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- RE: Full-Service Food Catering Business
- Contact: Calder Capital
Quick Facts
| Asking Price: | $0 | |
| Annual Revenue: | $3,175,121 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $305,308 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $1,800,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 65 | |
| BBN Listing #: | 944367 | |
| Broker Reference #: | 228 |
Business Overview:
Based in Michigan, the Company excels in providing exceptional catering services to churches, universities, weddings, personal and corporate events, and other institutions. The Company offers an extensive catalog of menu offerings including, but not limited to, hors d’oeuvres, breakfast, lunch, dinner, baked goods, and desserts.
The Company separates itself from its competition through strong customer relationships, breadth of catering options, and employee expertise, ensuring high-quality catering services for its customers. This is also coupled with its 23,000 square foot facility, giving the Company prime infrastructure to efficiently curate its catering orders.
The Company’s ownership is currently shifting operational duties to its general manager, and ownership plans on transitioning to an advisory role post-transaction. The owners are in search of an acquirer who can not only enhance the Company’s current relationships but also expand its services to new opportunities for events. The real estate is owned through a related entity, and while the owners can lease the real estate, they prefer to negotiate its sale with the business.
Buyers will be required to have a minimum of $250,000 of available capital, solid credit, and preferably industry experience to qualify for financing.
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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.
Market Competition and Expansion:
Investment Highlights Include:
- Geographic Location
- Robust Customer Base
- Vast Catering Menu Offerings
Growth Opportunities Include:
- Increase Marketing Efforts
- Geographic Expansion
- Increase Facility Capacity
Reason for Selling:
Ownership is pursuing retirement.
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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