Popular Catering Services Business

Not Disclosed, IA

Central Iowa


Asking Price: Annual Revenue:
$1,100,000 $992,686

Food & Beverage: Catering, Food Preparation


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RE: Popular Catering Services Business Broker: Dennis Henderson

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $992,686
Net Profit: Not Disclosed
Cash Flow: $383,743
Total Debt: Not Disclosed
FF&E: $14,700
Real Estate: Not Disclosed
Year Established: 2007
Employees: 10
BBN Listing #: 266935915
Broker Reference #: 2950

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Business Overview:

This Popular Catering Services Business is one of Iowa’s premier companies offering food, beverage, planning and staffing for events in the Greater Des Moines area. The business provides catering customers many options for plated meals, self-serve or staffed buffets, food stations featuring small portions and passed cocktail foods for private, non-profit or corporate events. The business caters over 40 weddings and around 300 events total annually. The business has great relationships with various venues around the area and they are the exclusive caterer for a large rental event space in Des Moines.

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Property Features and Assets:

The business works out of a large rental event space which is conveniently located in Des Moines. The commercial kitchen is well-equipped with everything needed to run an onsite large-scale event and for transporting food to offsite events.

Market Competition and Expansion:

The market for quality, catering is in huge demand in the Des Moines area and beyond. Growth of the business to date has been accomplished through word of mouth and referrals only. A robust marketing plan targeted to larger businesses in the area could substantially grow the business for corporate catering.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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