B2B Catering - recurring revenue - relocatable

ASKING PRICE: $215,000 + GST (if any) + stock at cost
Business only - property excluded

An opportunity to acquire an established Bay of Plenty B2B catering business with long-standing customer relationships, an established operating model and a history of profitable trading.

Established by the original owners in the early 1990s and operated by the current owners since 2005, the business provides daily prepared meals to long-standing B2B customers across the Central North Island.

Revenue and normalised trading profit have increased year-on-year, and the business includes more than $55,000 of tangible business assets.

The business is operated by two working owners, averaging approximately 20 hours each per week.

Importantly, the business is not tied to its current Bethlehem location. With customers spread throughout the Central North Island and distribution already outsourced, it can be relocated outside the Bay of Plenty to another suitable commercial kitchen or food-production facility, subject to applicable regulatory requirements.

Purchasers also have the option to acquire the business together with the owners substantial Bethlehem residence, including the commercial kitchen from which it currently operates.

Key features:

• Long-standing B2B customer relationships
• Revenue and normalised trading profit increasing year-on-year
• Approx. 40 combined owner hours per week
• More than $55,000 of tangible assets
• Established production and distribution systems
• Relocatable outside the Bay of Plenty
• Home-and-income option available

View the associated Bethlehem property:
https://www.eves.co.nz/property/4-bedrooms-Harbelle-Close-Bethlehem-Tauranga-EGT22208

Further information is available to qualified purchasers following completion of a confidentiality agreement.