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Listing Id: 36062 Last Refreshed: 01/04/2025 Total Views: 21 Broker Ref: 23651

Highly Profitable & Thriving Catering Business Statewide Franchise

Hobart, TasmaniaFood Catering
Asking Price: $530,000
Business For Takeover
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Overview

  • Premise Type N/A
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  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

This is a rare opportunity to acquire a highly profitable, well-known mobile catering business servicing events across Tasmania.

This company has been operating in Tasmania for over 30 years. The business has built a stellar reputation for providing quality catering at weddings, corporate events, Christmas parties, sporting clubs, and private functions.

Backed by a trusted national franchise, this business operates with streamlined systems, brand recognition, and ongoing franchise support, allowing for easy management and strong profitability. Currently, the business operates with 2 owners who are drawing over $240,000 per annum in earnings

Key Highlights:
Long-established and highly regarded Operating for over 30 years
Fully mobile business No fixed premises, can be run from anywhere in Tasmania
Consistently high revenue & profits Forecasted net profit of $157K in FY2025
Diverse revenue streams Weddings (34%), Christmas functions (24%), sporting events (20%)
Loyal repeat customers Corporate clients, government agencies, and private bookings
Recognised as a leader in the industry Multiple national franchise awards
Location: Tasmania (Can be run anywhere)
Annual Sales: $593,925 (FY2024) | $623,952 (Conservative Forecast (FY2025)
Net Profit: $153,442 (FY2024) | $157,635 (Conservative Forecast (FY2025)

Why This Business
Low overheads No lease costs, keeping expenses minimal
Highly Profitable Owners making $157,000 profit per year after paying themselves a good wage
Flexible operations Work as much or as little as you like
Straightforward & efficient booking system Making client management easy
Strong franchise support Marketing assistance, website, and 1300 number included
Statewide operation own all 3 Franchises Statewide- Hobart, Launceston, Devonport
Scalable growth potential Huge opportunities to expand and increase revenue

Future Growth Opportunities
Expand the transport fleet to increase event capacity
Secure exclusive catering contracts with event venues and clubs
Enhance digital marketing strategies to generate more leads

Flexible, Profitable & Ready for New Ownership

With no fixed location, this business can be operated from anywhere in Tasmania, giving you the freedom to work on your terms while servicing clients statewide. With strong demand, an established brand, and consistent profitability, this is an opportunity you don't want to miss!
Sale Price: $530,000 WIWO

For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://form-morgan-business.web.app/form/Xww8gf5gvu8G1r3HsgO1

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