Business for Sale Overview:
The March Group currently represents an established catering company and retail gourmet market serving a wide variety of customers with excellent prospects for growth. Staffed with 29 managers and employees, the Company is poised to achieve $1.45 million in revenue in 2009. The upscale Restaurant, launched in May 2008, has been the largest area of growth in the Company for the past quarter, despite the economic recession. The Market received a national award for a Gourmet Shop in 2008; Catering has received either first or second place awards for 'Best Caterer' in local publications in 2005, 2006, 2007, and 2008; and the Restaurant received the award for 'Best New Restaurant' in 2008. The client base is composed primarily of corporate event planners, not-for-profit organizations, weddings, event sponsors, private parties, and retail walk-in customers. A highly talented and experienced staff and an impressive product portfolio result in an estimated 70 to 75 percent rate of repeat business and helps ensure continuity of the firm's operations. A corporate Web site provides detailed information regarding the Company, its extensive menus, products and services, and contact information. The 2,700 square-foot office facility is owned by the Company and is sufficient to support proforma growth. The owner and managers are committed to remaining with the firm for an agreed upon period following a sale to help the Company realize its proforma objectives.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Operates from a 2,700 square-foot Company-owned facility (including a 1,000 square-foot commercial kitchen), which is sufficient to support the growth that is forecast through 2012. The Company also rents a "mobile-mini" storage unit (700 square feet), which is situated on the parking lot of the premises.
Market Competition and Expansion:
The Company has engaged a marketing firm whose team of marketing professionals provides the focus to cross brand the three aspects of the business and continued to position the business as an enterprise that is passionate about excellence. Their efforts, combined with the network marketing that served as the initial marketing focus for the business, have been the driving force as the Company continues to expand its brand awareness and minimize the effects of a down economy.
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.