Reference No: TDHH1220

Catering and Events
Gosford NSW

Price: $299,000

Catering Business – Weddings/Functions For Sale

Already with a number of pre-booked functions into 2023!

This well established and multiple award winning wedding and function catering business is a family-owned business 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.

All NSW venues and function centres have experienced the return of the delayed, postponed, cancelled or even dreamed of weddings, celebrations, parties or corporate get-togethers. This function & catering business is in a prime position to capitalise on the demand. 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. A refrigerated truck and a complete mobile kitchen is also included.

FY21 suffered from the restrictions (number of guests, 4 square metre, 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.

The business comes with a fully fitted mobile kitchen as well as a refrigerated truck and all the necessary equipment, dinnerware, serving ware and utensils required for such an operation.

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 capitalise 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.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Staff No
The business is currently run under management with the following total 9 staff:
1 x Full Time Head Chef
1 x Full Time Chef
1 x Full Time Events Manager
6 x Casual Front of House Staff

Dependant on function and size of function, the following can be used as guides for staffing levels"

Cocktail and grazing : 1 staff member to 65 guests plus 1 chef (max of 130pp)
Table sharing : 1 staff member to 50 guests plus 1 chef and 1 kitchenhand (max of 150pp)
Sit down : 1 staff member to 30 guests plus 2 chefs plus one kitchen hand


Trading Times
From 4 – 8 hours per function
Multiple functions per day possible
Friday, Saturday and Sunday are busiest trade days – can operate 7 days/nights a week


Opportunity
The opportunity here is to capitalise 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.

**Weekly**
Turnover (inc GST) $26,701.00
Wages $5,727.00
Net Profit $9,111.00

Show More
Price: $299,000
GSE Business Consultants
Address:
Level 32, 101 Miller Street
North Sydney, NSW, 2060

View Website

Contact: Tas Dasios
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