Business Description

THE PERFECT BUSINESS

SUPERB CATERING BUSINESS OPPORTUNITY

OWNER ADMIN ONLY AND VIRTUALLY UNDER MANAGEMENT

CONSISTENT NET PROFIT UNDER MANAGEMENT

ASKING $350,000 PLUS STOCK APPROX $20,000

Introducing the Perfect Catering Business Opportunity in Perth’s South

We are pleased to offer for sale this superb Catering business. Operating under management the business is an excellent money maker, firmly established and well recognized iconic business with immaculate presentation. It operates from modern premises and is an excellent business  operating strongly in a highly populated and busy area in Perth Western Australia.

The business operates professionally with all systems and procedures in place. The business offers the buyer a perfect turnkey operation with continuing experienced staff and ensuring a smooth transition and takeover for a new owner.

This business is an excellent opportunity and would be great investment under management as an addition to a corporate hospitality portfolio, as well as the perfect business for a family or partnership in the food/restaurant industry wishing to add their expertise and take the business to the next level. Growth potential is excellent for the buyer wanting to expand and grow turnover, with solid repeat customers and new business coming in all the time, the business is strong and secure with sales turnover over a million per year. YTD July to December 23 turnover was $546,000 and continues to grow.

The business operations are versatile and customers range from corporate and special functions to weddings, parties and social gatherings, catering to every occasion. The business is a full service catering company. Not only offering delectable menus and food services, the business’s offerings include extensive planning and organizing the whole event for the client from venue, hire equipment, linen, glassware, bar and service staff and set up.

Recognized for it’s exceptional service, the business is a preferred caterer for a number of associations and organizations, whether it is for a cocktail party, a buffet, a wedding  reception or a corporate function. The business offers a range of menus as well as custom menus and service style that suits each client’s needs and budget.

Operating from a professional commercial catering kitchen located in a modern factory unit building, with a good lease and low rent of only $2,700 rent pcm.

Some key features that tick the boxes for the buyer:

• The business will, under a conditional contract, pass the most severe Due Diligence.
• Under Management with fully Staffed professional operation.
• Superb set up. Modern. New. Not A penny extra to spend.
• Owner works in Overseer Capacity Only. Great for the Buyer
• The right Demographics: The Location and its surrounds have a strong growing population.
• Growing plus Loyal Repeat Customer Base.
• Exclusive and Very Busy.
• The business enjoys very good gross margin (GP) of 80%.
• The business is easy to learn, interesting and easy to operate
• Business model with all procedures and systems documented in place. Excellent training and support with handover
• The product is not ‘blue sky”. This catering business provides an in demand continuing service that continues to grow.
• With continuing management and staff, the buyer will find the operation is simple and easy to run.
• The Seller also offers full training/assistance to to the buyer ensuring a smooth and seamless transition.

IN SUMMARY:

The business provides catering services fantastic for every occasion, including special functions, home party catering, etc. It is an amazing business and has been operating for many years. Turnover annually is over a million dollars with an excellent GP. The GP percentage is over 80%. It is run virtually under management. The owner has all the systems in place, including all the software. The business provides conference catering, business lunches, boat catering, corporate catering, special events, occasions, weddings, etc. It provides impeccable service and quality delicious foods with a passionate team that delivers a friendly and professional experience. It is the preferred caterer for many leading associations and organizations. The business is an award winner and operates from excellent commercial kitchen premises in a modern factory unit run by a talented team of staff, function coordinators, chefs, wait staff for every event. It has proven time and time again and is poised for continuing growth and it spirals upwards. Exceptional service, exceptional menus, ideal business to take over as an add-on for a corporate or an ideal family business to take over and continue the profits.

The business is offered for sale with a Net Profits circa $130,000 PA +++ (Net Profit July-Dec 2023 6 months was $79,188)

At an asking price of $350,000 plus stock $20,000 (subject to stock take) – an excellent business opportunity for the new Owner.

For information on this business please telephone the selling agents: JP Real Estate & Business Agents on 0418 514 577 or 0402 158 225

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complete the email enquiry form on this web page and submit for further information.

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