Legacy, Profitable Catering Business Plus Property

Austin, TX
Travis County

Asking Price: Annual Revenue:
$500,000 $2,364,048

Food & Beverage: Catering, Food Preparation

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RE: Legacy, Profitable Catering Business Plus Property Broker: Seller of Business

Quick Facts

Asking Price: $500,000
Annual Revenue: $2,364,048
Net Profit: Not Disclosed
Cash Flow: $185,342
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1992
Employees: 6
BBN Listing #: 355346576
Broker Reference #: Not Disclosed

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Business Overview:

Add-on opportunity. Multi-generational catering business for sale. The business services all of Austin metro catering businesses, weddings and everything in between. This is a one-stop-shop catering company providing in-house food preparation, staff, setup, service, food, dishware, service equipment, etc. Sales have been extremely consistent at roughly $2.4 Million for the past three years with SDE at $185,000 in 2019.

This is a rare chance to purchase both a business and the accompanying property.

Property value should be roughly $950,000. This will need to be confirmed by third party appraisal prior to underwriting.

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Property Features and Assets:

6,000 square foot building on 22,000 lot including parking, reception, offices, meeting room, professional kitchen, walk-ins, dry storage, warehouse, dock, multiple vehicles.

Market Competition and Expansion:

Large, diverse customer base through Austin's market and demographics. Long tenure with major clients - some of which have been customers for decades. Seasoned company that is well known over some new businesses in town.Organic growth as Austin swells with new people and businesses. The business has survived multiple economic cycles driven by its service and reputation. A higher marketing budget is one example of what could drive growth.

Reason for Selling:

Family reasons.

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.

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