Business description

Specialist Manufacturer & Supplier of Storage Containers for Glassware Chinaware & General Catering Equipment

Established by the vendors in 2000, this business specialises in manufacturing and supplying plastic storage containers for glassware, chinaware and general catering equipment, which are used by catering companies for moving or storing these items. The business also manufacture bespoke boxes as required by individual customers and the catering industry.

The storage containers are used to safely store and transport items without causing any damage. The wide range of products include cost effective, colourful, lightweight and long lasting durable containers plus glass racks for storing glassware. The business also provides standard crate size containers for chinaware and general catering equipment boxes.

This business specialise in providing cost-effective storage and packing for the catering industry, offering a full range of catering equipment and supplies that is constantly being updated, keeping the business ahead of any competition. The product manufactured is of a high quality and regular customers recognise this as a major strength of the company.

The business are predominantly in London but covers the whole of the UK with online orders. The business has the reputation of responding quickly to customer needs and delivers the product on time. Key assets are found in the business’s well-established, well-defined customer base creating repeat sales through its excellent client service.

The business has developed a reputation for integrity and continued commitment to a prompt, reliable and efficient service. This is a unique opportunity to purchase such a popular, branded and well established business offering an ideal lifestyle change opportunity. There is excellent potential for further growth within the current structure.

Equipment:

The business has all the necessary equipment required for the successful daily operation of the business. Two sign written vans are included in the sale. SAGE software is used for smooth and effective business transactions.

Customer Service:

Central to the company success is its total commitment to quality and customer care, which is the area where the reputation of the business can be made or lost. Understanding this has meant that the business has prioritised this area to deliver its customer relationship management strategy.

Customer service is paramount and at the centre of the company’s approach to doing business. In terms of logistics, the key goals for customer service are reliability, speed of delivery with orders delivered complete and undamaged.

The company are proud of the service that is offered to customers. The results of this commitment are evident in the degree of return custom and the choice of this business by new customers over competitors.

Key Strengths:

The company has earned an outstanding reputation for its professionalism, vast product knowledge, and qualified service engineers. It develops and presents all its catering services with the utmost attention to detail, offering a high quality of service on time, efficient job completions, and excellent quality of work. This company benefits from plenty of repeat contracts many being sourced via word of mouth, due to the company’s high quality standards and efficient performance.

Financial Information:

The business is offered for sale as a going concern. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable with low overheads, positive cash flow, high gross and high net profit and has shown consistent growth over 10 years of trading.

The business currently achieves turnover of circa £227,000 per annum, with stock circa £20,000 and assets circa £12,000.

Property information

Property:

Leasehold

Lease terms:

The premises are on a rolling two year lease with current rent of £8,750 per annum and rates payable of £3,000.

Location:

The premises are situated in a prime location and are an extensive facility that is fully equipped and provides well-suited space for this business. The Company occupies a modern, well maintained secure unit, on a vibrant rural industrial site.

The premises comprises of office and workshop with the usual facilities. Ample parking is available with the premises. The premises are on a rolling two year lease with current rent of £8,750 per annum and rates payable of £3,000.

Other information

Expansion potential:

There are excellent opportunities to increase the levels of business. Since inception this business has performed to a high standard and has earned wide-recognition for the level of services provided for its clients. The current owners accept that more effort in marketing can increase sales. As the business is predominantly present in London, an opportunity exists to increase the customer base throughout the UK.

Competition / Market:

By far the most cost effective marketing for this business comes from the strong word of mouth recommendation and client referrals, testimony to the excellent reputation this business has for its unique, high quality product range, particularly amongst its regular clientele. The business has an informative website, which allows the user to source details regarding the business and the range of products on offer. The business has found that the site has performed well and consistent growth will be achieved by building on this success.

Support & training:

The owner will be happy to assist with full hand over and training to ensure a smooth transition of the business to its new owners.

Reasons for selling:

The owner is planning to emigrate.

Trading hours:

The business currently trades Monday to Friday from 08.30am to 04.30pm.