Established, profitable, regional, premium Catering Business - the local market leader for 30 plus years.
High Street-fronting Commercial Kitchen in a strong growth area
Long term, loyal, blue-chip Client list.
Annually recurring major Functions.
Annual turnover consistently above $1M, annual net profit around $300K.
Turnkey - walk-in to a fully equipped, multi-faceted business
Negotiable Owner Transition Period through to the end of 2026.
Multiple Business Growth strategies to pursue
Established over 30 years ago, this is the leading event catering business in the Upper Hunter region, with an outstanding reputation for high-quality service and food.
The business is housed in a self-owned, fully equipped commercial kitchen with 6-metre
frontage to Scone township’s recently revitalised main shopping strip. The 163 SQM property includes Kitchen, Coolroom, Wash-up, Office, storage and off-street parking.
A recent Market Appraisal for the property valued it at $450,000 - $455,000.
This is a multi-faceted hospitality company and the business is closely aligned with the local Thoroughbred Breeding and Racing Industry with many long-term clients in that sector for whom the business provides corporate catering services.
Aside from being the area’s go-to caterer for events and weddings, there are several annually recurring large-scale local events. The business is also currently operating 2 weekday staff canteens on Thoroughbred Studs.
The business enjoys ongoing relationships with all the various Function Centres in the area and can also host private dinners for up to 28 pax in the commercial kitchen.
Various opportunities exist to further grow the business; it currently has a minimal online footprint and an under-utilised High street Frontage with food retail and dining-in strategies that could be explored. Nor have the current owners actively pursued the lower Hunter wedding market.
Scone, the ‘Horse Capital of Australia’ is situated in the Upper Hunter Valley around 3 hours north of Sydney. With a stunning environment, good schools and a relaxed lifestyle the town is enjoying a real estate boom and strong growth as a tree-change destination. It is home to the Scone Horse Festival, Warbirds Museum and Warbirds Over Scone Airshow, Scone Literary Festival, the thoroughbred breeding industry and a close-knit welcoming country community.
Financials and Equipment Inventory available on request.
Asking $842,000 (Building $475,000, Equipment $67,000, Business $300,000) plus Stock on Hand
