HOUSTON, Texas
| Asking Price |
$9,996,000 |
Year Established |
2002 |
|
| Annual Revenue |
$9,535,658 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Steve Merritt |
|
| Annual Cash Flow |
$2,388,956 |
Listing Number |
980746 |
|
| # of Employees |
532 |
Business Category |
Food & Beverage: Catering, Food Preparation |
|
Business Overview:
This catering business represents a prime acquisition opportunity with 2024 revenue exceeding $9.5 million and an impressive EBITDA of about $2.39 million. Specializing in high-end catering services, the business has established a solid reputation for delivering full-service, boutique catering to an exclusive clientele of wealthy individuals, large corporations, and prestigious institutions. Over the 23-years of its existence, the business has become a premier catering company, renowned for its modern creations and inventive interpretations of American, international, and regional cuisine.
The business’s success is built on its commitment to quality, personalized service, and a deep understanding of the luxury market. Its experienced management team and skilled culinary staff ensure that every event is executed flawlessly, maintaining the highest standards that clients have come to expect. The company is well-positioned for sustained dominance in its market, with opportunities to expand its reach within the corporate sector and further capitalize on its reputation for excellence. This sale presents an exceptional opportunity for investors or industry players looking to enter or expand in the lucrative high-end catering market.
Property Features and Assets:
<p>Monthly Rent: $13,551.34<br><br>Square Units (Foot, Meter): 21,257<br><br>Terms Options: 5 year<br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity