Catering and Events Specialists Newcastle

Industry: Food/Hospitality - Café/Coffee Shop, Food/Hospitality - Catering, Food/Hospitality - Restaurant | Listed by: Business Brokers Network Australia
Key Strengths
About this business
This business has demonstrated consistent financial security and profitability to its owners who still enjoy 6-8 weeks off per year and a flexible working roster.

The business is an iconic brand within the catering sector especially with corporate events and weddings, servicing a broad region including Newcastle, Lake Macquarie, the Hunter Valley and Port Stephens. Whilst this business is currently Newcastle based, this business could be located anywhere in the region due to the mobile nature of the catering business.

This business model, unlike cafes and restaurants, enjoys high margins, with no food and beverage wastage or stock on hand requirements. Other benefits include having direct and planned labour costs for every event and being able to book and plan well in advance. The business has enjoyed organic growth with constant bookings and repeat business.

The adjusted Net Profit to the working owner for EOFY2018 is approximately $213,000 which represents an impressive return on the business asking price of just $169,000.

If you are interested in finding out more about this quality opportunity, please email info@merchantbrokers.com.au or visit www.merchantbrokers.com.au or call 1300broker.
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Business Name / Ref #:
Contact Advertiser
Location:
Newcastle
NSW
Asking Price:
$169,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
1300 27.....
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Advertiser Details

Your Business Broker Specialist
Location: GPO Box 2068
Brisbane, Queensland
4001, Australia

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All Comments

Catering and Events Specialists Newcastle ListingImage
About this business
This business has demonstrated consistent financial security and profitability to its owners who still enjoy 6-8 weeks off per year and a flexible working roster.

The business is an iconic brand within the catering sector especially with corporate events and weddings, servicing a broad region including Newcastle, Lake Macquarie, the Hunter Valley and Port Stephens. Whilst this business is currently Newcastle based, this business could be located anywhere in the region due to the mobile nature of the catering business.

This business model, unlike cafes and restaurants, enjoys high margins, with no food and beverage wastage or stock on hand requirements. Other benefits include having direct and planned labour costs for every event and being able to book and plan well in advance. The business has enjoyed organic growth with constant bookings and repeat business.

The adjusted Net Profit to the working owner for EOFY2018 is approximately $213,000 which represents an impressive return on the business asking price of just $169,000.

If you are interested in finding out more about this quality opportunity, please email info@merchantbrokers.com.au or visit www.merchantbrokers.com.au or call 1300broker.

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$169,000

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