PREMIERE MELBOURNE EVENT/ FUNCTION VENUE 64 SUTTON STREET - NORTH MELBOURNE VIC
BUSINESS Detail
BUSINESS DESCRIPTION
64 SUTTON – One of Melbourne’s Award winning Catering and Event Management Company’s has been exclusively listed for sale. Prestigious client list, top location and easy accessibility make this a very special opportunity.
Assets include a commercial kitchen, 2 x large walk-in cool rooms & 1 x walk-in freezer, delivery van and all the equipment you would expect in a professional service operation. Strengths include food production that is ‘fresh’ and ‘in-house’, innovative presentations and service merchandising, reliability and trustworthiness which all point to why they have a great reputation with their clients and industry wide.
Clearly, a first rate opportunity to lead and excel in catering and event management.
Full service Weddings and Receptions account for about 30% of revenue and Corporate Events 70%. This profitable and easy to run business includes a small café with weekday business from the local area. Well known in the Melbourne social scene for turnkey catering solutions and savoir-faire, this firm has what it takes to be both exciting and profitable. Well regarded within the industry, the staff are all well trained and the owner continues to expand and grow the operation. It’s a terrific business that can continue to grow in both volume and profitability. This million dollar facility is being offered for sale, by the current owners due to other commitments.
– Groovy inner city industrial location
– 1000sqm open venue
– Licensed for 300 patrons
– Long secure lease
– 120k rental
– Fixtures, fittings & equipment to rival the very best
– Huge commercial kitchen, separate prep pastry kitchen & plenty of storage
– Ample parking in the evenings and weekends
There is tremendous potential to expand this business into other market segments; both within the corporate catering business as well as into more socially oriented catering events. The business has excellent food and a stellar reputation within its selected segment.
For Sale via expressions of interest. Please note information by appointment only.
