Awesome Catering Co. & Home W/ detached kitchen

Not Disclosed, WA
Spokane County


Asking Price: Annual Revenue:
$359,800 $204,600

Food & Beverage: Catering, Food Preparation


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RE: Awesome Catering Co. & Home W/ detached kitchen Broker: Eugene M.O'Connor
License #: DRE 00455570
Owner Financing is Available!
Possible Owner Financing - Process of Pre approval SBA.

Quick Facts

Asking Price: $359,800
Annual Revenue: $204,600
Net Profit: $50,249
Cash Flow: $138,764
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: $269,900
Year Established: 18
Employees: 1
BBN Listing #: 583356908
Broker Reference #: WA002

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Business Overview:

Sheila Marie’s Catering was started in the fall of 2001. After a dinner party I hosted in my home a friend contacted me to help her with preparing dinners a few nights a week for her family as she was taking night courses in college. At first I was not sure what I wanted to do but jumped into it with the thought that it could help me in trying new recipes for my own family.
It worked and I started receiving more calls through word of mouth from friends and friends of friends. In the spring of 2002, I was asked to cater a corporate lunch and that got the ball rolling into the business it is today .
I started cooking in my home kitchen then bought a home incorporating a second kitchen for catering. Sheila Marie’s catering is now housed in a newly built addition to a 2 car garage detached from my home. It is separated from the home by a beautifully landscaped area including a firepit, dinning patio and hot tub.(The P&L shows that if you want the business only, the expected rent for a kitchen location is already added in)
As Sheila Marie’s catering has grown I have chosen to prepare meals that are visually appetizing, freshly made and healthy. Sheila Marie’s is now known city wide as one of the best corporate catering companies, retaining clients for the last 18 years . We also serve cities within 2 hour vicinity.
Clients range from sales reps to expanded internal office personal. Catering breakfast, lunch and corporate dinners. I also cater special events and weddings, though on a very small scale.
Price for business is $89,900 & Home is $269,900

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Property Features and Assets:

Sheila Marie’s catering is now housed in a newly built addition to a 2 car garage detached from my home. It is separated from the home by a beautifully landscaped area including a firepit, dinning patio and hot tub.(The P&L shows that if you want the business only, the expected rent for a kitchen location is already added in).

Market Competition and Expansion:

The owner has chosen to stay a very small company. She is the head chef and does all the planning, scheduling, and hires the delivery drivers. She limits 95 % of the events to week days. There is a lot of room for growth and the base is set for someone who wants to take this company and grow it to new levels. Price for business is $89,900 & Home is $269,900.

Reason for Selling:

Retiring

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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