Listing status: Inactive

Payment not completed Reason:

Established University Cafe/Catering Business, many locations (Our Ref: V1848)

Industry: Professional - All, Professional - All | Listed by: Paramount Business Brokers


Key Strengths:


About the business

- Business taking approximately $26,000 per week operating out of two venues and catering
- This established and well known catering company has been operating for over 35 years.
- Outstanding team providing a unique experience for every event with set menus and drinks.
- Provides unique catering options and delivering exquisite food and exceptional service.
- Providing catering for all events from birthdays, cocktail engagements to lavish weddings.
- Venues also known to hold/cater for school events, corporate events and government functions.
- Thriving business includes multiple venues, facilitating events all over Melbourne/Victoria.
- Widely known and very well-renowned throughout Victoria with high online exposure
- Excellent online presence including a professional website and multiple social media platforms.
- Booming business operating with over 30 casual staff, 1 full-timer and 1 owner on-hand
- Strong partnership in place with Monash University for over 14 years, as well as corporates
- Rare opportunity to purchase an outstanding business with 35 years of history and operations.
- Call us today to request further information and receive a detailed Information package

**Exclusive to Paramount Business Brokers (Our Ref V1848)
**Some Images Used for Illustration Purposes Only

“The statements and financial information relating to the subject business are based solely on information supplied by the vendor to Paramount Business Brokers (Paramount) and therefore Paramount does not warrant the accuracy of such statements and financial information and specifically excludes any liability in relation to same. Paramount strongly recommends that any prospective purchaser of the business seeks its own independent legal, accounting and financial advice and conducts its own due diligence of the business.”
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Asking Price:
$479,000
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Advertiser Details
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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