Business For Sale

Absentee-Owned Profitable Catering Company

Not Disclosed, MI
Ottawa County

Asking Price: Annual Revenue:
$159,000 $439,698

Services: Non-classifiable

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RE: Absentee-Owned Profitable Catering Company Broker: Seller of Business
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: $159,000
Annual Revenue: $439,698
Net Profit: Not Disclosed
Cash Flow: $56,700
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: $225,000
Year Established: 1996
Employees: 10
BBN Listing #: 744245079
Broker Reference #: 948

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Business Overview:

Founded in 1996, the Company is a full-service caterer serving the West Michigan area. The Company offers a variety of fresh-made foods primarily for weddings and corporate events. For the past several years, operations have been managed by a general manager with very little involvement from ownership. The Company has developed an extremely strong reputation within the area for the quality food prepared and exceptional service provided to each client.
The owners are seeking to transition the Company to new ownership as they are not able to commit the time necessary to help the Company achieve its full potential. They are willing to provide assistance to a new owner through a reasonable transition period.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.
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Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!

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Property Features and Assets:

The Company operates out of a facility that is owned by a related entity. There are a total of 3,300 square feet between the main building and a storage facility.

Market Competition and Expansion:

Investment highlights include: (1) Fresh Food Made from Scratch: The Company has high standards of quality for the food it prepares to ensure their customers are satisfied. (2) Well-Established Brand in West-Michigan: The Company has developed a strong presence in the West Michigan area due to its excellent customer service and quality of food. (3) Long-Term Staff is Capable of Running Business: The Company has highly experienced staff in place to run the daily operations of the Business, making this a turnkey opportunity. (4) Great Customer Reviews: Past customers have praised the excellent service they received from the Company, proving an effective way to market itself to potential customers. Growth opportunities include: (1) Further Market Penetration: The Company has room to grow significantly with its current capabilities and may expand into catering and cafeteria services for companies and work places. (2) Sales Force Addition: The Company does not currently seek out new customers and has the opportunity to achieve strong growth within its catering services for corporations. (3) Addition of Hands-On Owner: The Company may benefit significantly from a new life and energy associated with the addition of a new owner who chooses to become active in daily operations.

Reason for Selling:

The owners are seeking to transition the Company.

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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