$250,000 + SAV for the Business and $850,000 for the Freehold Property
About this opportunity
Experienced Food Operator required to take on a massive business opportunity that does Contract Catering, Outside Catering, Private Catering and full scale Café on a busy main road with seating for 70. This is a serious business employing 37 Staff, it has been operated by the current owners for the previous 12 years and is now for sale as retirement beckons.
Why should you consider this opportunity?
- Well Established
- Super Central Location
- Modern Freehold Premises
- 5 Star Rating on Trip Advisor
- 68% Growth Since 2013 with Zero Marketing
- Large Modern Full Commercial Kitchen
- Café / Dining with Seating for 70
- Repeat Clientele
- Forward Bookings
- Systems and Procedures in Place
- Very Easily Run
- Experienced Staff
- Well Presented
- Easy to Navigate Website
- Active Facebook Page with 5 Star Rating
- Reputable Accountants Figures
Cuisine to Go is a dedicated outside catering company serving the city of Townsville and all surrounding areas, from Bushland Beach to Alligator Creek, and Oak Valley to Magnetic Island. The business has a great team of experienced staff in place consisting of professional chefs and support staff with one aim - to provide great food using the best products available.
The current owners of Cuisine to Go have over 20 years’ experience in the hospitality and catering industry, over that time they have gained a wealth of knowledge that makes planning events a breeze.
As fully licensed outside caterers, they can offer only the very best in gourmet cuisine and personalised customer service. They conduct free quotes and discuss client’s plans and requirements offering advice on venues, hire equipment, bar services, music, in fact anything required to make any event a great success.
The Contract Catering part of the business applies to a busy Townsville City Council stadium venue that includes busy long term tenants but also caters for large scale sporting events, official and private functions such as School Formals and Presentation Dinners. This contract still has a residual of 3 years to run.
Cuisine on Bowen is a Café that forms part of the business and operates in the freehold premises, the Café fronts a very busy main road but also has loads of street parking and off street parking to the rear of the building.
It’s a busy little foodie haven that features a delectable selection of home-style cake with a selection of teas and barista made fair trade coffee. Cuisine on Bowen is open daily for breakfast offering a contemporary breakfast menu for all tastes and a lunch offering of quick serve custom made options. The menu includes options for children that are guaranteed to satisfy even the fussiest child.
The freehold property is home to Cuisine on Bowen and a massive modern commercial kitchen that will handle current and future requirements of the business The building holds no surprises as it has recently gone through a complete renovation including fresh paint inside and out and trendy modern fit out. The building is approximately 380m2 sited on a 917m2 block with massive potential to include further options such as expansion to the current arrangement or maybe add a residential development.
The owner has the business running like a well-oiled machine with key staff in place that can totally run the business, the owners input is basically an administration role and should it be required, step to lend a hand occupying 25 to 30 hours per week