Price
$1,250,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Gold Coast Region, Gold Coast
Category
Food/Hospitality, Catering
Listing #
GC00687
This well-established business created by the current owners has been operating for some 15 years.
It has withstood the pressures of the GFC and COVID-19 whilst their competitor’s fold.
The business supplies quality food products and service to a range of businesses including schools, prisons, hotels, function centres and kindergartens amongst a host of others.
This business is at a stage where it is the ideal opportunity for a new owner to take it to a higher level as the current owners wish to retire.
* Quality commercial catering business
* High range of quality produce
* Excellent team in place
* Turnovers in excess of $3,000,000pa
* This last financial year will show a net profit in excess of $720,000
* Established since 2006 by the current owners
* Excellent clientele base with contracts in place
* Excellent reputation in the market place
* Perfect opportunity for a new owner to brand meals in this COVID world.
This is a perfect opportunity for a new owner or owners to further develop this business.
Asking Price: $1,250,000 + SAV
For full details contact Glen Dixon
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*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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