Award-Winning Premier Catering Business

Not Disclosed, UT Salt Lake County

Asking Price: $650,000

Annual Revenue: $794,939

Food & Beverage: Catering, Food Preparation

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RE: Award-Winning Premier Catering Business
Contact: Meili Myles

Owner Financing is Available!

Quick Facts

	Asking Price:	$650,000
	Annual Revenue:	$794,939
	Net Profit:	Not Disclosed
	Cash Flow:	$183,732
	Total Debt:	Not Disclosed
	FF&E:	$169,000
	Real Estate:	Not Disclosed
	Year Established:	1995
	Employees:	15
	BBN Listing #:	976050336
	Broker Reference #:	15541-623872

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Business Overview:

Higher Cash Flow in 2023. This top award-winning caterers regularly cater for weddings, corporate events and fundraising galas, and they are a preferred caterer at many of the most sought-after venues in Utah. The owner is the chef and there is a strong sales team and many very experienced employees. In addition, this business provides full event planning services. The business operates out of a well-equipped, spacious kitchen with significant storage, serving pieces and linens, and office space. This family-operated business has been in operation for nearly 30 years and has established itself as a fixture in the community as one of the prestige caterers for any special event. The owner also serves as the chef and takes pride in being able to provide top-notch food of various cuisines. This business has won multiple local awards and has excellent reviews on Google as well as various wedding sites. While there are many caterers in Utah, there are only a few who offer the highest level of food quality, service, and professionalism. This business can handle everything from intimate family holiday meals for just ten people to large, black tie, catered events for several hundred people.

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Property Features and Assets:

Monthly Rent: $4,453.00

Square Units (Foot, Meter): 6,550

Lease Expiration Date: March 30, 2026, 11:00:00 PM

FF&E Overview: Extensive kitchen appliances, equipment as well as 5 vehicles, including a mobile kitchen.

FF&E General Condition: Good condition.

Market Competition and Expansion:

Competition: While there are many caterers in Utah, there are only a few who offer the highest level of food quality, service, and professionalism. This business can handle everything from intimate family holiday meals for just ten people to large, black tie, catered events for several hundred people.

Expansion: Although this company has recovered well from COVID, there are opportunities for this business to leverage their good name and reputation by booking additional events and perhaps offered a pop up market to reach more customers in addition to expand marketing via social media and digital advertising.

Reason for Selling:

Retirement

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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