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DealProspect/Listings/Food & Beverage

Spit Roast Catering Business, Tamworth

Catering

ActiveFood & BeverageNew South WalesB2B & B2C
Asking price
~$101,500
est. from headline + $2,500 stock · AUD
Revenue
$260,000
TTM
Earnings
$128,700
Implied multiple (assumed)
~0.8×
Assumed · headline + $2,500 stock
Brief
  • Catering business offering packages for corporate functions, birthdays, parties and weddings
  • Specialises in traditional spit roast catering plus finger foods, platters, canapes, formal foods and desserts
  • Most food prepared at client premises using a trailer fitted with spit roast; modern food van also available
  • Home-based with no leasing costs
  • Can be operated by a couple, owners average 10-20 hours per week
  • Most bookings are for Saturdays
  • Unopposed business model in the region
  • Strong forward bookings