Successful Catering Business in Newcastle and Hunter Valley

Price: $89,900 (Including stock of approximately $10,000)
High 6 figure turnover with 80% growth in 3 years, 7 years operating with large clientele

Key Sale Highlights

This listing is posted by a private seller

Business Overview

This well-established and highly regarded corporate catering business offers an array of platter boxes and grazing tables specifically designed for private functions and regular corporate clients including but not limited to NIB, University of Newcastle, Spark Helmore Lawyers, Mater Calvary Hospital and Newcastle Coal.

The council approved kitchen and office is ideally located in the new commercial hub of Mayfield’s “Steel River” Industrial estate (providing easy access to Newcastle CBD, Port Stephens and the Hunter Valley Vineyards). The space consists of an 81 sqm warehouse which includes a commercial kitchen space with commercial grade food preparation area (cold food only, no hot food options) and plenty of storage. The premises also includes a toilet, shower and hand wash basin. There is an additional mezzanine area offering more storage and office space. The warehouse is in a secure gated complex with secure alarm systems and includes 2 car spaces as well ample parking options on riverside drive.

No cooking experience or chef trade required with full training provided by the current owners. Current catering options are simple, easy to prepare menu using quality produce from local wholesalers that deliver to premises daily. A full step by step ordering and food preparation manual from start to finish will be provided by the current owners. Software systems available for all orders and sales.

Option to secure a long lease with landlord (potential 5 x 5 or 3 x 3-year lease)

Plant and Equipment & Business Set Up Value – Approximate value of $50,000 (fully owned)

This secure business continues to show year on year growth, it has nearly tripled the sales income within the last 3 years with a turn over of high six figures.

Business is only on the market due to growing family commitments of partners.

Financials

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Location Details

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This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

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