*Turnaround* Food Catering Company
Not Disclosed, MI Not Disclosed
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- RE: *Turnaround* Food Catering Company
- Contact: Calder Capital
Quick Facts
| Asking Price: | Not Disclosed | |
| Annual Revenue: | $2,486,360 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $15,296 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $196,100 | |
| Real Estate: | $1,935,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 50 | |
| BBN Listing #: | 996245 | |
| Broker Reference #: | 228 |
Business Overview:
Headquartered in Michigan, the Company excels in delivering outstanding catering services to a variety of clients, encompassing churches, universities, weddings, personal and corporate events, and other institutions. The Company offers an extensive array of menu items, ranging from hors d’oeuvres to breakfast, lunch, dinner, baked goods, and desserts, catering to a broad range of preferences.
Setting the Company apart from competitors, it prioritizes building strong customer relationships, providing an expansive portfolio of catering options, and leveraging its employees' expertise to ensure the highest quality in service delivery. Bolstering the Company’s capabilities is its 23,000 square foot facility, which serves as the cornerstone for efficiently managing its catering operations.
As the Company transitions operational responsibilities to its general manager, ownership is poised to take on an advisory role post-transaction. In pursuit of growth, the Company seeks an acquirer capable of not only enhancing its existing relationships but also expanding its service offerings to capitalize on new event opportunities. The Company’s real estate is owned through a related entity and available for lease, but current ownership is open to negotiating its sale along with the Business if desired.
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. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email info@caldergr.com.
Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.
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Contact the Seller:
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Property Features and Assets:
One facility with a total size of 23,000 square feet is owned by a related entity.
Total Building Size: ~23,000 square feet
Market Competition and Expansion:
Investment Highlights Include:
1. Geographic Excellence and Trusted Customer Relationships
2. Vast Catering Menu Offerings
3. Established Workforce and Well-Maintained Equipment
Growth Opportunities Include:
1. Expansion Into Fundraising Spaces
2. Online Ordering Platform
3. Increased Marketing for the Event Space
Reason for Selling:
Ownership is looking to divest from the Company to retire. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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