Need stocktaking and auditing & consultancy services for your Independent, Boutique, Country or Corporate Hotel?
We provide stock taking services to:
• Independent Hotels
• Boutique Hotels
• Country House Hotels
• Corporate Hotels
• Inns
Supporting you and your team to run a successful hotel
There are only FOUR things that will make your hotel successful:
- Control Costs.
- Attract More Customers.
- Increase the number of times your existing customers visit.
- Increase the average spend per customer.
Food and drink sales are a vital source of revenue and marketing for any Hotel business. If you have a well tun Food & Beverage operation it will increase the numbers of customers and also increase repeat business from your existing customers.
This means that management of F&B costs is a major challenge for any hotel, whether you are a small independent or a chain of international hotels.
What does a stocktaking visit to a Hotel or Inn include?
• A full accurate count of all stock and a stock inventory prepared
• Paperwork sorted and collated onto our dedicated stocktaking system
• Cost Prices and Bar Prices updated
• All allowances/promotions taken into account and where EPOS tills are used by the client, they are read so stock variances can be identified.
• Stock reports printed on site
• Out of date stock identified
• Meeting with Client or Manager to discuss the results.
• Provide written report if required.
• Additional services: Cash Count and Safe Check, Utility Meter Readings.
Multi-Bars
Often larger hotels will have multiple bars often with different pricing structures, we can provide reports for each separate bar as well as an overall one for the entire hotel.
Multi-sites
If you have more than one hotel in your portfolio then we are able to provide you with group reports for both Food & wet stocktakes. We can also transfer stock between sites.
Selling Up or Buying?
If you are in the process of buying or selling your hotel then you will need a stock at valuation (SAV) on the day of hand over. We work to the ILTSA code of practice for Valuations and can work for the Seller or Buyer or for both. You will get a valuation certificate for your accountant and it will also include all Utility Readings.
However, if you have not yet put your Hotel on the market we can put you in touch with a friendly Business Transfer Agent, who is an expert in the Hotel sector and can advise on your options.
Independent Hotel Stocktaking/Audits & consultancy in Cambridgeshire, Lincolnshire, Northamptonshire and East of England.
Sterling Stock Auditors are your independent stocktakers, conducting stocktaking for Independent Hotels, Boutique Hotels, Corporate Hotels and Inns across Cambridgeshire, Lincolnshire and Northamptonshire. Based in Peterborough, Hotels in East Anglia, East Midlands and London are within easy reach including, Cambridge, Birmingham, Northampton, Norwich, Kings Lynn, Grantham, Northampton and London.