The company’s core service is operating canteens within secondary and third-level education settings throughout Ireland, offering students and staff freshly cooked, healthy meals and snacks each day.
The business supports the installation and running of new canteens in schools and colleges, which has strengthened the longevity of its relationships in the education sector.
The company also provides vending machines and water coolers to education, commercial and leisure premises.
Ongoing healthy eating initiatives and the sustained demand for catering solutions across education and non-education premises place the company in an advantageous position to pursue growth. This may include diversifying into full-service catering within workplaces and for events.
Our client is offering the company for sale to facilitate retirement plans.
Offers invited.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2023 (Actual) | 10,174 | 475 |
| 2024 (Actual) | 7,952 | 835 |
| 2025 (Actual) | 8,214 | 956 |
| 2026 (Forecast) | 8,509 | 1,010 |
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