunches for charity bike rides, family day out festivals or corporate BBQs for clients such as Lidl. The business is located across from a catering equipment hire company which he has a good relationship with, he uses equipment when requested to cater for full day or weekend corporate trading events where he can provide breakfast, lunches and evening menus. Christmas is particular busy when a range of festive buffets for 50 people are high in demand.

Opportunity to grow the business more would be to cater for weddings, funerals and smaller private parties; however, due to family commitments our client chooses not to take this on currently.

Tenure

Leasehold

Leasehold business opportunity.

Rolling lease on a large site.
Rent only £6,516 per annum.

Hours

Operates mainly-
Monday to Friday 9am – 2pm
Some weekend work.

Staff

Owner works full time
Part time van driver working 9am – 1pm
2 x kitchen staff working 9am - 1pm
All Monday to Friday

Financial Profile

2016 figures - turnover £159,004, gross profit of £78,653.
Net profit available upon request.
Equipment value more than £25,000.

Location

Bocadillos is located on a privately owned industrial estate in Portsmouth, Hampshire.

Located on a popular industrial site with over 50 other businesses.
Lots of free parking directly in front of unit with easy access for the delivery van.
Fully alarmed unit with roller shutter door.
2 minutes to Hillsea train station, 5 mins to the centre of Portsmouth and the harbour.

Premises

Refrigerated Renault van
Black Corsa
White Peugeot car
Glass fronted vending machine

Industrial unit –
Floor standing storage racking
Glass fronted fridge
Upright stainless steel fridge
Wide upright freezer
Chest freezer
Triple stainless steel preparation chilled unit
Double stainless steel preparation unit

Office area –
Desk
Office chair

Kitchen -
3 x stainless steel preparation tables
Wall mounted cupboards and base units
Stainless steel sink
Tray trolley
Commercial microwave
Grill
Large extraction unit
Large stainless steel preparation sinks
Blue seal turbofan oven
Catering trays
Wall mounted shelving

Read some of our helpful guides and blogs

Blogs

10 brilliantly designed restaurants in the UK

7th October 2016

As a Business Brokers, we’ve come across many restaurants all different sizes […]

Blogs

10 ways to advertise your business for free

28th May 2015

Advertising can be expensive, however when you’re just starting out or are […]

Blogs

4 things to consider when you sell a business

4th January 2018

Every major decision requires careful thought and consideration, and very few decisions […]

Blogs

4 ways to attract buyers to your Fish & Chip Shop

19th February 2018

Despite the ever-increasing range of fast food options available to us in […]