Business For Sale Central Coast NSW Region, New South Wales
Business Category Catering
Sydney/central Coast/hunter Valley Function & Catering Business – Multi-award Winning, High Profit
Already with $220k of pre-booked functions!
This established and multiple award winning catering business is a family-owned business based on the Central Coast with over 25 years of experience and offers catering services across the Central Coast, Newcastle, Hunter Valley and Sydney in prime venues. It has both the experience and operational capacity to cater for up to 10,000 guests for race days, weddings, corporate functions, events and fundraisers, and is a very well trusted and professional company.
With the high vaccination rates, the lifting of lockdowns and of most Covid restrictions, the venues and function centres are gearing up for the return of the delayed, postponed, cancelled or even dreamed of weddings, celebrations, parties or corporate get-togthers. This function & catering business is primed to assist them all. Run fully under management , with all the recipes, procedures and embedded know-how of the staff, this business is a dream to take over and call your own.
FY21 suffered from the restrictions (number of guests, dancing/singing rules), but still turned a profit! FY20, excluding the lockdown period, averaged sales of $26k per week, with an impressive net profit (owner/operator) of $9k per week – primarily due to the low food costs and low labour costs associated with a well run and highly awarded catering businesses.
Their mission is to provide fresh, affordable food, matched to their client's specific needs through friendly professional service. Setting the benchmark for cafe operation and private catering has been achieved by always ensuring their products are fresh, original and environmentally sustainable. They locally source products, services and staff wherever possible and continuously look for ways to improve. This is reflected in their menus through the use of locally sourced products and serviced by locally skilled staff. By always being innovative they adapt to their customer requirements by always ensuring menus are current and on trend.
With an experienced, internationally trained team, they understand the importance of service excellence and aim to provide this at every guest interaction. The staff are knowledgeable in all areas of food production and service so are able to share this knowledge with the clients. The team have a depth and breadth of experience in all food and beverage operations including cafes, restaurants, bars and event centres.
The opportunity here is to capitalize on the solid award winning history of the business and with an invigorated approach seek out further market segments, venues and geographical regions (with an emphasis on Sydney). With an existing future cashflow already captured, a new owner has the luxury to work on the business expansion whilst being profitable at the same time.
Turnover (inc GST) $26,701
Net Profit $9,111
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