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Catering Business
Location Australia
Asking Price Range < $250K
Gross Revenues $350000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1998
Number of Employees 10 - 19
Inventory 100000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Owner willing to help train & market, he loves the business, staff and clients and wants to see you prosper!
Reason for Sale Sea change, owner has moved away from Melbourne and has other business interests
Description Flying Woks is Australia's original wok caterer and has established itself as a popular profitable niche business. Servicing Australia's most well known companies as well as securing contracts at Melbourne's most impressive locations including Melbourne's Queen Victoria Market & Federation Square.
The business has been systemised and has reliable customers and long term staff and the owner lives 100kms away from the office and manages the business from afar. Suit a couple wanting to maximise on the ten years of work done with opportunities to expand interstate.
The Flying Wok System is fully documented and compuerised allowing anybody to manage he business. The asking price is $250k Aud . Substantial web presence with more than 50 catering related web sites registered and trademarked logos and terms.
A 'hands on' individual based in Melbourne could have a lot of fun working this business as clients are always happy to have the Flying Woks over and the business runs smoothly with no bad debts.
The owner of the business Anton Hooton set up the business as a part time job for a bit of fun bit it go so big and profitable he gave up his full time job as an accountant to work the wok system.
Its now time for him to pass the reigns over to another passionate person - if you love people and love being of service, you will have a lot of fun making a lot of money with this business, Anton certainly has.
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