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Significant Food and Hospitality Business for Sale – Ref: 2902

$1,470,000 + SAV

  • Significant Food and Hospitality Business for Sale – Ref: 2902

Business Description

This highly successful food business has been operating successfully in the South East Queensland market for more than 25 years.

* $3.5Million projected turnover for 2016 with positive cash flows and a projected net profit in excess of $600,000;

* Turnover for 2015 of $$3,027,723 with a net return of $440,000;

* Lease to August 2016 with 2 x 3 year options in place;

* Gross rent of $7,328;

* Professional business run under management;

* Mostly repeat Government NGO and corporate clientele;

* Core permanent staff with a large casual staff component to adjust to peaks and troughs;

* Easy automatic ordering/production/invoicing/payment system in place;

* Excellent premises with a large capacity to increase production range;

* Potential for food production supplying retail, café and food truck markets;

* Mainly week day operation with potential to build and service weekend clients;

* Strong brand name across all its sectors;

* Huge potential for fresh management and marketing approach.

Outstanding business opportunity!

$1,470,000 + SAV

Broker: Hugo Martin 0411 617 140/hugo@absbrisbane.com
Head Office: 07 3368 4010/reception@absbrisbane.com

Business Features / Snapshot

Price: $1,470,000 + SAVTrial: no

Your Business Broker

Hugo Martin

Business Location

Brisbane, Queensland 4001