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CORAL COAST CATERING FOR SALE

Cairns QLD, ID 237997

CORAL COAST CATERING FOR SALE 1
CORAL COAST CATERING FOR SALE 1
Asking price:
AUD$690 000
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Description

Boasting a name synonymous with first-class fresh local produce and exceptional service, Coral Coast Catering is a market-leading catering business within its field.The business provides wedding and event catering across greater Cairns, Port Douglas, and the Atherton Tablelands. This award-winning operation delivers complete event solutions, supported by extensive party hire capabilities.With more than 15 years of industry experience, the business has been refined into a streamlined operation covering all stages from initial client consultation through to the delivery of signature events.The business operates from leased premises at Cannon Park Racecourse and holds exclusive catering rights for all Cairns Jockey Club meetings.All food preparation and post-event clean-up for mobile catering services is carried out on site in a large, functional commercial kitchen. The premises include cold rooms, storage rooms, shipping containers, a fully equipped mobile kitchen, and a fleet of vehicles and trailers. A secure, fenced, and locked compound is included within the leased area.Coral Coast Catering has demonstrated strong resilience through the COVID period, with post-pandemic recovery showing significant growth as event demand increased following border reopenings and the return of international travel.The Tenancy:• Long-term lease at affordable rental within the Cairns Jockey Club precinct• Spacious and functional commercial kitchen suitable for large-scale food preparation• Ample secure storage facilities• Fully fenced and securely locked compound for vehicles and trailer storageThe Business:• Forward bookings post April 2023 exceeding $600,000• Long-standing relationships with corporate clients, government agencies, wedding planners, venues, clubs, and private customers• Multiple income streams through associated businesses including Coral Coast Marquee and Party Hire, All Occasions Affordable Catering, Sugar Wharf Catering, Papa Pepi’s Paella, and CCC Production Catering• Fully trained and experienced staff team• Diverse menu offerings catering to a wide range of budgets and event types• Established off-premise venues across Cairns, beaches, Port Douglas, and the Tablelands• Consistent pipeline of forward bookings• Marquee and party hire services including furniture, crockery, cutlery, and event décor• Fully equipped mobile kitchen housed in a 20ft shipping container for remote catering operations• Functional website and active social media presence• Plant and equipment valued at approximately $350,000• Strong financial performance demonstrating significant growth in FY23This opportunity is well suited to experienced hospitality operators seeking a scalable catering and events business with strong brand recognition and multiple revenue streams.

Details

Real Estate: Lease
Asking price: 690 000 aud

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