The business benefits from a long lease, cheap rent and trades 5 days a week, allowing for ample opportunity for further growth and development in the hands of a passionate food-industry entrepreneur.
About the Business
Annual Turnover of over $850K; Over $500K in Gross Profit Per Annum; Fantastic low rent of $45K Per Annum; Annual Adjusted Net Profit of over $115K; Established for over 30 Years; Fantastic reputation and solid client base; Several Catering Contracts in place. Mark Scott and the team at LINK New South Wales, are proud to bring to the market a reputable Catering Business servicing the North Shore and greater Sydney area. Well established Catering business servicing the North Shore and greater Sydney area, with a strong client base and contracts already in place.
Operating for 30 years, it is the first time in 10 years that this business has been brought to the market. This Catering Business has developed and nurtured their relationships with their clients, resulting in a solid repeat customer base with several contracts already in place.
This profitable business has experienced great financial results, with an annual turnover exceeding $855K and an Adjusted Net Profit of over $115K. The business benefits from a long lease, cheap rent and trades 5 days a week, allowing for ample opportunity for further growth and development in the hands of a passionate food-industry entrepreneur.
Listing ID: NSW09220
Broker: Mark Scott
Phone: +61 2 9899 1999
Mobile: +61 447 219 799
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THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF