Events, Catering & Planning

Portland, OR
Multnomah County


Asking Price: Annual Revenue:
$2,350,000 $12,238,065

Food & Beverage: Catering, Food Preparation


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RE: Events, Catering & Planning Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $2,350,000 15% Buyer Down Payment: $352,500 20% Seller Financing: $470,000 65% Bank Loan: $1,527,500

Quick Facts

Asking Price: $2,350,000
Annual Revenue: $12,238,065
Net Profit: Not Disclosed
Cash Flow: $671,657
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 18
BBN Listing #: 556234398
Broker Reference #: EVE006

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Business Overview:

This leading catering business in Oregon has successfully diversified their services in recent months to include home delivery of safely prepared and packaged meals and organization of virtual events for their clients. Their experienced and diverse management team includes a top-notch Executive Chef, a Vice President of Operations, an Operations Manager, IT/Facilities Manager, Sales Manager, Warehouse Manager, Marketing Manager, Sales Manager, and sales & accounting staff. The owners currently handle business management, creative direction, and sales. The company is based out of a leased 40,000 sq. ft. building which includes a production center, warehouses, offices, and an integrated and newly renovated 5,000 sq. ft. event space. The company’s $2.2M worth of assets includes a fully equipped 5,000 sq. ft. kitchen with 4 walk-in fridges, banks of ovens, deep fryers, grills, tables, and production equipment. They also have an extensive warehouse filled with décor, props, and rental furniture, and an inventory of place settings, china, flatware, and glassware for 5,000 people.

Along with meal delivery services and virtual event planning, the team provides a vast array of event services for corporations and nonprofit organizations, including full-service catering, venue selection, event planning & design, floral & décor, staff organization, coordinating with vendors, and complete event management from beginning to end.

With exclusive contracts for certain event spaces in the area, along with being on the preferred caterers list at a number of other venues, solid relationships are in place with several organizations throughout Oregon & Washington; adding more partnerships would lead to tremendous growth.

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Property Features and Assets:

Equipment: $2,019,126: Fully equipped 5,000 sq. ft. kitchen w/ 4 walk-in fridges, banks of ovens, deep fryers, grills, tables, production equipment; Extensive warehouse w/ décor, props, rental furniture, place settings, china, flatware, and glassware for 5,000 people + computer & office equipment Vehicles: $188,103: 2019 Ford Transit Connect, 2019 RAM Promaster Cargo Van w/ Lift, (2) 2013 Ford E250 Vans, 2013 Fort Transit, (2) 2006 Dodge Sprinter Vans, 1999 Isuzu, 1994 Chevy Van Intangible Assets: Leading caterer in the market, leadership team with decades of experience, deep connections in the community

Market Competition and Expansion:

Growth Opportunities: Increase online meal delivery services

Reason for Selling:

Retirement planning.

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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