NOT DISCLOSED, Minnesota
| Asking Price |
$2,700,000 |
Year Established |
|
|
| Annual Revenue |
$6,391,261 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Dan Huber |
|
| Annual Cash Flow |
$888,676 |
Listing Number |
1016869 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Catering, Food Preparation |
|
Business Overview:
Established Full-Service Catering Company
A well-established, full-service catering company serving weddings, corporate functions, and private social events, with a full management team already in place. The company has recently sharpened its strategic focus, exiting a lower-margin, non-core service line to concentrate on its higher-margin core catering business. Profitability has held strong through this transition, leaving a cleaner, more focused operation.
Revenue is largely pre-booked and contracted in advance, offering forward visibility that's uncommon in food-service acquisitions. This is an event-driven business, not a fixed-location restaurant dependent on daily walk-in traffic.
Key Strengths:
Deliberate focus on higher-margin event catering niche
Full management team in place; low key-person dependency
Long-standing venue and vendor relationships
Pre-booked, contracted revenue model
Long-established reputation and referral-driven client base
Owner retiring after a long, successful tenure
A Note on Financials:
Reported revenue has declined over the past two years due to a deliberate exit from a non-core program. Adjusted earnings reflect the strength of the ongoing core operation. Full financial detail available to qualified buyers under signed NDA.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity