Currently on offer is a well-established catering business that has been operating for more than 20 years. It is well-known as one of Melbourne’s leading catering businesses.
*$125,000 worth of plant and equipment (including 3 refrigerated vans)
*480 sqm premises with huge and impressive commercial kitchen and 3 cool rooms
*20-year operational history
*$35,000 average weekly takings
*$1,500 per week wage and super for the owner in 2022
Con Tsonis and the team at LINK Melbourne are delighted to bring to the market this catering business that has cultivated an exceptional history of success. It specialises in corporate events and weddings among other festivities. The business has arrangements with several event and wedding venues, enabling it to derive substantial revenue as the preferred caterer and event planner of its clients.
Aside from working with venues, the business is the preferred supplier for several local councils, universities and corporations. As such, it benefits from consistent revenue from its highly loyal clients.
Operating the business semi-under management is a full team of chefs and an administrative team. Several casual service staff are hired on a per-event basis depending on the client’s needs. While the owner works part-time in the business, he drew $1,000 per week in wages plus a $500 per week super in 2022.
The location of the business is strategically positioned in an inner-city suburb. Aside from catering, the extensive premises may be utilised for different types of food and beverage production.
To learn more about this exciting opportunity, contact me today! I would be glad to provide more details about this business to qualified purchasers.
Listing ID: 16873
Broker: Con Tsonis
Phone: 0411 744 466
*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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