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Business For Sale
CATERING & EVENT COMPANY
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Asking Price: |
$750,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Non-classifiable
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Reason for Selling:
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Retirement |
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Year Established:
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1997 |
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# of Employees:
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20 |
Business for Sale Overview:
Established catering company with a profitable event design and management component. Complete with all equipment in great condition. This would make a great partner company to an existing restaurant looking to expand or start a catering brand. Great lease. Revenues of over $600,000.00 so far this year. 20+ part-time employees. 2 full time. Motivated ownership.
Property Features and Assets:
The sale will include 2 trucks (a cargo van and a large lift-gate equipped box truck), cargo trailer, a well equipped 500 square foot certified commercial kitchen, and all catering equipment required for off premise catering events, (china, Cambro's, linens, etc). The property is located in a commercial warehouse complex complete with an elevated loading dock, and office space. Existing customer contracts for service will transfer to new owners, providing immediate cash flow. A great lease that is really low, less than $1600.00 per month. We have done all the build out work -- you get to enjoy the benefits. Ownership is retiring.
Market Competition and Expansion:
We have a network of northern Virginia partner sites that we have cultivated to provide us with first references for customers for new business, both wedding as well as corporate markets. We are the only catering company in the market to offer complete catering and event planning services, not just co-ordination. Customers come to us because they know we can provide turn-key events as one vendor to customers.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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