HotRock Events and Catering. Established 12yrs. Available Leasehold or Freehold
EXTRAORDINARY SALES FIGURES AND BUSINESS HAS BEEN REDUCED!
HotRock Events and Catering is Newcastle’s most enduring and respected catering business. Established now for 12 years, this catering service business specialises in weddings, corporate events, conferences, seminars and product presentations for their clients.
The business has experienced consistent growth and handles between 3,000 - 5,000 canapes per week plus plated buffet menus catering to an average of 200-300 guests per week. High volume with quality.
The production kitchen is located in Broadmeadow, approximately 50 meters from Broadmeadow’s commercial centre ‘Nine Ways’. Broadmeadow is the geographic centre of Newcastle City. Minutes from the CBD, foreshore & beaches, as well as the new Uni complex, the John Hunter hospital, HMRI and the Greater Newcastle University Campus. The site has a frontage of 11.1 metres and a total area of 354m2. It is on a major bus route and close to Broadmeadow train station. The surrounding development in the area is predominately commercial.
The purchase price includes all plant equipment, fixtures and fittings, website, social media plants, marketing material, business name, domains etc. There is an extensive amount of equipment included, with main equipment items listed below:-
* 2015 Renault Kang Goo Van 21K travelled
* Registered Box Trailer
* 6 s/s benches
* Buffet presentation items
* Liquor license (is attached to the business premises)
* 2 x bakers oven – gas
* Glen- 5 burner gomm oven
* 80L mix master
* Kitchen aid Robot
* Woodsen double deep fryer
* 3 door bench fridge
* Haier stand up freezer- 6 drawer
(Much more equipment is included). A full list will be provided to genuine interested parties.
All staff are on an on-going casual basis the business has consistent staff list available.
A new 3x3 or 5x5 lease is available for the buyer of the business at the existing rent of $51780K PA. including GST this encompasses no.12 & no. 12A Brunker Rd. The residence connected to the kitchen is currently being rented to an external party for $17K PA bringing the commercial rent for the kitchen down to $30K PA or 5.5% of turnover. Naturally the new owners of the business would have the option of keeping this arrangement on going or move into the residence themselves. Further to this if the new owners of the business desired to purchase the freehold, this could also be negotiated.
HotRock Events and Catering is a serious catering business. It experiences a high turnover and high nett profit. All financials can be disclosed to genuine interested buyers.
This is an excellent opportunity to purchase a well-known quality business with everything ready for you to continue. Only serious buyers need apply.
Phone enquiries - please quote property ID 18719