Iconic Managed Hospitality Business, ROI of 30%

Auckland City

Price On Application

Proposed Usage
Retail
Description:
Property ID
1c6m8tt

Established in 1994, by a highly regarded and experienced chef, this business has evolved from a boutique catering kitchen into Auckland's most respected hospitality company, well equipped to carry out all types of catering work.

The company operates from a purpose-built commercial kitchen including a temperature-controlled pastry section, large plating preparation and production areas, and a full-size loading dock with a fleet of branded delivery vehicles.

Due to a strong brand presence, this company is a go-to hospitality provider and has offered its services at some of Auckland's most stunning venues and high-profile events. The business has consistently made over $4M in sales for the past three financial years. Their staff is experienced and have skills to guide the organisation through successive stages of growth.

They have an extensive customer base including venue and catering contracts. From August 2019, a considerable forward pipeline revenue of $1.7m is in place, reducing risks for any potential purchaser.

There are various elements that make the company an attractive acquisition. Prospective buyers will benefit from the business's excellent reputation; existing contracts and numerous overhead and capital savings relating to staff, plant and equipment!

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Contact Pauras - 021 155 8107.

Price on Application

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