Newly established Events & Catering business for sale.
- Asking Price: £84,995 +SAV
We are advised as per the 2020 accounts, the business generated a turnover in the region of £65,000, with an adjusted net profit in the region of £30,000. Full financials can be made available upon further request.
Please quote reference B06019
- Tenure: Business Only
Please quote reference B06019
Hilton Smythe are privileged to offer to the market a very exciting Events & Catering business with a full diary of new events booked for 2021.
The vibrant busines was first established by our client in 2018 who is now reluctantly selling due to pressures of his other business interests.
The business mainly advertises on Pop Top, Facebook, Instagram and Google, with a majority of the work coming from word of mouth or recommendations.
The growing business opportunity currently offers the following services –
- KD Events – a full mobile bar service for all sizes and types of events which can include an unlimited drinks package, choice of draught beer/ciders, cocktails, spirits, mixers, soft drinks, champagne & prosecco. The package will also include 2 x members of trained staff (1 mixologist & 1 x bartender).
- KD Kitchen – a cold buffet option for particular budgets for 30 to 1000 guests
- KD BBQ Selection – top quality burgers, hotdogs, chicken & kebabs used and cooked by experienced and dedicated team
- Dry Bar Hire – full equipped 4 metre long dry bar which includes all cocktail making equipment, glasses and if required a trained bartender.
- Event canapes – quirky and fun choice of canapes for corporate or party events with a theme. These are restaurant quality canapes for events of any scale or budget.
- Giant Hat Tipi Tents – choice of tents/sizes and made of strong tan canvas fabric with a rustic interior. Added extras include hay bales, luxury woven carpet, tables & chairs, fire pits, lighting, fully equipped bar, dance area, games area.
- KD BBQ & Hog Roast – in addition to the BBQ option, a full hog roast with choice of stuffing’s is available for 15 to 1000 guests.
- Gourmet Buffets – available for 30 – 1000 guests with an extended menu choice which comes with tablecloths, biodegradable cutlery, plates & napkins.
- KD Cocktail Bar – excellent choice of new and traditional cocktails with a choice of different packages as well as experienced mixologist included. They also have a Mobile draught chiller and beer pump
- Cash bar
- Unlimited bar
- Dry bar only
We are informed majority of the available dates are now booked for the remaining part of 2021.
There will also be a full business handover to ensure the smooth transition of all events to any new buyer.
Key Selling Points –
- Easily transferrable business
- Excellent reputation in place
- Choice of event sizes
- Future bookings in place
- Fully equipped
- Opportunity to grow
- Handover period offered
We are advised that the business is owner ran and managed.
The business is operating 24/7
Koulsdown Ltd (Poptop) is currently based at our client’s home in Essex and covers some of the South-easts most desirable locations including parts of London.
Any new owner to the business could keep the current areas covered or expand in surrounding areas to help the business further grow.
The following is also included in the sale (Approximately £40,000 assets included)
- 1 Stratus 72 tipi tent with carpet, 13m x 13 once fully open seats 80, stands 120, fairy lights & festoon lights with sheperd hooks, 4x4m wooden dancefloor = £10k
- 1 Mitsubishi (animaltruck) and customised trailer for tipi tent = £10k
- White & Gold leaf mobile bar + traditional wood bar with customised add on tiki bar with roof, 12 speed rail optics, easy drain away ice sinks, + 2 smaller bars for cocktails and small event, all come with 3 150 ltr commercial fridges and champagne fridge, glassware, cocktail equipment, full accesories & commercial blender, led bar light with 40 functions and modes. = £15k
- 2 x party tents 4m x 8m = £500
- 12 round tables + 12 trestle tables with 1oo backed chairs, chair covers and white table cloths
- 4 x Barrells used for high indoor/outdoor drinks tables with 16 barstools
- 2 x Outdoor heaters
- 4 x Outdoor picnic tables
- 1 Large BBQ
- Music ampifiers and speakers
- KD Events website = £2k
We are advised that the business is being sold on a Business Only basis.