Catering & Cafe, $1m Replacement Asset Value

Opportunity for a strategic buyer to enter the catering market for a fraction of the setup costs. With replacement asset value of $1M, great local reputation and full financials available, this is definitely one to consider. This business has been a Canberra local favourite for 20+ years with the current founding owner and further opportunity to purchase the freehold.

With an annual rent at only 7% of turnover, this business presents a lucrative investment opportunity either as a standalone venture or as an addition to an existing business portfolio. With all the equipment and infrastructure in place, a driven and experienced operator can easily see and take advantage of this opportunity.

For a strategic buyer, this opportunity could also serve as a centralised kitchen for a multi-site operation.

Additionally, as our client owns the premises, theres potential to discuss purchasing the buildingan added opportunity for expansion and stability.

Key Features:

Established Reputation: With over 20 years of experience and a loyal customer base, this multi award-winning catering business has built a stellar reputation locally for delivering exceptional experiences for events of all sizes and occasions.

Cafe Outlet: The cafe outlet at the front of the premises serves as a retail showcase for the catering business while offering excellent coffee and a diverse menu, including extensive gluten and dairy-free options, catering to a wide range of dietary preferences.

Fully Equipped Kitchen: Take advantage of the state-of-the-art kitchen facilities, outfitted with high-quality equipment, designed to streamline operations for maximum efficiency and productivity.

Comprehensive Infrastructure: From catering order management systems to streamlined processes, the comprehensive infrastructure provides the tools and resources necessary to seamlessly manage day-to-day operations and drive business growth.

Fleet of Vehicles: Includes a fleet of refrigerated vehicles enabling seamless transportation of catering goods to venues across the Canberra region, ensuring timely delivery and impeccable service for every event.

COGS 35%

Wages 31%

Op Exp 17% **

Rent 7%

NP 10%

**Op Exp present higher due to vehicles

Lease Details

A new 5 x 5 year lease. - CPI. increases A Three month bond is required - bank guarantee

Premises Details

Block size: 214 m approx. Retail size: 154 m approx.- Toilet, Full commercial kitchen and store room. Outdoor seating area, rear roller door access

Staff Details

The business is currently run with 4 Full Time chefs plus owner and 5 casual team members across the catering and cafe outlet.

Opening Hours

Catering 6 days Mon Sat (Sundays on special request with minimum spend)

Cafe 5 Days Tuesday Friday 7am 2pm, Saturdays 9am 2pm.