Listed for sale is a rare 2-in-1 business with a thriving catering and cheese-cutting arm. It is a longstanding family-owned business established in 1989, mainly deriving substantial revenue from being the preferred caterer for multiple racing clubs and function centres across Victoria. Recently, it has also started cutting and cryo-vacuuming cheese, diversifying its revenue streams. As such, this business presents an ideal investment opportunity suited for experienced owners or existing food service operators seeking to expand their market reach and their service capabilities.
*Taking $15,625 PW
*Gross Profit at $513,212 PA
*HCCAP-certified production kitchen
*P&E worth $80,000
*Freehold option: $900,000
Tony Latessa and the team at LINK Melbourne are delighted to present a longstanding and highly profitable catering and cheese-cutting business to the market.
Since 1989, this business has been providing a long list of prominent racing clubs and function venues across Victoria with outstanding catering services. Notwithstanding its excellent client database and high volume of bookings annually, it is simple to operate with minimal weekend and night work required.
During the pandemic, the business established its cheese-cutting arm, which currently cuts and packages cheese for an importer who then distributes the products to supermarkets and delis across the region. The owners are running the cheese-cutting arm 58 hours per week, which could be improved further to boost revenue.
Notably, the business has a state-of-the-art HCCAP-approved kitchen, presenting massive opportunities for all types of food production. It is equipped with a comprehensive range of plant and equipment, including walk-in cool rooms, freezers, ovens, and other expensive equipment.
With its strong industry ties and impressive client base, this unique acquisition opportunity is perfect for strategic purchasers seeking a scalable and lucrative business opportunity.
Don’t miss out on this incredible offer! Call Tony today to learn more.
Listing ID: 17061
Broker: Tony Latessa
Phone: +61 3 9819 4211 / +61 412 525 151
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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