Inside Outside Catering - Case Study

Scenario

Inside Out Catering in North Yorkshire was a highly profitable concern showing a net profit of over £50,000. The business was worked in easy hours and occasionally serviced the corporate market and many local businesses, typically catering for weddings and functions over the weekend. The catering kitchen was very well equipped, consisting of industry-standard equipment. The premises were held on a secure lease, charged low rent and included one refrigerated vehicle.

Solution

We sourced a reputable buyer with over 20 years’ experience in the catering industry who was responsible for overseeing catering services for the likes of the Royal Ascot, Wimbledon, and The RHS Chelsea Flower Show.

"The new business owner had a clear talent in the catering field and was biding time until the appropriate opportunity came to light. The structure for the catering business was ideal for the buyer, resulting in a smooth sale. " Jonathan Holmes – Selling My Business