Lifestyle Catering Business Est.10 Years
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
This highly successful dual-branded Sydney catering business is an ideal growth opportunity for an existing catering business owner, an extension for a café/restaurant owner, or the birth of a food dream for an experienced hospitality operator embarking upon their own business.
Specialising in private parties, weddings and corporate events, the focus is on simple and delicious food prepared onsite with minimal labour cost involved. The owner has developed highly efficient kitchen production techniques which enable food preparation for up to 1000 serves in two days with only two chefs. All food is prepared fresh, giving a high quality finished product and zero food wastage. Both catering brands have an incredibly strong online marketing presence, with a substantial and ever growing customer database, plus the luxury of ongoing new business enquiry.
*Price $130,000 all inclusive
*Revenue $350k to $400k pa
*2019 Adjusted Net Profit is $91,000
(YTD as at March 2019)
*Equipment value Included $90k
*The Commercial Kitchen premises is currently on a lease ending November 2020 plus three (3) year option
(opportunity to operate from the current commercial kitchen premises or absorb the business into your own location)
• Ten (10) years of brand loyalty
• Turnover growth - 10% each year
• Highly profitable - 80% gross profit
• Low overheads - 5% rental cost
• Large active database - over 4,600 contacts
• Enquiries 1,150 per year/22 per week
• Streamlined procedures and policies
(smooth operational handover)
• Strong marketing strategy under management
• Three delivery vans - fully owned
• Ability to cater for 20 to 1000 guests
• Bookings made three months in advance
(with deposits paid)
Current owner works only four (4) days per week.
Depending on the number of events booked per week: 2 up to 8 casual chefs (consistent team of chefs, no entitlements outstanding and the new owner can decide whether to maintain employment).
Wait staff and barman are currently sub-contracted depending on demand; to minimise wage costs.
Register your interest with Barn today on 0409 444 555